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.
Rajan addressed a group of investors in Boston on Thursday.
The rank of COO is the latest in a series of decisions that met with internal resistance at Mint Road and now North Block.
The rupee has fallen more than 2 per cent against the dollar since the yuan devaluation
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.
BJP workers depend on Annamalai's popularity to emerge victorious. He has has made 100 promises to be fulfilled in 500 days and assurances include cleaning up rivers, an international airport and food vans named after former Chief Minister K Kamaraj.
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.
A resurgent Royal Challengers Bengaluru will look for their fourth consecutive victory when they face an unpredictable Punjab Kings as the two sides fight for survival in the Indian Premier League, in Dharamsala on Thursday.
Rajan announced a status-quo on interest rates.
The central bank gave 11 entities licences to start payments banks.
Royal Challengers Bengaluru's fairytale resurgent run will be up against the might of five-time champions Chennai Super Kings and the weather gods when the two sides clash in an epic do-or-die match to decide the fourth and final team for the IPL play-offs, in Bengaluru on Saturday.
Rajan was speaking in Hyderabad at an interactive session at National Institute of Rural Development and Panchayati Raj.
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.
The Governor said RBI does not limit itself too much when there is uncertainty.
The Tamil Nadu assembly on Friday once again passed a unanimous resolution urging the Centre to exempt the state from National Eligibility-cum-Entrance Test and allow it to admit students to medical courses based on Plus Two exam marks.
For India, Fitch Ratings has 'BBB-' rating.
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.
On Aug 11, the Chinese central bank surprised markets by devaluing the yuan by nearly 2 per cent.
The taxpayers and honest borrowers suffer when a big entity defaults.
'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.'
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.
Rajan has a great track record abroad.
The industrial output for the third month in a row remained in the negative territory, contracting 1.5% in January
Special CBI Judge Vinod Kumar passed the order after Rajan, produced before the court via video conferencing, pleaded not guilty and claimed trial.
The single most important issue in Public Sector Banks is corruption.
Head of state-run Indian Bank T M Bhasin had called for a CRR cut.
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
RBI has, since January, cut its policy rate four times.
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".
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.
India needed more specialists within government
Raghuram Rajan, who has been pilloried by his critics for keeping interest rates high and has also been accused of stifling growth.
He was responding to a question on economic reforms in the country.
Rajasthan Royals will face a stern test of character as they look to arrest a shocking slide in a do-or-die IPL Eliminator against an in-form RCB.
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.
