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‘Day of reckoning’: Amid friction with govt, all eyes now on RBI board meeting tomorrow

‘Day of reckoning’: Amid friction with govt, all eyes now on RBI board meeting tomorrow

NEW DELHI: Amid an ongoing rift between the Union government and the central bank, all eyes will be on the board meeting of the Reserve Bank of India (RBI) on Monday. Finance Ministry nominees and some independent directors are expected to take on Governor Urjit Patel and his team over issues ranging from liquidity for […]

India’s potential growth rate below 7%: RBI paper

India’s potential growth rate below 7%: RBI paper

Mumbai: What is the potential growth rate of the Indian economy? The question, the answer to which is key to policy decisions such as how far interest rates should be lowered, has always been an actively debated one. The latest estimate of the country’s potential growth rate comes from a working paper released by the Reserve […]