RBI Gov Shakti Das does a U turn

Since the government no longer leaks information to the press on what is about to happen, it is tough to figure out whether the unanimous decision to hold the repo rate (the bank rate) at 5.15 per cent by the Monetary Policy Committee (MPC) on December 6 has the Union government’s blessings. Maybe this is […]

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Das – the new Raja of Mint Street

Babus are hugely upset, understandably so, at the less than laudatory media coverage of Shaktikanta Das, an IAS officer of the Tamil Nadu cadre who had retired as secretary, economic affairs, in the finance ministry and was appointed the 25th governor of the Reserve Bank of India last week. The first two governors of the […]

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