Page 2 - Rbi Surplus Transfer

Analysts rule out big-bang stimulus spend by govt despite RBI windfall

Analysts say lacklustre tax collections and weak growth which is threatening the fiscal deficit target of 3.3 per cent of GDP are some of the reasons that will limit the government's spending power

Booster dose: Govt's package for realty sector, exports likely this week

The real estate industry, which has been in the doldrums for almost four years now, has been demanding regulatory and tax changes to shore up the demand and liquidity

Govt may utilise Rs 58,000 cr windfall from RBI to meet shortfall in taxes

If there is some money left to use for expenditure, it will be focused on capital spending in priority sectors such as roads (rural and highways), affordable housing and waterworks

No windfall

The govt's focus should be on wise use of RBI's one-time bonus

Govt yet to decide how to use funds, says FM Nirmala Sitharaman

Rahul accused Centre of stealing RBI's funds, Sitharaman, BJP hit back

Stimulus package helps rupee post biggest single-day gain in 5 months

The Reserve Bank's decision to transfer a record Rs 1.76 trillion dividend and surplus reserves to the government revived the rupee, forex traders said

Explained: What is the fuss all about in RBI's fund transfer to govt?

What is the fuss all about in the Reserve Bank of India's (RBI's) fund transfer to the government? Business Standard explains

RBI's fund transfer eases Centre's gross tax revenue growth target to 16%

The RBI's transfers would effectively add Rs 58,000 crore to the Centre's kitty in the current fiscal year

RBI's surplus transfer math

The release was on the basis of a change in the various methodologies and metrics

RBI transfer: FM protests Rahul's 'band aid for gunshot wound' barb

Rahul Gandhi accuses Centre of stealing from central bank, FM hits back

Don't pay heed: FM Sitharaman rejects Cong allegation on RBI fund transfer

Prime Minister Narendra Modi and Nirmal Sitharaman are clueless, says Rahul Gandhi.

On RBI, Congress asks Modi govt to learn from Argentina's experience

Reminds PM of the time the Latin American country's govt resorted to raiding the reserves of its central bank, and triggered a collapse of its economy

PM clueless on how to solve 'self-created economic disaster': Rahul Gandhi

Gandhi's reaction came after the RBI allowed the government to take Rs 1.76 trillion from its reserves to provide a fresh impetus to the economy

Jalan committee finalises report on RBI reserves; board meet on Aug 23

The Jalan committee report will not have the views of former finance and economic affairs secretary Subhash Chandra Garg

RBI's transfer of surplus to Centre rises by 63.08% to Rs 500 bn in FY18

The central bank transfers the surplus generated from its functions to the government at the end of each financial year