RBI governor is seen succeeding International Monetary Fund (IMF) chief executive officer, Christine Lagarde, next year.
Pujari is allegedly involved in eight serious cases in Mumbai, including firing, extortion and murder. A resident of Tagore Nagar in Vikhroli, he had fled from the country years ago. He had allegedly targeted builders and businessmen in eastern Mumbai, the crime branch official said.
Indian bond yields fell on Friday after Rajan's remarks, showing the level of concern about high inflation and investors' anticipation that the RBI will continue efforts to stabilise the economy.
Rajan addressed a group of investors in Boston on Thursday.
The rupee has fallen more than 2 per cent against the dollar since the yuan devaluation
The rank of COO is the latest in a series of decisions that met with internal resistance at Mint Road and now North Block.
Underworld don Chhota Rajan was on Saturday sent to Central Bureau of Investigation custody by a court, a day after he was brought from Indonesian city of Bali.
Flagging the issue of lack of enough economists in the country, Reserve Bank India (RBI) Governor Raghuram Rajan has said the inability to get quality talent may be hurting policy making.
Sunrisers Hyderabad will look to unleash their brute batting power on struggling Royal Challengers Bengaluru when the two teams face off in their return-leg fixture of the IPL in Hyderabad on Thursday.
Rajan announced a status-quo on interest rates.
The central bank gave 11 entities licences to start payments banks.
Rajan was speaking in Hyderabad at an interactive session at National Institute of Rural Development and Panchayati Raj.
Rahul Gandhi hailed the RBI Governor for steering the Indian economy in "difficult times"
Stocks and rupee on Monday took an early morning plunge but soon recouped their losses.
The Governor said RBI does not limit itself too much when there is uncertainty.
For India, Fitch Ratings has 'BBB-' rating.
An Indian police team on Monday for the first time questioned underworld don Chhota Rajan and officials believe that he could be deported to India in the next two-three days.
'We have 100,000 students going abroad every year.' 'So, we have room for at least 100 universities of very high quality to service those 100,000 students.'
On Aug 11, the Chinese central bank surprised markets by devaluing the yuan by nearly 2 per cent.
The taxpayers and honest borrowers suffer when a big entity defaults.
Rajan has a great track record abroad.
Rajan, who has also served as chief economist at the International Monetary Fund (IMF), said he had no idea what statistics are pointing at currently and "a revamp" was needed "to really figure out what India's true growth rate is".
The mismatch between industrialists' demand and account holders is because of inflation, Rajan said.
Special CBI Judge Vinod Kumar passed the order after Rajan, produced before the court via video conferencing, pleaded not guilty and claimed trial.
The industrial output for the third month in a row remained in the negative territory, contracting 1.5% in January
Rajan's first few measures include swap window facility for banks to lure in NRI funds.
The single most important issue in Public Sector Banks is corruption.
Rajan said RBI should pay as much dividend as possible to the government, which over the past two years has run into billions of dollars
Head of state-run Indian Bank T M Bhasin had called for a CRR cut.
Gujarat Giants will be wary of Royal Challengers Bengaluru's newfound firepower in the middle-order when the teams clash in the Indian Premier League in Ahmedabad on Sunday.
RBI has, since January, cut its policy rate four times.
Head of central banks from various countries get into a 'Basel huddle' every second month at Basel at the headquarters of the Bank for International Settlement.
India needed more specialists within government
Raghuram Rajan, who has been pilloried by his critics for keeping interest rates high and has also been accused of stifling growth.
He was responding to a question on economic reforms in the country.
From a maths perspective, Royal Challengers Bengaluru and Gujarat Titans can still reach the IPL playoffs, but they need to ward off inner gremlins on Saturday to notch a mandatory win to keep that dream flickering.
The CBI sources said the agency has charged them with criminal conspiracy, cheating, forgery and under Provisions of Prevention of Corruption Act in the chargesheet.
The vehicle, a Tavera, was on its way to Jammu from Srinagar and it fell into a 300-foot gorge at the Battery Cheshma area of the district around 1.15 am, they said.
The dealers operating in the space have jumped nearly three times over the past two years.
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