The Reserve Bank of India (RBI) has taken a significant step toward strengthening its institutional governance by approving a comprehensive governance framework designed to enhance strategic planning, accountability, transparency, and risk oversight within the central bank. The decision was taken during a meeting of the RBI’s Central Board, reflecting the institution’s continued efforts to modernize...
One of India’s most influential business conglomerates, Tata Sons, has once again found itself at the center of a significant regulatory and corporate governance discussion. The debate revolves around whether the holding company of the Tata Group may eventually be required to launch an Initial Public Offering (IPO) and list its shares on stock exchanges...
A viral claim circulating across social media platforms has sparked widespread discussion about the future of India’s currency system, with many users alleging that the Reserve Bank of India (RBI) is preparing to replace traditional paper banknotes with plastic currency. However, a detailed fact-check has revealed that the claim is misleading and lacks official confirmation....
A viral claim suggesting that the Reserve Bank of India (RBI) sold gold worth nearly $12 billion to protect the country’s foreign exchange reserves has been officially rejected, with authorities clarifying that no such transaction took place. The clarification came after reports and social media posts sparked widespread speculation regarding the central bank’s gold holdings...
New Delhi: The government has approved the appointment of former Reserve Bank of India (RBI) Governor Urjit Patel as Executive Director (ED) at the International Monetary Fund (IMF) for a three-year term. He will succeed K V Subramanian, whose tenure was cut short by six months, effective April 30, 2025. The Appointments Committee of the...
Reserve Bank of India Governor Sanjay Malhotra stated on Wednesday that the increase in US tariffs is unlikely to significantly affect the Indian economy unless retaliatory tariffs are imposed. During a press conference following the monetary policy announcement, the RBI Governor remarked, “The ongoing uncertainty regarding US tariffs may not have a substantial impact on...