In the past few days, we came across rumours of Reserve Bank of India (RBI) Urjit Patel set to resign if the government kept ordering the RBI about — the Centre is empowered to do so under Section 7 of the RBI Act. Indeed, thanks to an ill-informed media, this section has now come to be loathed, just as Article 352 of the Constitution which allows the imposition of an emergency.
TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST RS 249 A MONTH.
Already a premium subscriber? LOGIN NOW
What you get on Business Standard Premium?
- Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
- Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
- Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
- Pick your 5 favourite companies, get a daily email with all news updates on them.
- 26 years of website archives.
- Preferential invites to Business Standard events.
Subscribe to Business Standard Premium
Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!
First Published: Thu, November 01 2018. 12:05 IST