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The emblem had to symbolise this: the fact that the Reserve Bank of India was governmental, but at the same time a separate entity with a specific task.
The Mistry camp had challenged the July 9 order of the Mumbai bench of the NCLT which dismissed the pleas against his removal as Tata Sons chairman, as also the allegations of rampant misconduct
A whistleblower had last month approached Sebi with a document alleging various irregularities by the company, its promoter Dilip Shanghvi and others.
The Indian Commercial Pilots Association also claimed the loss-making carrier had only partially paid the pilots for October as they were yet to receive the flying allowance, which constitutes 80
The European Union, citing the possible impact on competition, launched an in-depth investigation earlier this year into the merger of the rail activities at Alstom, the state-controlled maker of
The former bureaucrat, who took over the reins, also said he will take measures which the economy requires in a timely manner and as the first step, will meet the heads of public sector banks.
The consumer price index (CPI) based retail inflation in October was revised upwards to 3.38 per cent from 3.31 earlier, the Central Statistics Office said
The BSE Sensex closed with a 629-point gain, at 35,779 points and the NSE Nifty closed with a 188-point gain, at 10,737 points.
What is going to be key is whether this (restoring financial system agenda) is maintained going forward. That is going to be the yardstick to measure what is happening on the bigger institutional
Increased government influence on the central bank could undermine progress, the rating agency said.
Shaktikanta Dass educational qualifications are the talk of the Internet.
Despite all the qualifications and seeming closeness with the powers that be, will it be easy for the new RBI Governor to fit into his predecessor Urjit Patels shoes? Perhaps not.
At the Interbank Foreign Exchange, the rupee opened weak at 72.10 against the US dollar, then depreciated further to 72.17, showing a decline of 32 paise over its previous closing.
The 30-share index was trading higher by 324.94 points, or 0.92 per cent, at 35,474.95. All the sectoral indices, led by banking, auto, and consumer durables stocks were trading in the positive z
The weeklong campaign, which is expected to include indictments of hackers, stems from concern within the administration that Beijing will not easily change its trade, cyber and economic practice
The Sensex is down 404 points at 34639.58, while the Nifty is lower by 78.30 points at 10410.65.
Surjit Bhalla took to Twitter to share the news about his resignation. He wrote: I resigned as part-time member of PMEAC on December 1.
Exit polls indicate a tight race between BJP and Congress in Madhya Pradesh and Chhattisgarh while they give the Congress an edge in Rajasthan.
In a statement, Urjit Patel said it was a privilege and honour to serve the central bank and expressed his gratitude to his colleagues and directors of the RBI central board.
Patel, who completed two years at the helm, had faced several storms in the early days.