Modi government expects cargo traffic at its ports to jump by two-thirds by 2021 as India ramps up exports of goods including cars and other machinery.
Kaushik Basu, whose stint at the World Bank ends on July 31, was being looked at as a serious contender, the sources said
Here is some background on the candidates seen as potential successors to Rajan at the RBI
Rajan was expected to join the search committee to appoint three external members of a new six-member RBI Monetary Policy Committee
Government will start to auction the rights to up to 70 diamond and gold exploration zones to mining companies this year
The six AP-1000 reactors would be built in Andhra Pradesh.
Mergers to create at most six state banks
Labour unions, with a history of hostility towards management, are pushing back on Coal India's plans, fearing modernization and outsourcing will hit jobs.
Karnataka and Andhra Pradesh in the south, and Rajasthan and Gujarat in the west, are the country's top producers of limestone
From parity in 1980, China's economy has outgrown India's fivefold to $10 trillion
The RBI cut the rate several times last year to reduce it by 125 basis points to the current 6.75 percent.
India should not loosen its fiscal deficit targets in the forthcoming budget, Prime Minister Narendra Modi's top economic adviser Arvind Panagariya said.
The contract would give a big boost to India's $150 billion nuclear power programme, and a broader push to curb greenhouse gas emissions.
India plans to double coal production by 2020
Critics say the programme, launched 10 months ago in India in collaboration with operator Reliance Communications, violates principles of net neutrality
'It is quite natural for our farmers to go for rice and cane when both power and water are almost free.'
The tax would create a single market in India for the first time.
India will also launch a sovereign gold bond to lower physical demand.
Rising tensions over eating beef in Hindu-majority India are starting to hit the multi-billion dollar buffalo meat trade.