Patel Reservation Row

The Reserve Bank of India chief Urjit Patel on Wednesday drew a veil over a public spat with the government, refusing to answer questions on a matter which had raised concerns that the central bank's independence could be undermined.

As Prime Minister Narendra Modi's government turns up the heat on the Reserve Bank of India (RBI) governor to do its bidding ahead of next year's general election it is getting the central bank's board to take on a much more powerful role, according to government officials and board members.

The centre has proposed changing rules that will enable closer supervision of the Reserve Bank of India, people with knowledge of the matter said, a move that may undermine investor confidence in the world's fastest-growing major economy.

Prime Minister Narendra Modi and Reserve Bank Governor (RBI) Urjit Patel reportedly met last week in the middle of an unprecedented face-off between the government and the central bank on a range of issues including autonomy. The meeting took place on Friday, news agency PTI reported.

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 ...

Activist Hardik Patel began his journey home to Gujarat today with a full-blown attack on Prime Minister Narendra Modi over the khadi calendar row and vowed to renew the Patidar or Patel agitation for reservation in government jobs and colleges. The 23-year-old was granted bail in a sedition case last year on the condition that he would stay out of...

The demand for quota by Patidars is likely to be a key issue in the run up to Gujarat Assembly polls next year, with the BJP's attempt to put the row behind by announcing 10 per cent reservations for economically backward among the upper castes appearing to meet little success.

A committee of Ministers set up last year to negotiate with various Patel groups seeking reservation under the OBC category will meet Gujarat Chief Minister Anandiben Patel today and handover its report.

An audio tape has surfaced in which a Patel quota agitation leader is allegedly saying that his community "stands no chance" of getting reservation under the Other Backward Classes (OBC) category, while another leader has alleged that Hardik Patel "misled" the community on the issue.

Patel quota stir spearhead Hardik Patel, who is behind bars in two sedition cases, today said he will resume the agitation after he is released from jail and not even Gujarat Chief Minister Anandiben Patel can stall the protest.

A man belonging to the Patel community, which has been agitating for reservation in government colleges and jobs, allegedly committed suicide here today saying he had taken the extreme step for supporting the ongoing stir, police said.

"India's reservation policy has become a disaster" - that was the scathing critique from celebrated economist Jagdish Bhagwati in an interview to NDTV's Buck Stops Here from New York's Columbia University.

Hardik Patel, leader of the Patel quota agitation in Gujarat, today said he will start meeting legislators of his community soon to know where they stand on the reservation issue, which sparked violence across the state claiming ten lives last week.

Patel agitation leader Hardik Patel should behave like Shiv Sena icon Bal Thackeray if he really considers the latter to be his role model, Sena president Uddhav Thackeray said.

Some time after he was detained and released by the police last night, 21-year-old Hardik Patel appeared in a video message and called for a bandh in Gujarat. Speaking in Gujarati, he also appealed for calm.

The Reserve Bank of India chief Urjit Patel on Wednesday drew a veil over a public spat with the government, refusing to answer questions on a matter which had raised concerns that the central bank's independence could be undermined.

As Prime Minister Narendra Modi's government turns up the heat on the Reserve Bank of India (RBI) governor to do its bidding ahead of next year's general election it is getting the central bank's board to take on a much more powerful role, according to government officials and board members.

The centre has proposed changing rules that will enable closer supervision of the Reserve Bank of India, people with knowledge of the matter said, a move that may undermine investor confidence in the world's fastest-growing major economy.

Prime Minister Narendra Modi and Reserve Bank Governor (RBI) Urjit Patel reportedly met last week in the middle of an unprecedented face-off between the government and the central bank on a range of issues including autonomy. The meeting took place on Friday, news agency PTI reported.

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 ...

Activist Hardik Patel began his journey home to Gujarat today with a full-blown attack on Prime Minister Narendra Modi over the khadi calendar row and vowed to renew the Patidar or Patel agitation for reservation in government jobs and colleges. The 23-year-old was granted bail in a sedition case last year on the condition that he would stay out of...

The demand for quota by Patidars is likely to be a key issue in the run up to Gujarat Assembly polls next year, with the BJP's attempt to put the row behind by announcing 10 per cent reservations for economically backward among the upper castes appearing to meet little success.

A committee of Ministers set up last year to negotiate with various Patel groups seeking reservation under the OBC category will meet Gujarat Chief Minister Anandiben Patel today and handover its report.

An audio tape has surfaced in which a Patel quota agitation leader is allegedly saying that his community "stands no chance" of getting reservation under the Other Backward Classes (OBC) category, while another leader has alleged that Hardik Patel "misled" the community on the issue.

Patel quota stir spearhead Hardik Patel, who is behind bars in two sedition cases, today said he will resume the agitation after he is released from jail and not even Gujarat Chief Minister Anandiben Patel can stall the protest.

A man belonging to the Patel community, which has been agitating for reservation in government colleges and jobs, allegedly committed suicide here today saying he had taken the extreme step for supporting the ongoing stir, police said.

"India's reservation policy has become a disaster" - that was the scathing critique from celebrated economist Jagdish Bhagwati in an interview to NDTV's Buck Stops Here from New York's Columbia University.

Hardik Patel, leader of the Patel quota agitation in Gujarat, today said he will start meeting legislators of his community soon to know where they stand on the reservation issue, which sparked violence across the state claiming ten lives last week.

Patel agitation leader Hardik Patel should behave like Shiv Sena icon Bal Thackeray if he really considers the latter to be his role model, Sena president Uddhav Thackeray said.

Some time after he was detained and released by the police last night, 21-year-old Hardik Patel appeared in a video message and called for a bandh in Gujarat. Speaking in Gujarati, he also appealed for calm.