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Monday, October 29, 2018

RBI vs government: 10 flash points between Centre and central bank

Urjit Patel’s tenure started seemingly cordially, with the governor seen to be backing demonetisation within weeks of his appointment in September 2016. But ties soon soured over the issue of interest rates when the Monetary Policy Committee (MPC) led by him refused to meet chief economic adviser Arvind Subramanian ahead of a decision on rates.

from Times of India https://ift.tt/2qiuLE7

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BJP’s Rajya Sabha strength falls below 100; may rise soon

A month after touching the mark of 100 seats for the first time in Rajya Sabha, BJP’s numerical strength has come down to 95 as five of its ...