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Manoj Kumar

RPT-Modi government, Indian central bank set for uneasy truce -sources

1:00am GMT

* Indian government, RBI trying to avoid blow-up at board meeting

Modi government, Indian central bank set for uneasy truce: sources

14 Nov 2018

NEW DELHI/MUMBAI India's government and its central bank are getting close to ironing out some of their policy differences, said two sources familiar with the discussions, as they seek to defuse worsening tensions that had threatened to unnerve investors.

Modi government, Indian central bank set for uneasy truce -sources

14 Nov 2018

* Indian government, RBI trying to avoid blow-up at board meeting

Retail inflation rate drops, giving RBI breathing space

13 Nov 2018

NEW DELHI India’s retail inflation rate dropped sharply in October, giving the central bank leeway to allow easier lending policies, but plunging farm prices sent a stark warning to Prime Minister Narendra Modi about the challenges he faces in rural areas in next year’s general election.

Indian government set to turn up heat on central bank governor-sources

07 Nov 2018

NEW DELHI/MUMBAI The Indian government intends to keep pressing demands for the country's central bank to relax lending curbs and hand over surplus reserves even if it risks provoking a resignation by the bank's governor, three sources familiar with the government's thinking told Reuters.

Indian government set to turn up heat on central bank governor-sources

06 Nov 2018

* Government supporters to press RBI at board meeting on Nov. 19

India govt says some shadow lenders face liquidity stress, puts pressure on RBI to ease

05 Nov 2018

NEW DELHI A top Indian government official on Monday said the nation's non-banking housing finance companies were facing liquidity stress, in comments that are likely to put more pressure on the Indian central bank to ease its policy towards the sector.

India's Modi unveils aid for small businesses as elections near

02 Nov 2018

NEW DELHI India's Prime Minister Narendra Modi on Friday unveiled a dozen measures to support small- and medium-sized businesses, as he aims to woo a large voting bloc ahead of a national election next year.

Why India's Modi wants to increase control over the central bank

02 Nov 2018

MUMBAI/NEW DELHI An incendiary speech by a top Reserve Bank of India (RBI) official last Friday blew the lid off an increasingly toxic dispute between the central bank and the government of Prime Minister Narendra Modi over monetary policy and who controls the institution's reserves.

RPT-EXCLUSIVE-RBI head should work with Indian gov't or quit, says official at key Hindu group RSS

01 Nov 2018

NEW DELHI, Oct 31 The governor of India's central bank should work in sync with the nation's government to support economic growth or he should resign, said the head of the economic wing of the Hindu nationalist group that is the fountainhead of Prime Minister Narendra Modi's ruling party.

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