Amid reports of its mounting tension with the RBI, the Finance Ministry Wednesday said the government has "nurtured and respected" autonomy of the central bank and has been holding extensive consultations with it on many issues.

Information disclosed in response to an RTI request made by The Wire has confirmed that former Reserve Bank of India governor Raghuram Rajan indeed notified Narendra Modi of the need to probe key defaulters as early as eight months into his prime ministerial tenure – advice that the government failed to act upon.

CBI Additional SP S S Gurm alleged in the Delhi High Court on Wednesday that Special Director Rakesh Asthana, who has filed a petition seeking the quashing of an FIR against him in a bribery case, was misleading the court by placing "selective" facts before it.

A policeman who was critically injured in Tuesday's Maoist attack in Chhattisgarh's Dantewada district died in a private hospital here Wednesday, police said.

Former Union minister M J Akbar on Wednesday appeared before a Delhi court to record his statement in a criminal defamation case filed by him against journalist Priya Ramani.

A personal security officer of Kerala Irrigation minister Mathew T Thomas, allegedly shot himself to death, using his service revolver early Wednesday, police said.

Slamming the government for reportedly referring to a never-used clause of the RBI Act directing the central bank to implement its wishes, former Union finance minister P Chidambaram on Wednesday alleged that the BJP dispensation is "hiding facts" about the economy and is desperate.

 Reserve Bank of India Governor Urjit Patel may consider resigning from his post given a breakdown in relations with the government, TV channels reported on Wednesday, sparking a sell-off in the rupee and bonds. Television channels CNBC-TV18 and ET Now cited sources as saying that Patel could quit. The RBI and the finance ministry declined to comment. The government has invoked never-before-used powers under the RBI Act that allow it to issue directions to the central bank governor on matters of public interest, the Economic Times newspaper reported.