Former Union finance minister P Chidambaram alleged the BJP-led Centre thinks that it owns the Reserve Bank of India and does not understand the independence of the central bank, while asserting that the Union government is only after "hoard of cash" and "pot of gold". Addressing the...

The Interpol issued a Red Corner Notice (RCN) against diamond merchant Mehul Choksi, six months after the CBI sent a request to the international organisation in connection with the Punjab National Bank fraud case. “The Interpol has issued a Red Corner Notice against Mehul Choksi on...

The new Governor of RBI, former bureaucrat Shaktikanta Das said that he would do everything possible to uphold the autonomy, credibility and integrity of RBI as a “great institution”. On maintaining the RBI’s autonomy, Das said, “I will ensure that it is intact. The RBI is a...

The Congress’s win in three heartland states ruled by the BJP is a victory against the ruling party’s negative politics, UPA chairperson Sonia Gandhi said on Wednesday. “I am happy with 3-0 score line... It is a victory against BJP’s negative politics,” Sonia Gandhi told reporters...

Citing personal reasons, Urjit Patel has resigned as the Reserve Bank of India. His resignation came against the backdrop of increasing tensions between the Finance ministry and the Reserve Bank of India. Urjit Patel, who took over as the 24th Governor of the central bank on September...