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News digest: RBI board meeting, Tata-Jet Airways deal, CBI vs CBI, and more

In a nine-hour meeting at the RBI headquarters, the central bank's board decided to constitute an expert committee to examine the economic capital framework (ECF) of the central bank

RBI Governor Urjit Patel. The meeting by the RBI board was to decide who calls the shots on important policy matters at the central bank in the future
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RBI Governor Urjit Patel. The meeting by the RBI board was to decide who calls the shots on important policy matters at the central bank in the future

BS Web Team New Delhi
Govt, RBI find middle path

The government and the Reserve Bank of India (RBI) seemed to have ironed out their differences for now, as both camps showed flexibility on a number of issues that were considered to be flashpoints between the two. Read more


Jet deal flies into rough winds with Tata bosses 

“No’’ is getting louder than “yes” in the Tata-Jet deal talks, sources close to the development said. Top representatives of the Tata group — the salt-to-software conglomerate — have red-flagged “reputational issues” of Naresh Goyal-led Jet Airways, from the time of inception of the airline, including sources