BJP Rajasthan president Vasundhara Raje on Monday demanded apology from RBI Governor D Subbarao for his comment on the rise in food inflation.
Uttarakhand Chief Minister Vijay Bahuguna sought relaxation in RBI norms for opening of bank branches in the hilly areas of the state.
The Reserve Bank today said the timing of withdrawing the monetary and fiscal stimuli given to spur the economy poses a challenge to the government as well as the apex bank.
Reserve Bank Governor D Subbarao on Thursday said the ongoing global crisis has resulted in a massive breakdown of trust in the financial system and that the study of economics could lose its value base.
The outlook for farm output in India is a concern and price pressures could build up at some stage but it is too early to take action on inflation, the Reserve Bank chief said on Friday.
Day in Pics: 27th August
August 27, 2014
Bang Bang - Movie Stills and Promotion