Recent IMF research indicates that the rise of artificial intelligence and the digital economy has the potential to increase income growth. The IMF today said
Day: March 16, 2018
Amend the law to let RBI discipline PSU banks–16-03-2018
It is easy to dismiss, as an attempt to pass the buck, RBI governor Urjit Patel’s anguished plea for greater legislative powers to stop scams
Why RBI is right on bank reforms – The Financial Express–16.03.2018
Reserve Bank of India Governor Urjit Patel sounds a bit self-serving when he quotes the IMF and World Bank’s FSAP report as saying the central
New Delhi to seek 8 years to phase out export subsidies at WTO – Business Line–16.03.2018
India will make a case for an eight-year transition period to phase out its export subsidies at the consultations sought by the US at the
Watch out, the bond market is rebelling – Business Line–16.03.2018—–*****
Lately, neither the MPC nor the RBI have been able to make domestic interest rates dance to their tunes For a long time, market-watchers in
PNB scam: Govt snubs RBI, says it has enough powers – Times of India–16.03.2018
A day after Reserve Bank of India governor Urjit Patel sought to shift the blame for the Punjab National Bank fraud on the government, officials
Governor’s lament | The Indian Express–16.03.2018
“Success has many fathers, failures none, Hence, there has been the usual blame game, passing the buck, and a tonne of honking, mostly short-term and
The passage of the finance bill without discussion is a new low in the parliamentary process | editorials | Hindustan Times–16.03.2018
The passage on Wednesday of this year’s finance bill, 21 amendments in tow, marks a low in the Indian Parliamentary process. Over the years, disruptions
Media think they’re on a pulpit: CJI – The Hindu–16.03.2018—–*****
Chief Justice of India Dipak Misra said on Thursday that the press should not think they are “sitting on some pulpit.” The Chief Justice’s remarks
Credit tangle: on LoU ban – The Hindu–16.03.2018
A month after the ₹12,800-crore letters of undertaking (LoUs) fraud at Punjab National Bank came to light, the Reserve Bank of India has decided to
Fugitive Economic Offenders Bill: To seize and punish – The Hindu–16.03.2018
The Fugitive Economic Offenders Bill, 2018, which was introduced in the Lok Sabha this week, aims to provide for measures to deter fugitive economic offenders
रिझर्व बँकची प्रतिक्रिया –अग्रलेख लोकसत्ता | निष्क्रियांची सदिच्छा | –१६.०३.२०१८
अस्तित्वावरच जेव्हा नाकर्तेपणाचे प्रश्नचिन्ह उभे राहते तेव्हा अशक्तातील अशक्तदेखील ताठ उभा राहतो आणि निकराचा प्रतिहल्ला करतो. रिझव्र्ह बँकेचे गव्हर्नर ऊर्जित पटेल यांनी नेमके हेच केले.
Too drastic a solution: Ban on letters of undertaking needs to be reviewed | Business Standard Editorials–16.03.2018
The Reserve Bank of India (RBI) appears to have overreacted to the Nirav Modi scandal with its decision to discontinue the issue of letters of
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