News for '-dr-y-v-reddy'

Inflation control no bar to growth

In short, if India Inc lives up to the expectations in the required measure of resilience, innovation, initiative, imagination and leadership, it can help harmonise the imperatives of growth with control of inflation.

Fake money: Security breached, admits RBI!

The Reserve Bank of India has admitted that security features introduced in the higher denomination notes in 2005 as an anti-counterfeiting measure have been breached!

Former RBI boss on global turbulence

The speeches that deserve the most attention are those that include one made in July 2004 in Mussoorie to a group of civil servants, titled 'India And The Global Economy', and one made in July 2008 in Manchester, titled Global Financial Turbulence and Financial Sector in India. And of course everything in between.

Stanford meet to discuss India's reforms

India's economic reforms are the subject of a three-day conference at the Stanford University in USA from June six, with several Indian experts being among the participants.

Inside RBI: small change, big returns

Cannot fault Rajan for various 'wrongs': Shourie

'Too many things happen in India... that is the root of the problem, not Raghuram Rajan'

Chat with the author who dared to expose the Sahara group!

The journalist-turned author will be available for a live chat on rediff.com on Friday, June 6, 3 pm.

Former governor slams govt for meddling in RBI affairs

'There is merit in keeping the central bank's balance sheet strong if the government's fiscal balance sheet is weak.'

Does India really need imported economists?

Today, with growth having slowed and macro-economic challenges in every direction, would the government have benefited from the advice of 'Harvard' economists? asks T N Ninan.

When an American professor worked at the RBI...

'We get to know secrets such as some of India's top-rated firms do not always make payments when due and many State-owned, listed, enterprises that borrow in bond markets default regularly.' 'Without naming the bank, he says that ever-greening of poor loans by a part of India's shadow banking lay at the doorstep of India's banking, notably 'one private bank'.' Viral Acharya's Quest for Restoring Financial Stability in India won't be music to many ears, observes Tamal Bandyopadhyay.

A rockstar in a sanskari world!

'Here, after all, was a fine specimen of intelligence in the field that Adam Smith gave formal structure. And successful RR surely was as RBI chief.'

'Without creating jobs and output, we are waiting for a disaster'

'We first need to acknowledge the truth.' 'We are trying to diminish the problem and say, everything is okay and green shoots are emerging.' 'Imagine you are a doctor and not getting accurate medical reports, how do you diagnose and treat the illness?' 'We are not dealing with a terminal illness here, we are dealing with BP and cholesterol, which are imminently curable.'

Coal scam: 'CBI is incapable of finding the truth'

'Officers have been made the scapegoat for political failure.' 'No effort has been made to find out who scuttled the prime minister's decision to introduce competitive bidding and why and at whose instance.'

DeMo: How much cash was deposited? 'Unprecedented challenge': Ex-RBI gov

'Normally, the system is geared towards counting notes -- it is equipped to do x amount of work and one day you are asking them to do 20 x.' 'The processes involved are very complex.'

Finally, a ray of hope for the Indian economy

The good news for us is that India's economy - and sentiment about it - is much better than it was a year ago, says Jamal Mecklai.

'Governors come and governors go'

'When there is no middle ground possible between the government and the governor, the governor has to go.'

Why Indian banks face a serious crisis

Fifty per cent of bank restructured assets were in infrastructure, steel, power and telecom sectors.

Viral Acharya needs a 'Bharat Darshan'

'Tilting at the Government in English in front of India may make him feel like Joan of Arc, but without a feel for Bharat he will merely be Don Quixote,' says S Muraleedharan, former managing director, BNP Paribas.

The only purpose note ban served

With GDP down by 2 per cent, while 99 per cent of banned notes make way back to the banking system, whom did demonetisation benefit?

Dr Patel, be a fox to Dr Rajan's lion and an Owl at all times

'It will be interesting to see how Dr Patel handles gadflies with the maturity of egregiously petulant three year olds.' 'That Dr Patel does not, in so far as we can tell, cause society matrons to gush like hormonal teenagers can only be a good thing for him.' 'Look where their febrile imaginations and breathless prose took his predecessor.'

'The next 15 to 20 years are India's decades'

'...Unless we muck up our policies.' 'We have to become a modernised economy.' 'Our institutions should be stronger. And that is most important.' 'The rule of law should prevail and contracts should be enforced.' 'Above all, we have to recognise the importance of globalisation.' 'It is in our favour at this stage. We should grow and become globally competitive.'

'Great risk to nations from undermining independence of central bank'

'The Reserve Bank's independence has remained a work in progress, an enduring challenge that the nation has been grappling with on an ongoing basis,' says RBI Deputy Governor Dr Viral Acharya.