Rajan is an acknowledged academic, author and intellectual. He spoke on issues which are in the public domain, said Chidambaram
Watal panel had suggested an independent payments regulator be set up.
The other key issues to be taken up at the summit, which is expected to be attended by Prime Minister Narendra Modi, will include raising the global GDP by an additional 2 per cent in the next five years and boosting infrastructure sector funding.
Most of the index heavyweights are yet to declare their results.
United States Secretary of State John Kerry, heading a high-powered delegation of his cabinet colleagues and top military commanders, today left for India as part of his 10-day seven nation Asia trip.
In a strong message to China, India and ASEAN on Thursday called for a "full and effective" implementation of the understanding between the parties involved in the South China Sea dispute, while stressing on maritime security and freedom of navigation in the critical sea lanes.
The President may not have agreed with the government on many occasions. Not once was this ever made public -- though he told off ministers in private.
Taking potshots at Congress, rival Bharatiya Janata Party on Friday claimed that the decision of Finance Minister P Chidambaram to opt out of the Lok Sabha poll race indicated the state of affairs in the party as it was "running away from the contest".
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SBI will hold 30 per cent in RIL joint venture
Shah attacked Banerjee over the alleged culture of political violence in the state, saying the only industry that was flourishing in Bengal was that of "crude bombs and illegal weapons".
Telecoms investor Aditya Birla Nuvo Ltd and retailer Future Group were among the first big names to apply for licenses to run so-called payments banks
The RBI governor also said he is not 'overly' worried about any interest rate hike by the Federal Reserve, saying the country had enough foreign exchange reserves.
Thanks to Rajan we are an inflation-targeting country now
The bank will have around 501 branches.
'It is a balanced and prudent Budget that sets the foundation for future growth in the economy.'
The new numbers show India's economic growth rate averaged 6.7 per cent during the Congress-led United Progressive Alliance regime as compared to 7.3 per cent under the present government. Previous numbers had put the average growth rate during the 10-year UPA rule at 7.75 per cent.
What should concern the Indian citizen is not the fact that the world's biggest assault rifle purchase was scrapped. What should is the fact that the tender was for a type of rifle that has never been produced, says Nitin Pai.
'The most unfortunate part is that after precipitating the crisis situation on Tuesday, the government ducked and took help from Saudi Arabia and the UAE to 'de-escalate' the situation.' 'Make no mistake, this fateful move has grave implications.' 'You don't take help from the wolf to guard the sheep, right?' says Ambassador M K Bhadrakumar.
'For half a century, Delhi has not seen a truly powerful ruling party president.' 'The Cabinet, chief ministers, and even the heads of the most powerful departments and agencies now acknowledge where power lies, besides the prime minister's office,' says Shekhar Gupta.
''Even without major reforms, with a business as usual scenario, and with current inflation trends, we should be clocking around 11 to 12 per cent nominal growth.' 'That is not happening and is a source of worry,' Rathin Roy tells Arup Roychoudhury.
The RBI has created a stunted business model by which payment banks are supposed to shoulder the noble objective of financial inclusion without being able to make much money.
According to Parizad Sirwalla, partner (tax), KPMG, the withdrawal of annual tax free transport allowance and medical reimbursements has squared off the benefit on account of standard deduction.
India Inc is encouraged by a determined Budget.
ADB was urged to take up the Railways sector.
Experts point to the bitter experience of countries including Mexico, Thailand, South Korea and Russia and desist from going forward with plans of issuance of such securities. They say rather than going abroad, the country should increase participation of foreign investor in the government securities which does not have any forex risk.
The Reserve Bank of India has formulated strategic polices to enhance growth in banking sector.
Demonetisation will wipe out the likely benefits of a good monsoon this year, says Christopher Wood of CLSA.
India needs to sustain a GDP growth rate of 8 per cent to become a five trillion dollar economy by 2025, the Economic Survey has stated.
India needs more specialists with domain knowledge and experience.
Bandhan Financial Services, which is to start banking operations soon, has received a combined equity commitment of Rs 1,600 crore (Rs 16 billion) from International Finance Corp (IFC) and GIC, Singapore's sovereign wealth fund.
Even as India continues on the priority watch list of the Office of the US Trade Representative, strong voices from Washington, DC, have spoken out in favour of India, reports Aziz Haniffa/Rediff.com.
The company will transfer its wallet business, which has over 218 million mobile wallet users, to the newly incorporated entity -- PPBL -- under the payments bank licence awarded to Vijay Shekhar Sharma, the founder of One97 Communications that owns Paytm.
'Space out when raising funds; Sebi mulls securitisation platform'
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The NPAs of banks stood at over Rs 3 lakh crore as on December 2014.
Prime Minister Manmohan Singh and UPA Chairperson Sonia Gandhi will inaugurate country's first all-women Bharatiya Mahila Bank in Mumbai on November 19, the birth anniversary of former Prime Minister Indira Gandhi.
A senior official with Muthoot Finance said the group would also want to apply for a universal licence.
Addressing a massive public rally to celebrate the signing of the accord on January 27 that is expected to bring lasting peace to the troubled state, Modi said now the time was to work together for peace and development of the North-East.
Eminent business journalist and author Tamal Bandyopadhyay discussed Budget with rediff.com readers on Tuesday.
FM says government policies aim to contain inflation, spur growth.
BJP on Thursday said while claiming the exercise had brought back "hope" into the economy by charting a roadmap for the country's economic resurgence.
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