Macroeconomic factors under control, says Rajan
A student of IIT-Benares Hindu University, Varanasi, was allegedly molested and stripped by three motorcycle-borne men, who also recorded a video of the act, near her hostel, the police said on Thursday.
Expectations are high. There is a little bit of euphoria in India, says RBI governor.
Rajan expressed concerns on pressures on the services front.
Reserve Bank Governor Raghuram Rajan on Monday warned against compromising India's interest for the sake of attracting foreign investment and said the priority should be framing transparent policies as well as resolving contractual tax disputes quickly.
An officer within the Indonesian police was quoted by NDTV saying that Rajan is very scared, constantly smoking and doesn't talk to people.
Reserve Bank of India (RBI) Governor Raghuram Rajan spoke on a host of issues at his last post-policy interaction with the media
He added that the risks can increase if the Chinese slowdown gathers more speed.
While stating that a strong government should be led by those who have expertise, motivation and integrity and can provide the needed public good, Rajan warned that "strong governments, may not, however, move in the right direction".
"I am an Indian citizen, I have always been an Indian citizen. I always held an Indian passport. I held an Indian diplomatic passport when my father was in the foreign service and when I travelled on behalf of the ministry of finance," Rajan said.
China's per capita GDP is about four times of India's, Raghuram Rajan said.
The government plans to inject a total Rs 70,000 crore into the lenders over four years
RBI to ensure loans rate fall
Full capital convertibility means a foreign investor can repatriate his money into his own local currency at will.
Rajan, who has been warning against competitive monetary policy easing by central banks, however, said the situation is different in India where RBI still needs to bring down lending rates to spur investments.
Rajan had said that there was lack of clarity about the new method.
In a recent article, Rajan has ridiculed critics of the exchange rate policy.
He cautioned however that these are the early signs and one should not start celebrating.
Swamy had also claimed that Rajan was "mentally not fully Indian" and alleged that he has "wilfully" wrecked the economy
Narsaiyya Mama alias Langdya was attacked by 'four or five' unidentified men.
The Reserve Bank had submitted a list of 150 top loan defaulters who owe banks more than Rs 500 crore in a sealed cover to the Supreme Court.
Crime Branch arrested Chhota Rajan aide Vinod Chembur, a accused in an extortion case, along with the underworld don's wife Sujata.
Raghuram Rajan says he's not beholden to the Finance Ministry nor does he go around with the fear of being fired.
The arrests have been made by officials of Sector 126 police station as part of a crackdown on narcotics ordered by police commissioner Laxmi Singh, deputy commissioner of police (Noida) Harish Chander said.
RBI governor also spoke on the ill effects of cutting interest rates too much
Rajan also expressed hope that a stable government after the Lok Sabha elections will continue the broad fiscal policies of the current regime and India may finally get the Goods and Services Tax, an ambitious indirect tax reform measure.
The government is likely to name a successor to Rajan sometime this month
The new government will face four big challenges -- subdued growth, the fiscal and current account deficits and sticky inflation, RBI Governor Raghuram Rajan said.
Veteran cricket writer Rajan Bala passed away in Bangalore on Friday following a prolonged illness. Rajan turned 63 two days ago and died in a hospital in the Garden City where he had been admitted, according to family sources.
The four alleged contract killers, identified as Robinson, Junaid, Yunus and Manish, were arrested on June 3 following which they were sent to police remand and interrogated for five days.
Rajan rules out picking unconventional tools to tame inflation
Retail inflation was at a 25-month low of 8.1 per cent in February.
Their research paper on aid by rich nations got leaked
Experts applaud RBI governor RAghuram Rajan for his good work.
The progress we made in recent past should not detract us from making further structural reforms: Rajan
RBI governor advises students to not take advantage of economic freedom
However, there were conflicting reports about the number of blasts as state ministers VN Vasavan and Antony Raju said there were two blasts, while Congress MP from Ernakulam, Hibi Eden, said there were multiple blasts according to one of his friends who attended the convention.
The Enforcement Directorate has arrested four persons including the MD of the Lava International mobile company and a Chinese national as part of its ongoing money-laundering probe against Chinese smartphone-maker Vivo, official sources said on Tuesday. They identified the four as Hari Om Rai, the MD of Lava International company, Chinese national Guangwen Kyang, chartered accountant Nitin Garg and a person called Rajan Malik. They have been taken into custody under the provisions of the Prevention of Money Laundering Act (PMLA).
According to Bali police sources, decks have been cleared for his return, but volcanic eruption at Mount Rinjani led to cancellation of all flights.
Second authentication for small value payments through credit cards can be reduced subject to conditions.
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