Rajan, further said, the government was not contemplating more steps to curb gold import, and significant reduction was likely in June.
Raghuram Rajan on Tuesday said the central bank cannot ask them to lower the rates.
Ratan Tata is Maharashtra's first Udyog Ratna.
The Tanur police said a case was registered on Sunday itself against the owner of the boat, which reportedly did not have a licence to function.
RBI governor Raghuram Rajan says, laws must be tightened for freeloaders.
On September 4, at a time when the rupee was the worst performer among Asian currencies, Raghuram Rajan took charge as RBI's governor.
Rajan, who will complete a month as the governor of Reserve Bank of India on Friday has already succeeded in restoring calm in the foreign exchange market.
Finance Minister Arun Jaitley said the Reserve Bank and the Finance Ministry have "very mature level of consultation" and it wasn't fair to comment on them.
RBI data show one-fifth of all the infrastructure loans are stressed and the share of such loans in overall stressed assets is nearly a third.
Given their stability, the rupee and the renminbi (Chinese currency) -- when made convertible -- could well emerge as substitute currencies which countries will hold their reserves, stated Raghuram Rajan, Economic Advisor to the Prime Minister and Professor of Finance at the Chicago Graduate School of Business, on Wednesday.
An unexpected devaluation of yuan saw it plunge the most in 20 years.
Journalist Jigna Vora, arrested in the murder of senior crime reporter J Dey, invited the suspicion of investigators when she claimed she never spoke to gangster Chhota Rajan on phone, an assertion not backed by facts, police said on Monday.
The RBI Governor also reiterated his reservation against repeated loan waivers by various state governments, saying the move distorts credit pricing, thereby also disrupting the credit market.
The RBI governor says, Mahatma Gandhi is the only dignitary which can be featured on rupee notes.
Rajan Committee has evoked divergent reactions from the states.
Bajaj hit out at banks for not passing the entire benefits to consumers.
The state police has also requested the government to deploy paramilitary forces around the jail premises for the underworld don's security.
RBI Governor Raghuram Rajan on Tuesday said the government will decide on extension of his tenure.
New Reserve Bank of India chief makes his first monetary policy statement on Friday with expectations he may scale back some of the emergency measures that have helped the rupee bounce from a record low.
Reserve Bank of India Governor Raghuram Rajan said, in an election year, it is better to be ready for any eventuality.
Nikhalje was arrested under Maharashtra Control of Organised Crime Act in 2005 and spent two years behind bars
If the RBI governor's logic holds, the rupee is far from being extremely overvalued.
Deepa Gahlot picks 10 Web series that was worth the viewer's while.
Nowadays, our politics is habituated to sitting on a high pedestal, hobnobbing with world leaders, generating impressions of a superpower and returning to earth for the purpose of winning elections. In contrast, the yatra never left earth, observes Shyam G Menon.
How the IPL teams have shaped up after the auction.
RBI had previously cut repo rate by 0.25% each in January and March.
'I think the markets will move up given that there will be more money.'
The core inflation is down and there is a need to push growth.
Design of these notes to be issued now is similar in all respects to the Rs 1000 Banknotes in Mahatma Gandhi Series-2005 issued earlier, RBI said.
He will presumably choose to remain true to the framework he has put in place.
The chief minister underscored the back-to-back suicide deaths of a son and his father on August 12 and 13 respectively due to the stress of NEET.
'We are by no means anywhere nearing having external financing difficulties or internal financing difficulties. The government's credit is solid, there is absolutely no difficulty for the government in borrowing and it is borrowing effectively from the public today in a fairly free public debt market,' the RBI governor tells a meeting in Washington, DC
RBI Governor has dismissed the notion that the rural employment guarantee programme is behind the massive spurt in wages in rural areas.
Given that the public is no longer willing to tolerate lack of transparency, politicians will see they have no alternative but to change, feels Raghuram Rajan, economic advisor to the prime minister. Interestingly, Professor Rajan made this hard-hitting speech at an event to release a book in Prime Minister Manmohan Singh's honour.
Rajan's comment comes against the backdrop of certain BJP leaders questioning his policies to deal with the current economic woes.
The RBI Governor had earlier cautioned the banks on the risks involved in just hunting for numbers, asking them not to compromise on core objectives of the programme.
Events proved that on every count the RBI had accurately predicted both the damage and the lack of benefit. What the RBI was hiding was the fact that Modi had ignored its concerns -- all of which turned out to be true -- and gone ahead anyway, asserts Aakar Patel.
Reserve Bank of India (RBI) Governor Raghuram Rajan on Tuesday cautioned against extrapolating the issue of alleged graft charges in a public-sector bank to the entire public sector banking system.
The mid-year analysis lowered the growth projection for the current financial year to 5.7-5.9 per cent from 7.6 per cent estimated earlier.
Two Chhota Rajan gangsters, held for their alleged involvement in the Jawaharlal Nehru Port Trust arms smuggling case, were on Tuesday remanded to police custody till July 26 by a local court.
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