Rajan's exit will neither affect the RBI's de facto independence nor its working.
Besides advancing the presentation of the Budget to perhaps the first week of January, , there are four new initiatives that could be rolled out from the next Budget, says A K Bhattacharya.
Pradhan Mantri Jan Dhan Yojana and Make in India -- are not covered here.
EC received the RBI proposal in the first week of this month, soon after the model code of conduct came into force on March 5.
There is also a lobby within the bureaucracy that wants to see Rajan's influence curtailed
Issuance of new bank licences proves that the apex bank wants the financial sector to flourish.
Chief Economic Advisor Arvind Subramanian's interview.
Later addressing a public meeting in Varana, Gandhi asked Modi to respond to allegations of manipulative share trading by a firm linked to Gujarat Chief Minister Vijay Rupani.
The Reserve Bank of India is not a free agent. It never has been, nor should it ever be.
Rajan tells RBI colleagues he will be returning to academics
'EPFO's investments this financial year should be Rs 1 lakh crore'
'Our policy seems to be to give away part of J&K, even though we are entitled to the entire state.' 'The Congress has done so, and the BJP is following the same policy.' 'No one is applying their mind to the legal position.' 'Kashmir is not a part of Pakistan under its own constitution.'
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