On Aug 11, the Chinese central bank surprised markets by devaluing the yuan by nearly 2 per cent.
Roundup for Ranji Trophy matches played on Friday
Special CBI Judge Vinod Kumar passed the order after Rajan, produced before the court via video conferencing, pleaded not guilty and claimed trial.
Rajan said RBI should pay as much dividend as possible to the government, which over the past two years has run into billions of dollars
The taxpayers and honest borrowers suffer when a big entity defaults.
The single most important issue in Public Sector Banks is corruption.
The industrial output for the third month in a row remained in the negative territory, contracting 1.5% in January
Head of central banks from various countries get into a 'Basel huddle' every second month at Basel at the headquarters of the Bank for International Settlement.
Head of state-run Indian Bank T M Bhasin had called for a CRR cut.
RBI has, since January, cut its policy rate four times.
Raghuram Rajan, who has been pilloried by his critics for keeping interest rates high and has also been accused of stifling growth.
The mismatch between industrialists' demand and account holders is because of inflation, Rajan said.
Rajan's first few measures include swap window facility for banks to lure in NRI funds.
The ones who came more recently were clutching the green cards that gave them an escape hatch through which to return to green pastures: Arvind Panagariya, Raghuram Rajan, Arvind Subramanian and other perfectly honourable gentlemen like them, points out T N Ninan.
He was responding to a question on economic reforms in the country.
India needed more specialists within government
Dey, a veteran crime reporter, had planned a book, titled 'Chindi -- Rags to Riches', wherein he was going to write the stories of 20 gangsters with humble origins.
The CBI sources said the agency has charged them with criminal conspiracy, cheating, forgery and under Provisions of Prevention of Corruption Act in the chargesheet.
'The RBI risks becoming dangerously weakened, as successive governments and finance ministers have misunderstood its role'.
Rajan is an acknowledged academic, author and intellectual. He spoke on issues which are in the public domain, said Chidambaram
Raghuram Rajan optimistic about passage of GST
Indian economy has good fundamentals and sizeable foreign reserves, RBI Governor Raghuram rajan said.
Thackeray, along with top leaders of the Sena-UBT, went to Mumbra here to visit the razed shakha but had to face resistance from workers of the CM's Shiv Sena, who also showed black flags.
Giving details of Rajan's 'course schedule' for 2016-17, Chicago Booth School said this course will explore the challenges of corporate finance and investment in a more integrated global economy.
This compares with China at over $10 trillion and India $2 trillion.
Vora and Paulson Joseph were acquitted due to lack of evidence.
After opting for status quo in policy rates, Reserve Bank Governor Raghuram Rajan on Tuesday said any more cut will depend on further transmission of previous rate cuts by banks, softening in inflation and progress of monsoon.
RBI Governor Raghuram Rajan wanted to improve training for staff, through initiatives such as sending them to other central banks for short stints.
Rajan has already warned he does not have a 'magic wand' to deal with India's economic crisis.
Security agencies have decided to bring arrested gangster Chhota Rajan to New Delhi with the Central Bureau of Investigation keeping him in custody for initial period before any other police force is allowed to take him for their respective investigations.
India's chief economic adviser, Raghuram Rajan has been appointed as the governor of the Reserve Bank of India.
He warned low interest rates globally could distort markets and would be difficult to abandon
Raghuram Rajan, said, the scourge of loan losses "had a tendency to increase, get too big to ignore, too late to manage, and push the system into crisis".
Rajan encouraged the Indian-American business community to get involved in the 'nitty gritty of the implementation process,' saying such involvement was not difficult especially since the Indian government has the political will to reform.
'In the next 15-20 years, India will have at least 50 new (AI-driven) billion-dollar companies that are going to solve problems for the largest companies around the world.'
Ranbir and Shraddha's playful chemistry is to watch out for in Luv Rajan's rom-com, predicts Namrata Thakker.
Rediff.com takes its readers through the various moods of Raghuram Rajan.
RBI Governor cautioned against more volatility.
The three years at the Reserve Bank have mostly been a string of success stories for Rajan, gaining him common man's adulation even as the free-thinker in him made a few foes who matter more in the corridors of power
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