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On October 15 while Delivering a lecture at the prestigious Columbia University's School of International and Public Affairs, Finance Minister Nirmala Sitharaman said that the Indian public sector banks had the "worst phase" under the combination of former Prime Minister Manmohan Singh and RBI Governor Raghuram Rajan. Dr. Manmohan Singh responded to this comment of Sithraman and said that this government should stop blaming the opponents and focus on solving the issue. “This government has now been in office for five years. It should have learnt from our mistakes and provided a credible solution for the economy. Watch The Video For More Updates.

Prime Minister Narendra Modi on Thursday (October 17) said that the remarks of every person, who ridiculed and stood against the decision of abrogation of Article 370 in Jammu and Kashmir, would be discussed in the future. Uttar Pradesh government, on Thursday (October 17), stated that chief minister Yogi Adityanath will grace the Deepotsav (a festival of lamps) celebrations on October 26 in Ayodhya, where more than 5.5 lakh earthen lamps will be lit a day ahead of Diwali. All this and more on MyNation in 100 seconds.
 

Union finance minister Nirmala Sitharaman's message to the industry reiterated India's commitment to transparent policy-making, implementing banking reforms in close collaboration with the RBI, creating liquidity flow, exploring ways to bring in private sector investments and deepening economic reforms.

The Indian rupee rose by 5 paise to 71.38 against the US dollar in early trade. The Indian rupee on Wednesday had closed at 71.43 against the US dollar.
 

At 10:15 am, the BSE S&P Sensex was up by 214 points at 38,321 while the Nifty 50 edged higher by 49 points to 11,363. At the National Stock Exchange, sectoral indices were mixed.       

The Union Cabinet has approved the proposal to infuse Rs 9,000 crore to extend IDBI’s capital base. The lender expects to exit the RBI's Prompt Corrective Action framework sometime next year.

In a bid to introduce the varnished banknotes of Rs 100, the Reserve Bank of India (RBI) has. The RBI, in its annual report for 2019, also said that it's note printing cost has come down marginally to Rs. 4,811 crore in FY19 from Rs. 4,912 crore in FY18
 

India’s ace shuttler PV Sindhu on Tuesday met Prime Minister Narendra Modi after winning gold at the BWF World Championships in Basel, Switzerland. The Delhi and District Cricket Association (DDCA) on Tuesday decided to rename the Feroz Shah Kotla Stadium as Arun Jaitley Stadium in the memory of its former president who passed away on Saturday. Watch MyNation in 100 seconds for the top headlines from across the country

Union finance minister Nirmala Sitharaman reacted to Congress leader Rahul Gandhi's comment about Centre availing a payout of Rs 1.76 lakh crore from the RBI and said that it reminds her of his comments of chor (thief) against the BJP during Lok Sabha election that had backfired

Finance minister Nirmala Sitharaman assured measures to ensure revival of economy, cheaper loans for home, vehicles and consumption goods. Banks to pass on RBI rate cut benefits to borrowers through MCLR reduction.
 

Every policymaker is concerned with growth as it is the highest priority, said Reserve Bank of India Governor Shaktikanta Das

Wing Commander Abhinandan Varthaman will be conferred with the Vir Chakra which is India's third-highest wartime medal. Watch MyNation in 100 seconds for the top headlines from across the country.

Prior to writing to the RBI Governor requesting for extension of moratorium on repayment of crop loans, Congress leader Rahul Gandhi on Monday visited flood-affected areas in Wayanad in Kerala, including worst-hit Puthumala, and assured residents of help.
 

The Gross Domestic Product (GDP) has been lowered marginally from 7% to 6.9% for the year 2019-20. The Reserve Bank of India has cut the repo rate by an unusual 0.35 percentage points to 5.40% in its third monetary policy review for the current financial year. Repo rate is the rate at which the RBI lends to banks.
 

The Reserve Bank of India has imposed fine on Allahabad Bank, Bank of Maharashtra, Bank of Baroda, Bank of India, Indian Overseas Bank, United Bank of India and Oriental Bank of Commerce Bank for violating norms on current account opening