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News digest: Govt-RBI rift eases, IL&FS seeks capital infusion and more

Patel calls board meeting on Nov 19; govt lays stress on central bank autonomy

Narendra Modi, Arun Jaitley, Urjit Patel
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(From left to right) Prime Minister Narendra Modi, Finance Minister Arun Jaitley and RBI Governor Urjit Patel

BS Web Team
Centre, RBI see eye to eye in ‘public interest’ 
 
After a high-pitched spat over last week, the Reserve Bank of India (RBI) and the government on Wednesday seemed to agree to continue discussions to resolve their recent disagreements — in “public interest”. Read more

India jumps 23 places in World Bank rankings 

India jumped 23 places to 77 in the World Bank’s ease of doing business global rankings for 2019, becoming the top-ranked country in South Asia for the first time. The country has moved 53 places up the rankings in the last two years. Read more


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