Kaushik Basu, whose stint at the World Bank ends on July 31, was being looked at as a serious contender, the sources said
Modi will also need to reconcile market demands with those from forces within his own administration
Rajan was expected to join the search committee to appoint three external members of a new six-member RBI Monetary Policy Committee
While he has plenty of critics at home, Rajan is a favourite among foreign investors and has been credited for bringing inflation under control.
Even before Prime Minister Narendra Modi swept to power in 2014, Subramanian Swamy was agitating for Rajan's removal.
Raghuram Rajan joked he wasn't expecting to win any votes or Facebook 'likes' in the position.
The six AP-1000 reactors would be built in Andhra Pradesh.
Apple is also expected to announce plans for a startup accelerator in India to work more closely with the Indian developer community that works on the company's iOS and OS X software platforms
Many of the jobs will now be offshored to lower income countries such as India, China and Poland
Cook's visit, following a trip to China, comes at a crucial time as Apple looks for new growth markets after posting its first ever decline in iPhone sales
While many promises remain unrealised, power reforms and the creation of tens of millions of new bank accounts have helped Modi maintain his popularity
Monsanto has taken the government to court over the royalty.
Back- and middle-office positions that support trading functions and provide technology services will be cut
Most of the extra spending in the Budget is in fact an accounting entry that shifts the cost of an interest subsidy to the agriculture Budget that was previously borne by the finance ministry
Prime Minister Narendra Modi's landslide election in 2014 raised hopes he would draw a line under India's socialist past, cut welfare and reduce the government's role in business.
Modi denies the charges and was exonerated in an Indian Supreme Court inquiry in 2012.
As Modi completes a year in office, his cuts in federal welfare spending on the poorest of India's 1.25 bn people are coming in for sharp criticism.
Drunk driving can attract a fine up to Rs 50,000.
British India Corporation employs about 1,800 people
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