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Markets react volatile amid election trends, Urjit Patel's exit
Updated : 7 years, 3 months ago IST
New Delhi [India], Dec 11 (ANI): The markets on Tuesday witnessed a gap-down start ahead of the results of the state elections, and investors turning wary over the shocking resignation by the Reserve Bank of India (RBI) Governor Urjit Patel.
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PM Modi appeals to parties to ensure smooth functioning of Winter Session
Updated : 7 years, 3 months ago IST
New Delhi [India], Dec 11 (ANI): As the Winter Session of Parliament commenced, Prime Minister Narendra Modi on Tuesday appealed to all political parties to ensure smooth functioning while assuring that all issues would be discussed in the House.
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Urjit Patel's resignation severe blow to economy: Manmohan Singh
Updated : 7 years, 3 months ago IST
New Delhi [India], Dec 10 (ANI): Former Prime Minister Manmohan Singh on Monday said that Urjit Patel's resignation as the RBI Governor "is very unfortunate and is a severe blow to the nation's economy" and hoped that "the step isn't sign of government's sign to destroy India's economy."
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Patel's resignation will be bad for the country, economy: Subramanian Swam
Updated : 7 years, 3 months ago IST
New Delhi [India], Dec 10 (ANI): Bharatiya Janata Party (BJP) leader Subramanian Swamy has raised concern over the resignation of the RBI Governor Urjit R. Patel on Monday while asserting that it will be bad for the Indian economy.
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BJP govt has unleashed a defacto financial emergency: Cong on Urjit Patel'
Updated : 7 years, 3 months ago IST
New Delhi [India], Dec 10 (ANI): The Bharatiya Janata Party (BJP) has unleashed a defacto financial emergency which has put the country's reputation and credibility at stake, said senior Congress leader Ahmed Patel while reacting on the sudden resignation of Reserve Bank of India (RBI) Gover
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Patel resigned to protect RBI; opposition united to stop BJP's assault: Ra
Updated : 7 years, 3 months ago IST
New Delhi (India) Dec 10 (ANI): Congress president Rahul Gandhi on Monday said Urjit Patel resigned as Governor of Indian’s central bank because he wanted to protect the institution RBI.
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PM Modi, Jaitley hail outgoing RBI Governor
Updated : 7 years, 3 months ago IST
New Delhi [India], Dec 10 (ANI): Prime Minister Narendra Modi on Monday hailed Urjit Patel for his professional 'integrity' and said the outgoing RBI governor had steered the banking system from chaos to order and ensured discipline.
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Urjit Patel quits as RBI Governor 9 months short of term
Updated : 7 years, 3 months ago IST
Mumbai, Dec 10, (ANI): RBI Governor Urjit Patel resigned on Monday, weeks after differences between the central bank and the government regarding its “independence” became public.
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SC rejects petition against Jaitley, fines lawyer
Updated : 7 years, 3 months ago IST
New Delhi [India], Dec 7 (ANI): The Supreme Court on Friday rejected a Public Interest Litigation (PIL) raising allegations against Finance Minister Arun Jaitley relating to the capital reserve of the Reserve Bank of India (RBI).
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Urjit Patel avoids questions about RBI-Centre rift
Updated : 7 years, 3 months ago IST
Mumbai (Maharashtra) [India], Dec 5 (ANI): Reserve Bank of India (RBI) Governor Urjit Patel on Wednesday refused to take any questions about the central bank's alleged rift with the Union government, including the invocation of Section 7 of the RBI Act earlier this year.
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RBI decision to not change repo rate 'pragmatic surprise': SBI Chairman
Updated : 7 years, 3 months ago IST
Mumbai (Maharashtra), [India], Dec 5 (ANI): SBI Chairman Rajnish Kumar on Wednesday termed the Reserve Bank of India's (RBI) decision to keep the repo rate unchanged as "a pleasant and surprise" move.
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Inflation to stay at 2.7-3.2 pc in H2 of 2018-19, says RBI
Updated : 7 years, 3 months ago IST
Mumbai (Maharashtra), [India], Dec 5 (ANI): Assuming a normal monsoon in 2019, the Reserve Bank of India (RBI) on Wednesday said that inflation is likely to stay in the range of "2.7-3.2 per cent in H2 of 2018-19 and 3.8-4.2 per cent in H1 of 2019-20, with risks tilted to the upside."
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