Prime Minister Narendra Modi may have shown commitment to quickly conclude the discussion around Regional Comprehensive Economic Partnership, or RCEP, but this partnership agreement can derail his yet to take off Make in India programme.

The meeting bears significance as both the RBI and the PMO are at loggerheads on various issues, including the surplus size of cash reserves and the autonomy of the RBI.

Overall exports in September contracted by 2.15 per cent to $27.95 billion primarily due to high base effect last year, but healthy order books indicate better export growth in coming months.

The government nominee directors and a few independent directors could raise the issue of interim dividend along with the capital framework of RBI during the upcoming board meeting.

RBI has paid over Rs 50,000 crore every year with the exception of demonetisation year, when its income fell and expenditures rose because of printing of notes etc.

Government's fiscal math is completely on track and there is no proposal to ask RBI to transfer Rs 3.6 or 1 lakh crore, as speculated, says Economic Affairs Secretary Subhash Chandra Garg