Anirban Nag And Archana Chaudhary Bloomberg
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Government Not Informed In Advance Of Urjit Patel's Decision: Report
Mr Patel, who succeeded Raghuram Rajan in September 2016 for a three-year term, has been at loggerheads with the finance ministry on matters including the banking crisis and interest rates.
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India's Budget Threat in Focus After PM Modi Loses Karnataka
Prime Minister Narendra Modi's loss of control of a key Indian state will put pressure on his party to ramp up spending to woo more rural voters, pushing back plans to rein in one of Asia's largest budget deficits.
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India's Budget Threat In Focus After PM Modi Loses Karnataka
Prime Minister Narendra Modi's loss of control of a key state will put pressure on his party to ramp up spending to woo more rural voters, pushing back plans to rein in one of Asia's largest budget deficits.
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RBI Gets 'Mojo Back', Shows Independent Streak in Budget Risks Warning
While it kept its overall stance neutral, one of the six-member committee gave up his rate cut call while another voted for a 25 basis-point increase.
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Economist Who Predicted Growth Slump Sees Lingering Pain From Notes Ban
Government data on Thursday showed consumption continued to fall under the impact of Prime Minister Narendra Modi's clampdown on cash and investment stayed sluggish.
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PM Modi Anti-Graft Drive Hit, 99% Of Banned Notes Returned
People have deposited nearly all the currency bills voided by Prime Minister Narendra Modi, denting the central bank's profit and dealing a blow to his drive to unearth unaccounted wealth.
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RBI Placates With A Rate Cut, Over To PM Modi
The Reserve Bank of India lowered its benchmark repurchase rate to 6 percent from 6.25 percent, as widely expected, and called on local administrations to speed up projects because there's "an urgent need" to boost private investment.
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Market Darling India Has Issues As Inflation Hits Record Low
Some of the pessimism stems from the fact that is India is still recovering from a cash ban that interrupted employment for millions, forced farmers into fire sales of agricultural produce and bogged down the manufacturing sector.
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PM Narendra Modi's GST Challenge Makes Donald Trump's Tax Overhaul Look Easy
The challenge is daunting: Convert an economy of more than 1 billion consumers, 29 states, 22 official languages, 9 million businesses all operating under a spider's web of taxes, arcane regulations and competing political ambitions into a unified common market.
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Refusing Questions On Notes Ban, RBI Cites Threat To Life: Report
The Reserve Bank of India recommended the move, which was accepted by the cabinet and announced by PM Modi on Nov. 8, Power Minister Piyush Goyal told parliament in November.
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Government Forecasts Economic Growth At 3-Year-Low Even Without Notes Ban
However, the numbers don't consider data from November onward, when PM Modi shocked the nation by banning high-value bank notes, Chief Statistician TCA Anant said at a subsequent briefing in New Delhi.
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Government Not Informed In Advance Of Urjit Patel's Decision: Report
Mr Patel, who succeeded Raghuram Rajan in September 2016 for a three-year term, has been at loggerheads with the finance ministry on matters including the banking crisis and interest rates.
-
India's Budget Threat in Focus After PM Modi Loses Karnataka
Prime Minister Narendra Modi's loss of control of a key Indian state will put pressure on his party to ramp up spending to woo more rural voters, pushing back plans to rein in one of Asia's largest budget deficits.
-
India's Budget Threat In Focus After PM Modi Loses Karnataka
Prime Minister Narendra Modi's loss of control of a key state will put pressure on his party to ramp up spending to woo more rural voters, pushing back plans to rein in one of Asia's largest budget deficits.
-
RBI Gets 'Mojo Back', Shows Independent Streak in Budget Risks Warning
While it kept its overall stance neutral, one of the six-member committee gave up his rate cut call while another voted for a 25 basis-point increase.
-
Economist Who Predicted Growth Slump Sees Lingering Pain From Notes Ban
Government data on Thursday showed consumption continued to fall under the impact of Prime Minister Narendra Modi's clampdown on cash and investment stayed sluggish.
-
PM Modi Anti-Graft Drive Hit, 99% Of Banned Notes Returned
People have deposited nearly all the currency bills voided by Prime Minister Narendra Modi, denting the central bank's profit and dealing a blow to his drive to unearth unaccounted wealth.
-
RBI Placates With A Rate Cut, Over To PM Modi
The Reserve Bank of India lowered its benchmark repurchase rate to 6 percent from 6.25 percent, as widely expected, and called on local administrations to speed up projects because there's "an urgent need" to boost private investment.
-
Market Darling India Has Issues As Inflation Hits Record Low
Some of the pessimism stems from the fact that is India is still recovering from a cash ban that interrupted employment for millions, forced farmers into fire sales of agricultural produce and bogged down the manufacturing sector.
-
PM Narendra Modi's GST Challenge Makes Donald Trump's Tax Overhaul Look Easy
The challenge is daunting: Convert an economy of more than 1 billion consumers, 29 states, 22 official languages, 9 million businesses all operating under a spider's web of taxes, arcane regulations and competing political ambitions into a unified common market.
-
Refusing Questions On Notes Ban, RBI Cites Threat To Life: Report
The Reserve Bank of India recommended the move, which was accepted by the cabinet and announced by PM Modi on Nov. 8, Power Minister Piyush Goyal told parliament in November.
-
Government Forecasts Economic Growth At 3-Year-Low Even Without Notes Ban
However, the numbers don't consider data from November onward, when PM Modi shocked the nation by banning high-value bank notes, Chief Statistician TCA Anant said at a subsequent briefing in New Delhi.
