British Prime Minister Rishi Sunak, who is currently dealing with an economic crisis before the general elections, is in the news for a private jet he took last year that was apparently funded by an entrepreneur named Akhil Tripath who is also a minor Tory donor.

RBI likely to give government bumper interim dividend: Sources

The Reserve Bank of India (RBI) will not like the banking system to be in a situation of "loose money", Governor Shaktikanta Das said on Monday after a meeting with representatives of small- and medium-sized businesses.

RBI will not allow 'loose money' situation: Shaktikanta Das

A sudden surge in crude prices can upset the nation's key macro-stability parameters, as it can sharply spike the current account deficit (CAD), inflation and the fiscal numbers, whittling the benefits of higher growth, warns an RBI study.

Crude shocker can be rude shocks for economy: RBI economists

RBI Governer Shaktikanta Das said in a tweet, 'Will hold meetings with MSME associations and representatives of NBFCs next week.'

RBI Governer Shaktikanta Das to meet MSME, NBFC representatives next week

Inflation seems to have become a double-edged sword for policymakers with political opponents attacking the government over farmers getting hit due to low prices for agricultural produce, even as the rate of price rise in 2018 has mostly been contained within the targeted comfort zone.

Inflation in 2018: Data shows price rise within comfort zone, but farmers hit

The Reserve Bank is looking at a mobile phone-based solution to help visually impaired people easily identify Indian currency notes. Currently, intaglio printing-based identification marks are present in banknotes of Rs 100 and above for helping the visually challenged identify them.

RBI exploring mobile phone-based solution to help visually impaired identify banknotes

The US dollar strength, oil prices and next year's general elections will determine the rupee's direction in the near-term, with fundamentals being supportive for the domestic currency over the next 6-12 months, says a report by Standard Chartered.

US dollar strength, oil prices, general elections to determine rupee direction in near term: Report

Probity watchdog Central Vigilance Commission (CVC) has started examining audit reports of state-run banks and insurance companies to check incidents of fraud and suggest corrective measures, officials said Wednesday.

CVC examining audit reports of state-run banks, insurance companies to check fraud

The Reserve Bank of India (RBI) will soon introduce a new Rs 20 currency note with additional features, according to a document of the central bank. The central bank has already issued new look currency notes in the denominations of Rs 10, Rs 50, Rs 100, and Rs 500, besides introducing Rs 200 and Rs 2,000 bank notes.

RBI to soon release new Rs 20 bank note

The outgoing year marks a watershed in the annals of the country’s apex bank as the Reserve Bank of India (RBI) turned out to be a tussling ground for its governor and the government.

Shaktikanta Das has a job cut out for himself at RBI

Demanding special status for his state, Andhra Pradesh Chief Minister N Chandrababu Naidu held "Dharma Porata Deeksha" (struggle for justice) protest against the BJP-led NDA government at the Centre, at Srikakulam town on Saturday.

Special status row: TDP protests against BJP in Srikakulam

National Conference chief Farooq Abdullah Friday said Congress president Rahul Gandhi is no longer a "Pappu" and has proved his mettle as a leader by winning elections in three Hindi heartland states.

Rahul no longer a 'Pappu' after poll win in three states: Farooq Abdullah

Days after Reserve Bank governor Urjit Patel's resignation, finance minister Arun Jaitely Tuesday said while enjoying functional autonomy, a regulator cannot be "isolationist" and has to consult all stakeholders.

Regulators can't work in isolation: Jaitley on row with RBI

The crucial central board meeting of the Reserve Bank is underway Friday morning to discuss contentious issues including a new economic capital framework (ECF) for the central bank and relaxation in the prompt corrective action norms for at least some of 12 state-run banks.

RBI board meeting gets underway

The rupee Friday depreciated by 14 paise to 71.82 in early trade on the forex market as the American currency strengthened, while the domestic equity market opened on a weak note.

Rupee rises 14 paise to 71.82 against US dollar in early trade

Former Chief Economic Advisor (CEA) Arvind Subramanian opined that although the Reserve Bank of India's (RBI) independence is sacred, there must be "creative tension" between the central bank and government.

Creative tension should exist between RBI, Government: Former CEA Arvind Subramanian

The rupee Thursday appreciated by 42 paise to 71.59 in early trade after the new RBI governor Shaktikanta Das took charge and stressed on the need of a consultative approach to tackle pressing economic issues.

Rupee rises 42 paise to 71.59 per US dollar in early trade

Social media question Shaktikanta Das, new RBI Governor qualification

Eminent economist and columnist Surjit Bhalla on Tuesday said that he had resigned as a part-time member of Economic Advisory Council to the Prime Minister(EAC-PM) on December 1.

Surjit Bhalla resigns as part-time member of Economic Advisory Council to PM Modi

The BSE Sensex opened 500 points down in early trade on Tuesday after RBI governor Urjit Patel's resignation which was announced a day earlier. The NSE Nifty was also down losing 131 points.

Sensex dives 500 points over Urjit Patel's resignation, state poll trends

Indian stock, bond and foreign exchange markets are all likely to open lower on Tuesday after the shock resignation of the head of the Reserve Bank of India (RBI).

Markets likely to be rocked as RBI chief Urjit Patel quits

RSS ideologue and an independent director on RBI board S Gurumurthy Monday described the resignation of Urjit Patel as a setback to the convergence that the central bank and the government were reaching on contentious issues.

'Surprised', says RBI Independent Director Gurumurthy on Patel's resignation

The Reserve Bank Monday denied speculation about deputy governor Viral Acharya also quitting his job, terming them as incorrect and baseless rumours. "Reports of deputy governor Acharya also having quit are baseless and incorrect," an RBI spokesperson told PTI.

RBI says no basis to reports about Acharya quitting

India's growth very solid, government should heed RBI's message: IMF It is important for the Indian government to heed the RBI's message on financial stability, IMF's Chief Economist Maurice Obstfeld said, amid reports of friction between the central bank and the finance ministry.

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