Declaring that he will uphold the "autonomy, integrity and credibility" of the RBI, newly-appointed Governor Shaktikanta Das said on Wednesday that the government is responsible for running the country and the central bank is also accountable. ....

Former Economic Affairs Secretary Shaktikanta Das on Wednesday assumed charge as RBI Governor after Urjit Patel abruptly resigned from the post amidst a tiff with the government on the central bank's autonomy. ....

The government on Tuesday appointed Shaktikanta Das, who as Economic Affairs Secretary steered the monetary situation post-demonetisation, as the new RBI Governor, a day after Urjit Patel resigned amidst a tiff with the government on the RBI's autonomy. ....

The government on Friday appointed Hyderabad-based Indian School of Business (ISB) Associate Professor Krishnamurthy Subramanian as the Chief Economic Adviser (CEA) in the Finance Ministry for a period of three years. ....

In its penultimate monetary policy review of the current fiscal, the Reserve Bank of India (RBI) on Wednesday kept its key lending rate for commercial banks unchanged at 6.5 per cent for the second time in succession. ....

Absconding liquor baron Vijay Mallya, wanted in a Rs 9,000 crore bank loan default case, on Wednesday offered to pay back "100 per cent of the principal amount" as speculations over his extradition were raised after AgustaWestland middleman Christian Michel was brought here for interrogation. ....

Prime Minister Narendra Modi stressed on cooperation among G20 countries on issues related to global economy, trade tensions, crude oil prices and terrorism and fugitive economic offenders, India's G20 sherpa has said. ....

Fugitive diamantaire Nirav Modi, who is wanted by several probe agencies in India in connection with a Rs 13,500 crore PNB fraud case, said that he will not return to India as he "fears for his life". ....

The Narendra Modi-led central government has failed to deliver on its promise of a double-digit growth in the last four years and it will not manage it even in the remaining six months of its term, Former Finance Minister P. Chidambaram said on Saturday. ....

Yielding to the liquidity concerns raised by the government, the Reserve Bank of India (RBI) on Tuesday said it will "inject durable liquidity" of Rs 40,000 crore through open market operations (OMOs) in December. ....