The inflation target could be tweaked to accommodate the government's higher borrowing plan of Rs 12 lakh crore in 2021-22

Misdirected stimulus that relies heavily on liquidity infusion when demand is depressed and incentivising loan defaults by routinely writing off NPAs threaten financial stability and economic recovery

Most governments across the world incentivise debts to drive business even when it leads to over-borrowing, economic instability, tax evasion and adversely impacts investment in public goods. In contrast, equity-driven business has none of these ill-effects, produces better economic outcomes too

Acharya's comments came amid rising clamour for further rate cuts to help boost the economic recovery, even as headline inflation breached the 6 per cent level in June

With Twitter emerging as a key platform for information dissemination, many central banks are active on Twitter, especially in these times of economic uncertainties amid the coronavirus pandemic

The fresh call comes just months after the RBI approved a Rs 1,76,000 crore dividend payment to the federal government, including Rs 1,48,000 crore for the current fiscal year

The government is clueless on the economy, it is stubborn and mulish in defending catastrophic mistakes like demonetisation, flawed GST, tax terrorism, says the former Union minister

RBI on August 7, had cut benchmark repurchase and reverse repurchase rates by an unconventional 35 bps, slightly higher than market expectations of a 25 bps cut

Two high-profile RBI exits - Urjit Patel and Viral Acharya - have again opened the debate on the central bank's independence

Arun Jaitley's absence will be conspicuous for his unique hydra-headed multi-tasking. Modi's unabashed supporter, opposition basher and principle trouble-shooter will be sorely missed until his return

The new rates linked the external benchmark rate of the repo rate, will be effective May 1; but the move will not benefit all its depositors as the new rate is applicable only to those with a balance of over Rs 1 lakh in their accounts.

The new RBI governor seems to be accommodative but the real test will come later.

The meeting, attended by heads of Punjab National Bank, Bank of Baroda, Bank of India, Bank of India, ICICI Bank, Kotak Mahindra Bank and IDFC First Bank, focused only on effective transmission of monetary policy.

With Budget 2019 done and dusted, all eyes now rest on the central bank as to how it will react on Budget announcements in its policy review. Piyush Goyal is scheduled to address customary post Budget meeting with RBI board on February 9.