Finance - general
Govt pins hopes on its nominees as RBI board meeting continues
19 Nov 2018
The ongoing meeting of the Reserve Bank of India board is likely to find new ways to ease tension between the government and the central bank and ease credit flow
ADB extends $574 million in loans to India
16 Nov 2018
Former RBI chief Raghuram Rajan backs RBI’s autonomy call
06 Nov 2018
While Rajan commended RBI’s warning of risks stemming from government meddling of central bank affairs, he also said the RBI could inject liquidity to ease any cash crunch at financial institutions
Govt wants more than a third of RBI’s Rs9,59,000-cr reserves
06 Nov 2018
RBI views the government’s attempt to make the central bank a cash cow like state-run enterprises and dip into its reserves can adversely impact macro-economic stability, and has not accepted the proposed changes
FSDC meeting steers clear of RBI-finmin tussle
31 Oct 2018
Deputy governor Viral Acharaya’s criticism of the government encroaching on RBI turf came after the finance ministry invoked a not-yet-used Section 7 of the RBI Act that gives the government broad powers to give directions to the RBI in public interest
Overdose of foreign capital triggering rupee fall: Viral V Acharya
29 Oct 2018
To protect the economy from short-termism, the central bank is designed to be at a safe distance from the executive branch of the government, the RBI deputy governor said
Number of crorepati taxpayers in India up 60% in 4 years: CBDT
23 Oct 2018
The number of income tax returns filed also increased by more than 80 per cent over the last four financial years from 37.9 million in FY 2013-14 (base year) to 68.5 million in FY 2017-18
SBI to nearly double its NBFC exposure to Rs45,000 cr
10 Oct 2018
SBI, which had initially planned NBFC portfolio purchases for Rs15,000 crore during the current year, now plans to buy an additional portfolio in the range of Rs20,000-30,000 crore