RBI cuts repo rate by 25 basis points to boost economic growth

The six-member monetary policy committee (MPC) headed by Governor Shaktikanta Das announced the decision after a three-day meeting. GDP growth slumped lower to 5% in the April to June quarter as against a 8% in the year-ago period. The Reserve…

RBI will not hesitate to take any measure required to maintain financial stability: Shaktikanta Das

While addressing a press conference in Mumbai, RBI Governor Shaktikanta Das informed that RBI will not hesitate to take any measure which is required to maintain the financial stability of the system including, shot-term, medium-term and long term.

RBI to redesign market structure of corporate loans

RBI constitutes task force on secondary market for corporate loans The Reserve Bank of India (RBI) on Wednesday constituted a task force on the development of secondary market for corporate loans. In India, banks sell their stressed loans to the…

Demonetisation Files: Modi’s biggest failure? (1/2)

The much-touted masterstroke of PM Modi – demonetisation has mightily fallen short of what it was expected to achieve.

₹ 700 billion and counting: RBI struggles to revive sluggish economy

RBI’s ₹ 700 bn cash infusion in April was unable to revive the economy, further efforts are expected to continue.

BJP and Narendra Modi ‘दोनों हैं संविधान विरोधी’ – Randeep Surjewala

Randeep Singh Surjewala addressed the media outside Parliament today. श्री रणदीप सिंह सुरजेवाला ने पत्रकारों को संबोधित करते हुए कहा कि सीबीआई डॉयरेक्टर को बहाल करने का सुप्रीम कोर्ट का फैसला मोदी सरकार की नीतियों व निर्णयों पर करारा तमाचा…

#Rafalescam | Continued attacks by Congress on Modi and team

Randeep Singh Surjewala on Twitter Modiji adds another 1st to his list After being the first PM to be exposed destroying the #CBI before the SC, After having ruined CVC’s credibility (requiring supervision by former SC judge), Mr. Modi has…