Raghuram Rajan, Governor of the Reserve Bank of India, has scoffed at the contention that BJP's Prime Ministerial nominee, Gujarat Chief Minister Narendra Modi will be the knight in shining armour who will root out corruption in India.
Governor Raghuram Rajan has asked his colleagues to ensure that the central bank is not seen as mere "paper tiger" and even rich and powerful wrong-doers are not spared.
He has had a productive first year at the RBI -- one which saw, also, India's economic imbalances improve and the unexpectedly strong general election outcome.
RBI wants the lending rates to be determined by the market.
The KKR think-tank might not be unduly worried as their campaign is still at a nascent stage, but they would like to see the first-choice pacer and spinner finding their range at the earliest.
Central bank Governor Raghuram Rajan drew kudos from Moody's Analytics for his monetary stance.
The central bank and Indian government has reached a "broad consensus" on the composition of a rate-setting panel.
RBI governor Raghuram Rajan says a cut in cash reserve ration will not at all impact lending rates.
Terming Rajan as "India's prescient banker," Time said he is among a rare breed of "economic seers".
India's macroeconomic indicators are improving and inflation has been coming down consistent with the central bank's forecast, but Asia's third-largest economy needs investment growth to pick up, he added.
RBI Governor Raghuram Rajan on Friday said repo rate has been hiked as inflation pressures remain high.
After two rate hikes in less than six weeks aimed at curbing inflation, RBI Governor Raghuam Rajan on Wednesday said the central bank may be done with interest rate increases as their impact on the economy is assessed.
The meeting, which comes just days before the next bi-monthly monetary policy review on June 3, lasted for about 50 minutes.
The special Maharashtra Control of Organised Crime Act court on Thursday rejected the bail application of Paulson Joseph, an alleged Chota Rajan aide, arrested in connection with the murder of senior journalist Jyotirmoy Dey.
India on Tuesday said it does not anticipate any problem in bringing back Chhota Rajan from Indonesia as he was arrested on a Red Corner Notice issued by Interpol.
A two-year extension at the helm of the RBI still looks a real possibility
RBI itself is part of the multi-agency group announced by the Indian government to monitor such holdings and take appropriate action.
The Governor, who completes one year in RBI on Wednesday, has stabilised the rupee and is getting a fix on inflation.
Minutes after the Union Cabinet approved raising the cap on subsidised liquefied petroleum gas (LPG) cylinders from nine to 12 per connection in a year, Reserve Bank of India (RBI) Governor Raghuram Rajan questioned the decision, suggesting it was "misdirected subsidy".
As heavy rains continued to batter Kerala, landslides and flooding were reported from many parts of the state, especially its southernmost district of Thiruvananthapuram, which was severely affected by waterlogging in several areas on Sunday.
Girish AD doesn't make romantic comedies so much as he elevates the genre, observes Sreehari Nair.
Royal Challengers Bengaluru's IPL 2024 campaign is just one-match old, but it has already exposed their biggest chink. It's fragility in bowling, and they need better returns from bowlers against a confident Punjab Kings at an unforgiving M Chinnaswamy Stadium, in Bengaluru, on Monday.
Rajan, who will be a key member of Finance Minister P Chidambaram's team, was also honorary economic adviser to Prime Minister Manmohan Singh.
Reserve Bank Governor Raghuram Rajan expressed confidence in India's growth and said the country is on target to meet Jan inflation target of below 6%.
Jaitley has made it a habit of giving soundbytes to the media like his predecessors on why RBI should cut interest rates
Rajan strongly defends RBI's decision to hold the key rates in the absence of any new data points.
While the rest of India marches towards the promised destiny of 'progress', Bihar - the heart of India- is doomed to poverty and the injustices of a caste-based society.
Rajan said the relationship between the RBI and the government has been strong.
'I declared myself a Sikh. We want freedom from caste discrimination.'
Bobat also backed England all-rounder Will Jacks to come in handy.
Rajan Bharti Mittal, vice-chairman and managing director of Bharti Enterprises took over as president of Federation of Indian Chambers of Commerce and Industry (FICCI) at the conclusion of its 82nd annual general meeting (AGM).
'Industrial countries are still struggling, with a few exceptions, to grow and the uncertainty about growth in the US as well the world is probably what impelled the Fed to stay on hold.'
RBI aiming to bring down headline number to 8% by end of this year and to 6% by the end of next year.
Concerned over banks hiding their actual NPA numbers, RBI Governor Raghuram Rajan on Tuesday said the central bank is "increasingly turning towards taking action" on such divergences.
Annamalai has faced criticism for the breakup between the AIADMK and the BJP, but BJP leaders say 'he attracts youth, who needs change'.
New Delhi was reluctant to spook investors by clipping the bank's wings
A number of industrial countries are now resorting to populism and this has its own set of political implications.
Rajan was speaking at a news conference.
'The Chinese devalued the yuan initially but then stopped'.
Describing the BJP's election victory as an "astonishing triumph of Narendra Modi", noted economist Jagdish Bhagwati on Monday advised him to retain Raghuram Rajan as RBI Governor and to hold monthly press conferences to articulate the government's agenda.
