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"Make In India Need Not Become Make All That India Needs": RBI Ex-Governor
Sounding a note of caution, former RBI Governor D Subbarao on Monday said that 'Make in India' should not transform into 'Make all that India needs' as it would hurt investments in the country and impact productivity.
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Ex RBI Chief Demands Centre's White Paper On Political Parties' Freebies
The Modi government should come out with a 'White paper' to generate consensus among political parties on the issue of giveaways or freebies, former RBI Governor D Subbarao has said.
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"Underscores Congress' Penchant For Deceit": Smriti Irani On Ex RBI Governor's Book
Union Minister Smriti Irani on Tuesday attacked the Congress over former RBI Governor Duvvuri Subbarao's claim that the finance ministry under Pranab Mukherjee and P Chidambaram used to pressure the RBI.
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UPA Seized RBI To Paint Picture Of Rosy Economy: Minister Anurag Thakur
Union Minister Anurag Thakur on Tuesday alleged that the Congress-led UPA government "seized" the RBI to paint an illusion of economic growth during its tenure in office.
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Pressure Was Put On RBI To Paint Rosier Picture Of Growth, Claims Ex Governor
The finance ministry under Pranab Mukherjee and P Chidambaram used to pressurise the RBI to soften interest rates and present a rosier picture of growth to shore up sentiments, recalled former RBI Governor Duvvuri Subbarao in his memoir.
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RBI's Views Might Have Delayed Crypto Bill: Deputy Governor Michael Patra
RBI Deputy Governor Michael Patra said the central bank's views about cryptocurrencies might have delayed the government's proposed legislation on crypto assets.
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Prime Minister Modi Says Cryptocurrency Should Be Used to Boost Democracy, Not Harm It
PM Modi during a virtual summit hosted by US President Joe Biden said that they are used “empower democracy, not to undermine it”.
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Ex-RBI Governor Says Crypto Could Snatch Central Bank’s Control on Money Supply, Inflation Management
Former RBI governor Duvvuri Subbarao has expressed his views regarding the crypto space in India. Threat to the central bank's jurisdiction on money management as well the lack of a data protection bill are among his top concerns against the legalisation of cryptocurrencies.
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Urjit Patel Resigns: 10 Things To Know About The RBI-Government Conflict
Reserve Bank of India (RBI) Governor Urjit Patel stepped down from his position today, months after a conflict between the central bank and the Narendra Modi government stormed into the open. The opposition parties were quick to blame the government for his decision, with the Congress declaring it as the "result of our chowkidar's assault on democr...
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Inflation Hits Poor The Most, RBI Must Listen To Them, Says D Subbarao
Reserve Bank of India has to listen to voices of the poor who are hurt the most by inflation, its former Governor Duvvuri Subbarao said adding that cutting interest rates is not necessarily the solution to stimulate investment.
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Who is Raghuram Rajan?
Barely a year after taking over as the Chief Economic Adviser to the Finance Ministry, Raghuram Rajan was today appointed as the 23rd governor of the Reserve Bank of India for a period of three years. He will replace D. Subbarao, whose term ends in September.
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Raghuram Rajan is the next RBI Governor
Chief Economic Advisor Raghuram Rajan will be the next Reserve Bank of India (RBI) Governor after incumbent D Subbarao retires in September.
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2G scam: BJP threatens to quit committee which says Chidambaram won't be summoned
Finance Minister P Chidambaram does not need to testify on the telecom scam before a parliamentary committee, the panel's head, PC Chacko, reportedly told the group today, widening the chasm between the Congress and the opposition BJP, which has threatened to quit the panel in protest.
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2G scam: RBI Governor D Subbarao to depose before parliamentary panel, BJP to attend meeting
Nearly a month after storming out of the meeting of Joint Parliamentary Committee (JPC) on 2G scam, members of the Bharatiya Janata Party (BJP) are set to attend its deliberations tomorrow where Reserve Bank of India (RBI) Governor D Subbarao will appear as a witness in his role as former Finance Secretary.
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Goa 5-star hotel false ceiling falls, three tourists injured
Two US nationals and an Indian tourist were injured when the false ceiling of a five-star hotel came crashing down on them in South Goa, police said today. Work on the ceiling, made of plaster of Paris, was going on in the main lobby of the hotel yesterday when it fell over some tourists, Deputy Superintendent of Police Mohan Naik said.
