Urjit Patel Statement
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"PM Modi Made Childish Statements Which Backfired": Sena On BJP Rout
The Shiv Sena today said that the BJP's dreams of making India Congress-mukt, or Congress-free, have failed after the party tasted defeat on Tuesday in three crucial states where it was in power. Clobbering edits by the Shiv Sena mouthpieces also said that while PM Modi and Amit Shah have been sidelined, Congress President Rahul Gandhi is a "shinin...
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"Effective Immediately": Urjit Patel Statement On Stepping Down As RBI Governor
RBI Governor Urjit Patel, amid a rift with the government over the central bank's autonomy, has stepped down this evening. In a statement, Urjit Patel said he is stepping down with immediate effect and cited personal reasons.
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"Consultations With RBI In Public Interest": Government Amid Autonomy Row
The government today said "extensive consultations" with the Reserve Bank of India (RBI) were in "public interest", after reports said it has started discussions on Section 7 of the RBI Act, a never-before-used rule that allows the centre to give instructions to the central bank's chief. In a statement, the finance ministry said such consultations ...
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RBI Policy Decision Today Amid Global Market Storm: 10 Points
The Reserve Bank of India or RBI is expected to keep repo rate unchanged at 6 per cent today even though inflation is above its medium-term target, according to a Reuters poll. But a majority of economists also expect the central bank's tone to turn hawkish in its latest policy decision, to be announced at 2:30 pm today. Retail inflation hit a 17-m...
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RBI Keeps Repo Rate Unchanged, Downgrades Growth Forecast
The Reserve Bank of India (RBI) cut its growth forecast (GVA) for the year. The central bank had in August projected gross value added growth of 7.3 per cent for 2017-18.
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LIVE Updates: RBI To Soon Announce Monetary Policy Decision
The Monetary Policy Committee is expected to keep the key interest rate unchanged despite a sharp slowdown in economic growth.
-
"PM Modi Made Childish Statements Which Backfired": Sena On BJP Rout
The Shiv Sena today said that the BJP's dreams of making India Congress-mukt, or Congress-free, have failed after the party tasted defeat on Tuesday in three crucial states where it was in power. Clobbering edits by the Shiv Sena mouthpieces also said that while PM Modi and Amit Shah have been sidelined, Congress President Rahul Gandhi is a "shinin...
-
"Effective Immediately": Urjit Patel Statement On Stepping Down As RBI Governor
RBI Governor Urjit Patel, amid a rift with the government over the central bank's autonomy, has stepped down this evening. In a statement, Urjit Patel said he is stepping down with immediate effect and cited personal reasons.
-
"Consultations With RBI In Public Interest": Government Amid Autonomy Row
The government today said "extensive consultations" with the Reserve Bank of India (RBI) were in "public interest", after reports said it has started discussions on Section 7 of the RBI Act, a never-before-used rule that allows the centre to give instructions to the central bank's chief. In a statement, the finance ministry said such consultations ...
-
RBI Policy Decision Today Amid Global Market Storm: 10 Points
The Reserve Bank of India or RBI is expected to keep repo rate unchanged at 6 per cent today even though inflation is above its medium-term target, according to a Reuters poll. But a majority of economists also expect the central bank's tone to turn hawkish in its latest policy decision, to be announced at 2:30 pm today. Retail inflation hit a 17-m...
-
RBI Keeps Repo Rate Unchanged, Downgrades Growth Forecast
The Reserve Bank of India (RBI) cut its growth forecast (GVA) for the year. The central bank had in August projected gross value added growth of 7.3 per cent for 2017-18.
-
LIVE Updates: RBI To Soon Announce Monetary Policy Decision
The Monetary Policy Committee is expected to keep the key interest rate unchanged despite a sharp slowdown in economic growth.
