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Reserve Bank of India (RBI) has massive Rs 9.59 lakh crore reserves and the government, if reports are to be believed.

Important for Indian govt to heed RBI's message on financial stability: IMF Chief

Central bank does have to be intimately concerned with financial stability to some degree and with the payment system.

10 Dec 2018 2:24 PM

“Huawei has never been asked by any government to build any backdoors or interrupt any networks, and we would never tolerate such behavior by any of our staff,” said Huawei. (Photo: AP)

Huawei denies it poses security threat after EU warning

Huawei said that it had never been told by any government to obtain covert access through so-called “backdoors”.

08 Dec 2018 10:25 AM

Patel parries all questions about spat with govt

Section 7 of the RBI Act which empowers government to direct the central bank to undertake certain policy measures in public interest.

05 Dec 2018 4:27 PM

Government to run power play at next RBI board meeting: report

PM Modi is keen to stimulate the economy and is looking for the RBI to allow easier lending policies.

28 Nov 2018 3:46 PM

Overloaded with an unsustainable debt of about Rs 50,000 crore, the airline is finding it tough to survive in one of the world's most competitive aviation markets. (Photo: File | AFP)

Govt clears strategic sale of Air India’s arm AIATSL

AIATSL provides ground handling services such as baggage movement, cargo and security at various airports.

28 Nov 2018 12:28 PM

Limiting the appreciation cover in RBI's currency and gold revaluation account to 25 per cent will release about Rs 72,000 crore to the govt.

RBI can transfer Rs 1 trillion of excess reserves to govt: report

The government for the second year in a row has pegged fiscal deficit at 3.3 per cent of GDP this fiscal year.

26 Nov 2018 4:12 PM

Grappling with spiralling operational costs, airlines have been looking at ways to increase their revenues from ancillary services.

Govt to review airlines' decision to charge for all seats during web check-in

The airline is charging for every seat selection made through the web.

26 Nov 2018 1:00 PM

As per the current norms, banks can only be a consignment or channelising agent in the import of bullion for jewellers and exporters.

Banks to get green signal for gold business

Allowing bullion banking will be a main step towards developing gold infrastructure in India and establishing gold as an asset class.

26 Nov 2018 10:33 AM

Finance Minister Arun Jaitley. (Photo: Twitter | ANI)

Government does not need RBI funds yet: Arun jaitley

RBI to aid small businesses and give bankers more time to step up capital norms to encourage lending and stimulate the economy.

24 Nov 2018 1:32 PM

Govt holds 66.13 per cent stake in the company and has offered to tender 5.04 crore shares in the buyback offer.

Oil India Ltd to buyback 4.45 per cent shares for Rs 1,085 crore

Govt is targeting a minimum Rs 5,000 crore through share buyback offers of state-owned firms like Coal India and BHEL.

23 Nov 2018 6:00 PM

Decision to restructure stressed MSME loans of up to Rs 25 cr also has the potential for having negative implications for the credit profiles of Indian banks.

RBI decision to extend timeline for banks to meet capital norms 'credit negative': Moody's

The RBI board decided to retain the capital adequacy requirement for banks at 9 per cent.

20 Nov 2018 12:08 PM

The Board decided to constitute an expert committee to examine the Economic Capital Framework.

Showdown averted, RBI agrees to ease liquidity at board meet

Nine-hour-long marathon meeting ends on a ‘cordial note’.

20 Nov 2018 10:10 AM

Defence procurement happening speedily but with 'due diligence intact': Sitharaman

Sitharaman also urged defence manufacturers to get out of the mindset of looking at the India market alone.

15 Nov 2018 3:54 PM

RBI Governor Urjit Patel’s threat to quit is thought to be off the table for now.

RBI, govt to accommodate each other by November 19 meet

Steps to ease credit pressure likely, capital framework row to be put on slow burner.

15 Nov 2018 10:23 AM

NCLT to extend the moratorium so that legal action can’t be taken by creditors against IL&FS or its 347 group entities.

Govt may nudge LIC, SBI to buy out IL&FS

LIC and ORIX Corporation of Japan are the largest shareholders in IL&FS having 25.34 per cent and 23.54 per cent stake respectively.

12 Nov 2018 12:16 PM

The oil explorer is opposed to the plan as it feels it should be allowed the same terms that the government extends to private and foreign firms in DSF.

Govt may sell 149 ONGC fields to private firms

This is the second attempt by the oil ministry to take away some of the fields of ONGC for private and foreign companies.

12 Nov 2018 11:27 AM

As per the RBI website, its central board currently has 18 members, though the provision is that it can go up to 21.

RBI vs govt: The 18 wise men tasked with supervision of the Mint Street

RBI board is scheduled to meet next on November 19 amid an ongoing tussle with the government on multiple fronts.

12 Nov 2018 10:56 AM

The Reserve Bank of India (RBI) has a massive Rs 9.59 lakh crore reserves.

Govt says not seeking massive reserve transfer from RBI, in talks for 'capital framework'

09 Nov 2018 6:06 PM

RBI board needs to play like Dravid: Raghuram Rajan

Banks can kick-start lending and support growth, and transferring more dividend to boost liquidity.

07 Nov 2018 11:09 AM

Former RBI governor Raghuram Rajan. (Photo: PTI)

Raghuram Rajan says RBI is a seat belt for govt; autonomy must be respected

Central bank has the liberty to say no if the government pushes it to be lenient, says Rajan.

06 Nov 2018 5:30 PM

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Anita Anand