Reserve Bank of India Deputy Governor Subir Gokarn, who is in charge of monetary policy, usually speaks at academic institutions and RBI puts out a schedule of events at which the governor and deputy governors will participate in the forthcoming week. Of late, the schedule has started carrying a footnote that reads: “Dr Subir Gokarn’s speaking engagements in academic institutions are generally off-the-record.” This has raised eyebrows because earlier footnotes read: “...strictly off-the-record”. With Gokarn’s first term slated to end soon, it is worth wondering whether the difference between “generally” and “strictly” has any significance in terms of him getting an extension.
R P Singh, the former Comptroller and Auditor General (CAG) official, has been hogging the limelight for turning the heat on his former boss, ...
Even as margins might be hit in the first year, analysts remain bullish on the LLC acquisition deal
RBI's mere acknowledgement of the easing inflationary situation is sufficient to push up bond prices