"This is not an easy time as economy faces challenges. Our actions will be at measured pace given the current market turmoil," Raghuram Rajan said after he took charge as the new RBI Governor.
Top bankers on Wednesday exuded confidence that Raghuram Govind Rajan, who today took over as the 23rd Governor of the Reserve Bank, has the intellectual prowess to wade through the present difficulties facing the economy and wished him all success for the stint at Mint Road.
Six out of eight monetary policies announced by him during his entire tenure so far have been on Tuesdays
The speed at which he led the central bank in different areas -- ranging from internal reorganisation to inflation fighting, stabilising the currency, taking on rogue corporations, cleaning up bank balance sheets, and opening the sector -- makes one believe that Rajan knew he had only three years to do his job. A fascinating excerpt from Tamal Bandyopadhyay's MUST-READ Roller Coaster: An Affair with Banking.
'Naseer does not have the sense of humour that Om Puri has. 'Also Om has a great deal of compassion as a human being. Naseer was too focused on his own self.' A fascinating excerpt from Sangeeta Datta's book, Shyam Benegal.
In CDMA, we did not have legacy carriers, a second hand market of handsets, or even people understanding the technology
The three years at the Reserve Bank have mostly been a string of success stories for Rajan, gaining him common man's adulation even as the free-thinker in him made a few foes who matter more in the corridors of power
The Bahujan Vikas Aghadi supporters gheraoed Vinod Tawde and raised slogans.
The RBI Governor brought down retail inflation to 3.8% in July.
Gandhiji asked me if I had sufficient warm clothes in view of the coming cold season. I said yes. But he verified my statement by asking Miraben to search my bag to make sure. Such was Gandhiji.
We need a change in mindset, says the RBI Governor.
According to sources, Chambers has led the $5-million funding round via his investment firm JC2 Ventures
The group, however, measured the economic value of just 43 creative ideas out of 1,700 innovations that took place within the Group last year.
Vijay Shekhar Sharma, head of Paytm, says they'd achieve their 500-million user target by 2018, two years before the earlier aim.
FM he did not come down hard on Rajan to cut rates
As per information available with the Corporate Affairs Ministry, the new company was incorporated on November 5 with a total paid up capital of Rs 500,000 and has been registered in New Delhi.
Benefits of demonetisation come at a heavy price for Fintech firms. They will spend a massive amount on securing and reinforcing their cyber security apparatus this financial year. Karan Choudhury reports.
Tata Sons, holding company for the Tata group, is working on building a centralised rural business platform that could be leveraged for the entire group's benefit, instead of each company looking at it separately.
According to sources, employees from marketing, ad-tech, category, digital marketing, engineering team, catalogues, have all been asked to leave.
With a surge in users and transactions in two weeks, payment wallets step up cashbacks to get more users online.
The latest updates from the Malayalam film industry.
How robots may eradicate manual scavenging in India.
India's latest GDP numbers do not signal robust economic growth in near term.
Bollywood glorifies Mumbai's dons in its movies.
Search is on for reliable indicators of underlying activity.
Rahul Gandhi on Tuesday launched a scathing attack on the government on the issue of intolerance telling it not to learn the "wrong lessons" from the Pakistan.
Don't reveal any information to strangers.
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".
How many of the 354 films Aseem Chhabra watched in 2017 have you seen?
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