Time has come to review monetary policy objectives: RBI deputy governor Michael Patra

Time has come to review monetary policy objectives: RBI deputy governor Michael Patra

Monetary policy on its own cannot influence economic growth but can only support it by creating congenial factors, Reserve Bank of India (RBI) deputy governor Michael Patra said Thursday. Formulating monetary policy has become more challenging in the current environment because of data lags and also frequent reviews, Patra said. “On the basis of data … Read more

Farooq Abdullah tried to justify China’s expansionist thought: BJP leader Sambit Patra

Farooq Abdullah tried to justify China’s expansionist thought: BJP leader Sambit Patra

A day after ex-Jammu and Kashmir chief minister Farooq Abdullah held the Centre’s decision to abrogate Article 370 responsible for the Chinese aggression at the Line of Actual Control (LAC) in Ladakh, BJP leader Sambit Patra launched a scathing attack at the former CM and said he tried to “justify China’s expansionist thought”. Speaking exclusively … Read more