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"Make In India Need Not Become Make All That India Needs": RBI Ex-Governor
Sounding a note of caution, former RBI Governor D Subbarao on Monday said that 'Make in India' should not transform into 'Make all that India needs' as it would hurt investments in the country and impact productivity.
-
Ex RBI Chief Demands Centre's White Paper On Political Parties' Freebies
The Modi government should come out with a 'White paper' to generate consensus among political parties on the issue of giveaways or freebies, former RBI Governor D Subbarao has said.
-
"Underscores Congress' Penchant For Deceit": Smriti Irani On Ex RBI Governor's Book
Union Minister Smriti Irani on Tuesday attacked the Congress over former RBI Governor Duvvuri Subbarao's claim that the finance ministry under Pranab Mukherjee and P Chidambaram used to pressure the RBI.
-
UPA Seized RBI To Paint Picture Of Rosy Economy: Minister Anurag Thakur
Union Minister Anurag Thakur on Tuesday alleged that the Congress-led UPA government "seized" the RBI to paint an illusion of economic growth during its tenure in office.
-
Pressure Was Put On RBI To Paint Rosier Picture Of Growth, Claims Ex Governor
The finance ministry under Pranab Mukherjee and P Chidambaram used to pressurise the RBI to soften interest rates and present a rosier picture of growth to shore up sentiments, recalled former RBI Governor Duvvuri Subbarao in his memoir.
-
RBI's Views Might Have Delayed Crypto Bill: Deputy Governor Michael Patra
RBI Deputy Governor Michael Patra said the central bank's views about cryptocurrencies might have delayed the government's proposed legislation on crypto assets.
-
Prime Minister Modi Says Cryptocurrency Should Be Used to Boost Democracy, Not Harm It
PM Modi during a virtual summit hosted by US President Joe Biden said that they are used “empower democracy, not to undermine it”.
-
Ex-RBI Governor Says Crypto Could Snatch Central Bank’s Control on Money Supply, Inflation Management
Former RBI governor Duvvuri Subbarao has expressed his views regarding the crypto space in India. Threat to the central bank's jurisdiction on money management as well the lack of a data protection bill are among his top concerns against the legalisation of cryptocurrencies.
-
Urjit Patel Resigns: 10 Things To Know About The RBI-Government Conflict
Reserve Bank of India (RBI) Governor Urjit Patel stepped down from his position today, months after a conflict between the central bank and the Narendra Modi government stormed into the open. The opposition parties were quick to blame the government for his decision, with the Congress declaring it as the "result of our chowkidar's assault on democr...
-
Inflation Hits Poor The Most, RBI Must Listen To Them, Says D Subbarao
Reserve Bank of India has to listen to voices of the poor who are hurt the most by inflation, its former Governor Duvvuri Subbarao said adding that cutting interest rates is not necessarily the solution to stimulate investment.
-
Who is Raghuram Rajan?
Barely a year after taking over as the Chief Economic Adviser to the Finance Ministry, Raghuram Rajan was today appointed as the 23rd governor of the Reserve Bank of India for a period of three years. He will replace D. Subbarao, whose term ends in September.
-
Raghuram Rajan is the next RBI Governor
Chief Economic Advisor Raghuram Rajan will be the next Reserve Bank of India (RBI) Governor after incumbent D Subbarao retires in September.
-
2G scam: BJP threatens to quit committee which says Chidambaram won't be summoned
Finance Minister P Chidambaram does not need to testify on the telecom scam before a parliamentary committee, the panel's head, PC Chacko, reportedly told the group today, widening the chasm between the Congress and the opposition BJP, which has threatened to quit the panel in protest.
-
2G scam: RBI Governor D Subbarao to depose before parliamentary panel, BJP to attend meeting
Nearly a month after storming out of the meeting of Joint Parliamentary Committee (JPC) on 2G scam, members of the Bharatiya Janata Party (BJP) are set to attend its deliberations tomorrow where Reserve Bank of India (RBI) Governor D Subbarao will appear as a witness in his role as former Finance Secretary.
-
Goa 5-star hotel false ceiling falls, three tourists injured
Two US nationals and an Indian tourist were injured when the false ceiling of a five-star hotel came crashing down on them in South Goa, police said today. Work on the ceiling, made of plaster of Paris, was going on in the main lobby of the hotel yesterday when it fell over some tourists, Deputy Superintendent of Police Mohan Naik said.
