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Tuesday, October 30, 2018

Will govt invoke Sec 7 for 1st time if RBI logjam persists?

Section 7 of RBI Act says, “The Central Government may from time to time give such directions to the Bank as it may, after consultation with the Governor of the Bank, consider necessary in the public interest.”

from Times of India https://ift.tt/2RqRJV8

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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 ...