"The poor will not suffer disproportionately due to bouts of sharp inflation, and the middle class will not see its savings eroded," Raghuram Rajan said.
The BJP and the AIADMK are unable to sort out ideological differences, observes N Sathiya Moorthy.
The programme named -- 'Revisiting Gandhi' -- was organised at Modern College in association with Savitribai Phule Pune University.
This is the first time in the RBI's history that a governor is leaving without willing to renew his contract
The S&P BSE Sensex shed 119 points to close at 27,977 and the Nifty50 dropped 45 points to finish at 8,591.
The Shiv Sena on Monday said it was not surprising to see the Bharatiya Janata Party winning the Maharashtra Assembly Speaker's election as the Sena was broken and 'someone from the party' was pitted against it.
The RBI's projections for consumer inflation over the rest of the year indicate some acceleration, with the rate reaching eight per cent in its baseline scenario.
Economist Dr Subramanian Swamy, whose Janata Party merged with the Bharatiya Janata Party in August, has issued the following press statement on the Indian economy and demanded the implementation of a four-point agenda to save it.
Indian indices fell more than those of most other emerging markets.
Make in India has few advantages and some disadvatnages too.
Taking exception to Health Minister Harsh Vardhan not mentioning the death of healthcare workers due to Covid-19 in his statement in Parliament, the Indian Medical Association has published a list of 382 doctors who died due to the viral disease and demanded that they be treated as "martyrs".
Dr S Rajan, India's candidate to the Commission on the Limits of the Continental Shelf, was re-elected on Wednesday to the Commission for a five-year term from 2012-17 in a meeting of the State Parties to the United Nations Convention on the Law of the Sea. In the first round, Rajan obtained 112 of the 161 valid votes cast. The election was keenly contested in the Asia-Pacific group with eight candidates in the fray for five seats.
RBI's current Deputy Governor Urjit Patel got 3-year extension in January.
'The financial situation of Tamil Nadu is much worse than it was in 2016.' 'The finance minister's is a horrendous job.' 'I am certainly not going to ask for it.'
The inflow of cheap capital has also kept the rupee at a high level, making exports uncompetitive and broadening the current account deficit despite falling oil prices.
''We had three positive cases, but our success was the three not going up to 30 or 100.' 'Also, all the three survived the virus,' says Kerala's Health Minister K K Shailaja.
While Manmohan Singh had to deal with high oil prices, inflation and trade deficit, Narendra Modi is lucky as major threats have receded, says T N Ninan.
Onno Ruhl said it is imperative to have a favourable global environment in addition to the domestic advantages.
'Look at the number of billionaires, the number of new billionaires in India.' 'Adani and Ambani are not the only ones.' 'What's wrong with people making money as long as it benefits us?'
The days of anti-reform, anti-growth advisers that undermined our economy in the UPA-II years will now be strictly behind us: Bhagwati
To cut interest rates, the central bank head has to open up a debate on inflation target revision.
A PhD from Chicago-Booth and a top-ranking IIT-IIM alumnus, Krishnamurthy Subramanian is one of the world's leading experts in banking, corporate governance and economic policy
There was no word on whether or when Patel would be talking to the media about his priorities and plan of action as head of Mint Street
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The fourth phase of the Lok Sabha elections will go to polls on April 29. The voting will be held for 71 seats spread across 9 states.
Chief Minister MK Stalin has shown that he is cut from a different cloth when it comes to embracing what is current, modern and absolutely necessary. Thus, even while retaining the spirit and content of the pan-Tamil, Dravidian socio-political and socio-economic ideology to the 't', his government has also acknowledged the need to accepting scientifically-proven facts in operational matters, says N Sathiya Moorthy.
A Ganesh Nadar/Rediff.com checks out the steady stream of leaders and party workers flowing in and out of the party headquarters in Varanasi, including the candidate's elder brother.
Maintain at least 2 metre distance from each other; this will help in reducing the spread of COVID 19, says Dr Sharanya Rajan.
Former President A P J Abdul Kalam felicitated the six winners.
This gains importance in the backdrop of speculation on a second term for Raghuram Rajan.
The Bank Nifty is high beta anyhow and it could move the broader market.
Issuance of new bank licences proves that the apex bank wants the financial sector to flourish.
Although this may not be music to Raghuram Rajan and Viral Acharya's ears, the real reason in my estimation for their quitting is expatriate over-sensitivity, intolerance or arrogance, argues B S Raghavan, the distinguished civil servant.
The RBI is exploring ways to allow banks more flexibility in loan restructuring.
If you are pregnant or obese you are at higher risk of swine flu.
'There are deeper, underlying, forces at work and we need institutional arrangements to guard against them.'
Hours after the Israeli embassy car blast near Prime Minister Dr Manmohan Singh's 7 Race Course residence, the Delhi police has declared that the incident is an act of terror.
Finance Minister Nirmala Sitharaman has rebutted Congress leaders Rahul Gandhi and Randeep Singh Surjewala's allegations regarding "wilful defaulters, bad loans and write-offs", and stated that they have "attempted to mislead people in a brazen manner".
Although the first woman to hold the position of chief economist at IMF, it would be wrong to see her appointment through the lens of gender