Gokarn was the first Indian central banker who regularised warnings to the government, through the monetary policy statement, on the need to reduce fiscal deficit.
New dy governor of RBI says capital flows, inflation challenges.
His term was due to end on November 24. He was appointed in November 2009 for a period of three years.
Said to be considering a 2nd term for RBI deputy governor
A committee headed by Patel recommended retail inflation targeting and a monetary policy committee.
Search panel to shortlist candidates soon.
Global rating agency Standard and Poor's Asia Pacific chief economist Subir Gokarn has been appointed as RBI deputy governor in place of Rakesh Mohan who quit months ahead of his retirement.
While the country's dismal food situation tops the list, India's crumbling infrastructure, too, requires prompt action, says Subir Gokarn.
Subir Gokarn, Executive Director and Chief Economist at Standard & Poor's Asia Pacific, is heading the shortlist of candidates for the Reserve Bank of India Deputy Governor's post. Gokarn is also a Business Standard columnist.
Government aims to invest $1 trillion in the infrastructure sector in the 12th plan.
Regulators need to maintain a balance between regulation and innovation as per local requirements, RBI Deputy Governor Subir Gokarn said today as he pitched for a supporting policy framework to lower business risks.
The post of deputy governor (for economist) in RBI has been lying vacant since mid-June after Rakesh Mohan quit months ahead of his retirement.
There is an apparent divergence emerging in the link between commodity prices and headline inflation in India, said Subir Gokarn, deputy governor of the Reserve Bank of India (RBI), on Monday.
The Reserve Bank of India (RBI) has decided to give new banking licences to create more capacity and competition in the Indian banking space but the right size is yet to be determined. "The right size of a bank remains a debate for the industry," said Deputy Governor Subir Gokarn.
Subir Gokarn says credit-deposit growth mismatch for a longer period could put pressure on liquidity.
Ahead of the mid-quarter review of the monetary policy on December 18, RBI Deputy Governor Subir Gokarn on Saturday said inflation continues to be the primary concern for the central bank.
According to the RBI report, the unrest in the global economy continue, it can impact the jobs in the country's labour-intensive sectors and may even affect domestic demand.
Reserve Bank of India (RBI) Deputy Governor Subir Gokarn on Tuesday said India cannot risk accepting high inflation as the new normal, nor can RBI afford to drop its guard.
The temple town is likely to witness a major jump in tourist inflow once flagship projects are commissioned. In the first six months of 2022, more than 20 million tourists visited Ayodhya.
Bhalla will succeed former RBI deputy governor Subir Gokarn, who died in the US on July 30 after a brief illness.
The GSB Ganeshotsav Samiti has postponed the celebration to 'Magh Shudh Chaturthi' in Feb next year.
RCom had won 3G spectrum in 13 circles, including Delhi and Mumbai.
Here is some background on the candidates seen as potential successors to Rajan at the RBI
'It is far too early to celebrate the numbers.' 'They are still fairly weak compared to the pre-pandemic level.'
On whether RBI will consider selling dollar directly to oil companies as it did in 2008 to curb further volatility in the rupee, he said all options are considered.
The Reserve Bank of India on Tuesday hinted at another round of monetary policy tightening at its upcoming review meet on November 2, with Deputy Governor Subir Gokarn asserting that it is a challenge to keep inflation in check.
Deputy governors Subir Gokarn, Usha Thorat and Shyamala Gopinath will get additional portfolios, which were until now under K C Chakrabarty, RBI said in a statement today. The central bank did not give any reason for the reshuffle and said the changes will be effective tomorrow.
Leading economists on Friday called for more fiscal measures to sustain the Indian growth story.
In his book, former governor Subbarao says Chidambaram, Pranab were piqued by his tight rate policy.
Traditionally, Prime Minister picks the RBI Governor after consultation with the finance minister.
Former RBI deputy governor Subir Gokarn outlines an economic plan for Modi sarkar.
Maruti ready to upgrade safety features.
To balance growth and inflation, tax reforms such as GST and investments in increasing food productivity are vital
The more globally integrated the economy becomes, the more this inefficiency costs us, in terms of foregone export opportunities because of higher costs and more expensive imports.
The key similarity between 1991 and 2014 is the criticality of decisive action.
Panagariya, who heads the government's main economic advisory body NITI Aayog, is also India's Group of 20 summit negotiator
In the absence of market opportunities, the management will need to persuade shareholders that legitimate methods of valuation were used and the transaction price was justifiable.
Financial substitutes for gold are key to addressing the pressure from large imports.
Builders are coming up with retirement home colonies that offer a number of services. The payment options include outright buys, deposit models and lifetime lease.
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