Union Telecom Minister Kapil Sibal, Thursday said that then finance minister P Chidambaram and finance secretary D Subbarao had no role in the 2G case.
The Reserve Bank of India on Thursday allyed concerns about capital inflows building an asset bubble and said it is keeping a vigil on these.
The RBI Governor on Tuesday said India is confronted with an upturn in inflation and the challenge for the bank is to support the recovery process without compromising on price stability.
Ahead of its second monetary policy review that is on October 27, Reserve Bank Governor D Subbarao on Monday disscussed with bankers credit growth, interest rate hikes and inflation.
Poor monsoon is a matter of concern and could affect food prices, but the time is not ripe for the Reserve Bank to act, its Governor D Subbarao said
Setting at rest fears that the global
crisis could derail India`s financial sector reforms, Reserve
Bank Governor D Subbarao on Tuesday said the roadmap is being
recalibrated but there was no slowing down the process.
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