After making a larger-than-expected cut of 50 basis points on September 29, Rajan urged the federal government to do its bit to accelerate growth through structural reforms.
Will Prime Minister Modi start a conversation on the need for people to limit the size of their families, asks Colonel Anil A Athale (retd) on the occasion of World Population Day, July 11.
Both the government and RBI have to complement each other if the economy has to revive quickly.
The lawmakers seem as uninterested as those who use the railways.
The previous highest divestment proceeds for the first half of a year was around Rs 21,000 crore in 2016-17.
In a soon to be published book, 'Of Counsel: The Challenges of the Modi-Jaitley Economy,' former chief economic advisor Arvind Subramanian says though RBI has a good reputation, it does not mean it's always right, as for years, the RBI was unable to grasp the seriousness of the loan repayment problems or identify the prolonged frauds of Nirav Modi and the likes.
Rains have been 5% below normal so far, but Met department sticks to its forecast
As the MPC is mandated to target CPI inflation rate at 4 plus minus 2 per cent, any measurement error in CPI is likely to have grave consequences for monetary policy.
The unknown architect of Balrampur Chini, Meenakshi Saraogi's biggest achievement lay in inspiring farmers to grow more cane.
Is the Delhi chief minister trying to force the Congress to withdraw support to his government, asks Renu Mittal.
Thousands of students took to the streets demanding justice for Dalit scholar Rohith Vemula and protesting the Jawaharlal Nehru University crisis.
The second phase of the odd-even vehicle scheme will be implemented in Delhi from April 15 to 30 and women, VIPs and two-wheelers will remain exempted from restrictions, Chief Minister Arvind Kejriwal announced on Thursday.
The station with the most annual revenue is CST Mumbai, followed by Dadar.
There are about 400 unused airports and airstrips across the country.
The rain water level may be receding in the city bringing relief to people but it is leaving a huge trail of mess, prompting the Chennai Municipal Corporation to launch a mass cleanliness drive for all its 200 wards on Sunday, for which some of the civic bodies from the neighbouring districts have also lend a helping hand to.
Domestic tyre demand is seen to grow by 7-9 per cent over the next five years.
'Is it time to think beyond the traditional questionnaire-based approach in India?' asks Atanu Biswas.
'If you don't have a strong political leadership, however much expertise a country may have, in pandemic preparedness or infectious disease, will not matter.' 'It's really about having strong political leadership, that is proactive, that prioritises taking the right action.' 'And if you don't have that, then you will have a much worse pandemic experience.'
'I try to say to myself, 'Don't cry in front of people'. But sometimes I can't help it.'
A cut in rates would have encouraged the banks to lend aggressively on the retail front.
The move is prompted by the disruption in the car usage pattern caused by the app-based ride-hailing companies such Ola and Uber
Now, that's how desperately Prime Minister Narendra Modi wants to win Bihar. M I Khan reports from Patna
SBI chairman Rajnish Kumar said Naresh Goyal would be eligible to bid for the airline when the lenders auction it next month.
Recalibrating data of past years using 2011-12 as the base year instead of 2004-05, the Central Statistics Office estimated that India's GDP grew by 8.5% in the financial year 2010-11 and not at 10.3% as previously estimated.
Money will be earmarked for the social sector - especially rural districts that house three-fifths of voters
The charges against JNU PhD scholar Umar Khalid are shrouded in a lot of "fabrications and lies" and the episode has "taken away" all sense of normalcy and sanity from the lives of his family members, his sister said on Friday calling him a "true son" of India.
In a stinging letter, the three wrote, 'We cannot be mouthpiece of such a government which has unleashed oppression on student community'.
The liquidator said the properties are being sold under two distinct phases over a period of two days
'Parading French troops alongside Indian military personnel, says Rajeev Sharma, turns India's non-alignment policy on its head!'
'This confrontation could have been avoided by a less arrogant administration that initially listened, used whatever negotiating skills they had and tried to be more credible,' observes Ramesh Menon.
Here's a glimpse of all that happened around the world last week, in 10 images.
A Delhi court said it would pass on June 29 its order on framing of charges in IPL-6 spot fixing scandal case in which suspended cricketers S Sreesanth, Ajit Chandila, Ankeet Chavan and others, including underworld don Dawood Ibrahim and his aide Chhota Shakeel, are accused.
Prasanna D Zore/Rediff.com reports on the chaos facing taxpayers with the income tax department making changes to ITR 2 and 3 forms just before tax-filing deadline.
Announcing the start of day-time domestic commercial operations, the Airports Authority of India said on Saturday night that decision on night operations would be taken on Sunday.
Lei Jun, founder and CEO of Xiaomi, in an internal letter on Wednesday, announced that the company has sold one million smartphones in the first 18 days of this month in India, state-run China Daily reported.
'What proportion of the people require the vaccine for us to manage this entire COVID-19 situation?'
'There is a group who want to internally damage the Congress and they may be hand in glove with the BJP.'
The nation on Friday remembered Mahatma Gandhi on his 146th birth anniversary.
Corrective measures are already being taken by fund managers - overall allocation to the IT firm has been pruned by 120 basis points, from 4.43 per cent in March to 3.24 per cent in July
The Saudi Arabian diplomat, who was charged with confinement and rape of two Nepalese women, on Wednesday night left the country.
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