RBI Governor Raghuram Rajan on Friday pitched for incentivisation of domestic savings to boost investments in the country.
"I am an academic and I have always made it clear that my ultimate home is in the realm of ideas," Rajan said in a letter to staff.
RBI Governor Raghuram Rajan on Friday said keeping inflation low is the key task for sustainable economic growth of the country.
Reserve Bank Governor Raghuram Rajan on Friday said banking sector will see major changes in the coming years.
While he has plenty of critics at home, Rajan is a favourite among foreign investors and has been credited for bringing inflation under control.
The premiere of the Netflix movie saw a full house, as Bollywood's A-listers came down to launch the careers of Suhana Khan, Khushi Kapoor and Agastya Nanda.
Rajan said the central bank has used up all its "space available" to cut interest rates
Rajeev Srinivasan tells how he came very close to being another number in the 'disappeareds' during the Emergency.
In the past, there have been instances of people getting fake e-mails in the name of RBI.
'There are lots of low hanging fruits and often no real impediment to plucking them.'
The State Bank of Travancore has suspended 'Raghav Rajan', the probationary officer working with them and said to be Bitti Mohanty, convicted in the 2006 German woman rape case and now in police custody seven years after he jumped parole.
Raghuram Rajan becomes the 23rd governor of Reserve Bank of India.
Finance Minister Arun Jaitley said RBI and the government are in continuous dialogue and that relationship will continue.
In the global context, the country "stands out" in terms of relatively stronger growth and improved economic fundamentals, Raghuram Rajan said.
Rajan also said it's a problem of collective action and not a problem of industrial nations or emerging markets
Rajan has been facing continuous attacks by Bharatiya Janata Party MP Subramanian Swamy and some other sections, who have alleged that he has failed to lower interest rates and boost the economy
Maharashtra Chief Minister Devendra Fadnavis on Monday said the decision to hand over all the cases against underworld don Chhota Rajan to the Central Bureau of Investigation was taken on the advice of Mumbai police, and dismissed suggestion that it was because of his allegation about a nexus between some police officers and rival gangster Dawood Ibrahim.
The underworld don has written a letter to the Indian consulate speaking of a threat to his life in the Bali prison.
The solution to this problem lies only in making the system more efficient, he said.
RBI governor is seen succeeding International Monetary Fund (IMF) chief executive officer, Christine Lagarde, next year.
Indian bond yields fell on Friday after Rajan's remarks, showing the level of concern about high inflation and investors' anticipation that the RBI will continue efforts to stabilise the economy.
Former Reserve Bank of India (RBI) Governor Raghuram Rajan says the government should take advantage of the peaks in the Indian equity markets right now and sell stakes in PSUs while prioritising spending to get the economy back on track. The upcoming Budget for the fiscal year beginning April 1 should look to provide "relief to the poorer households and small and medium enterprises," he said. And then move on to getting the economy back on track.
Underworld don Chhota Rajan was on Saturday sent to Central Bureau of Investigation custody by a court, a day after he was brought from Indonesian city of Bali.
Rajan addressed a group of investors in Boston on Thursday.
The rupee has fallen more than 2 per cent against the dollar since the yuan devaluation
Flagging the issue of lack of enough economists in the country, Reserve Bank India (RBI) Governor Raghuram Rajan has said the inability to get quality talent may be hurting policy making.
The rank of COO is the latest in a series of decisions that met with internal resistance at Mint Road and now North Block.
Rajan, who has also served as chief economist at the International Monetary Fund (IMF), said he had no idea what statistics are pointing at currently and "a revamp" was needed "to really figure out what India's true growth rate is".
Former England and Tottenham Hotspur defender Ledley King on Tuesday said though Indian football has progressed extensively in the last few years, the country needed to spread the sport more effectively at the grassroots.
'We have 100,000 students going abroad every year.' 'So, we have room for at least 100 universities of very high quality to service those 100,000 students.'
Rahul Gandhi hailed the RBI Governor for steering the Indian economy in "difficult times"
Stocks and rupee on Monday took an early morning plunge but soon recouped their losses.
Rajan was speaking in Hyderabad at an interactive session at National Institute of Rural Development and Panchayati Raj.
For India, Fitch Ratings has 'BBB-' rating.
The Governor said RBI does not limit itself too much when there is uncertainty.
An Indian police team on Monday for the first time questioned underworld don Chhota Rajan and officials believe that he could be deported to India in the next two-three days.
Rajan announced a status-quo on interest rates.
The central bank gave 11 entities licences to start payments banks.
Rajan has a great track record abroad.