RBI

RBI Says Shock To Consumption 'Severe', Calls For 'Wide-Ranging' Reforms
The central bank said both the central and state governments have much less fiscal space to deal with COVID-19 than what was available during the global financial crisis.
By Press Trust of India

Nitin Sethi Wins The ACJ Investigative Journalism Award For HuffPost Series On Electoral Bonds
ACJ said the entry was finalised for its stunning exposure of how easily an elected government can subvert the checks and balances fundamental to a democracy.
By Newsroom

A Lot More Pain To The Economy: Former Finance Secretary On Modi Govts Aatma Nirbhar Stimulus
Subhash Chandra Garg explains why the Modi governments suboptimal relief package wont rescue the economy.
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Indias GDP Growth in 2020-21 Expected To Remain In Negative: RBI Governor
Shaktikanta Das said the RBI had cut repo rate by 40 basis points from 4.4 % to 4% while the reverse repo rate was reduced to 3.35%.
By

Yes Bank Founder Rana Kapoor Sent In ED Custody Till March 11
Kapoor, 62, former MD and CEO of the private bank, was arrested by the ED in Mumbai around 3 am on Sunday
By Press Trust of India

Yes Bank Shares Tank, Nirmala Sitharaman Tells Depositors Their Money Is Safe
The banks net banking facilities have not been operational since Thursday evening, PTI said.
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As Retail Inflation Soars, RBI Likely To Put Rate Cuts On Hold
Indias annual retail inflation rose to 7.35% in December its highest in more than five years.
By Swati Bhat, Reuters

Electoral Bonds: The Safeguards Of Indian Democracy Are Crumbling
The ease with which the Narendra Modi government ignored apex institutions like the Reserve Bank of India, Election Commission of India, and even Parliament, intensifies the crisis facing the institutions meant to check the untrammeled power of the executive.
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Watch: What Are Electoral Bonds? And Why Are They So Controversial?
In 2017, the Modi government introduced a secretive way for anyone, including corporations and foreign entities, to funnel money into political parties anonymously.
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Electoral Bonds: Rahul Gandhi, Other Opposition Leaders React To HuffPost India Exclusive
The 'HuffPost India' investigation by journalist Nitin Sethi showed how, 2 days before announcing electoral bonds, the Modi govt dismissed the RBI's warnings on the scheme.
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