This will also help test the effectiveness of preventing the entry of Nipah in target cells.
Raghuram Rajan says he's not beholden to the Finance Ministry nor does he go around with the fear of being fired.
The Reserve Bank had submitted a list of 150 top loan defaulters who owe banks more than Rs 500 crore in a sealed cover to the Supreme Court.
Rajan also expressed hope that a stable government after the Lok Sabha elections will continue the broad fiscal policies of the current regime and India may finally get the Goods and Services Tax, an ambitious indirect tax reform measure.
The new government will face four big challenges -- subdued growth, the fiscal and current account deficits and sticky inflation, RBI Governor Raghuram Rajan said.
'I think some of us, like Mukesh Ambani, myself and those of us who head industrial units, ought to really focus on what we can really do to make the world a safer place, maybe 50 or 100 years from now.' 'For instance, how can we deal with climate change and global warming, right now?' 'The effects of it may not be felt now; in fact, we may pay a price for it today, but it will help the generations to follow.'
Rajan rules out picking unconventional tools to tame inflation
Swamy had also claimed that Rajan was "mentally not fully Indian" and alleged that he has "wilfully" wrecked the economy
Retail inflation was at a 25-month low of 8.1 per cent in February.
RBI governor also spoke on the ill effects of cutting interest rates too much
Their research paper on aid by rich nations got leaked
Experts applaud RBI governor RAghuram Rajan for his good work.
Vigilance and anti-corruption officials on Saturday conducted searches at seven premises of Suresh Rajan in Kanyamkumari and Tirunelveli districts on charges of possessing disproportionate assets, the sixth former Dravida Munnetra Kazhagam minister to come under the scanner.
Second authentication for small value payments through credit cards can be reduced subject to conditions.
The current account deficit, which is the difference between inflow and outflow of foreign exchange, rose to a record high of 4.8 per cent of GDP in 2012-13, from 2.8 per cent in 2010-11.
The government is likely to name a successor to Rajan sometime this month
India Inc on Wednesday said it looked forward to the new RBI Governor Raghuram Rajan initiating cut in interest rates and improving credit flow to crucial sectors like infrastructure to put economy back on high-growth path.
With the Lok Sabha elections going on, May is rather silent when it comes to new Bollywood theatre releases.
The progress we made in recent past should not detract us from making further structural reforms: Rajan
RBI governor advises students to not take advantage of economic freedom
The four alleged contract killers, identified as Robinson, Junaid, Yunus and Manish, were arrested on June 3 following which they were sent to police remand and interrogated for five days.
Days ahead of the Budget, Reserve Bank Governor Raghuram Rajan on Wednesday pitched for increasing the tax exemption limit on financial investments by individuals from Rs 1.5 lakh a year.
According to Bali police sources, decks have been cleared for his return, but volcanic eruption at Mount Rinjani led to cancellation of all flights.
Rollback of July tightening measures indicates comfort on currency but a repo rate hike is around the corner.
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Rajan, the academic-turned-central banker who is credited with predicting the global financial crisis, said that voicing of views will have positive effects.
It's time the regulator did some introspection.
Rajan posed the question while speaking at the annual leadership conference in Mumbai National Association of Software and Services Companies.
'The CoA feels that if David has declared and is not taking remuneration from India Cements, he is not in conflict'
India imposes restrictions on how much money its citizens and companies can invest abroad
The appointment of Rajan, a former chief economist of the International Monetary Fund and now a professor of finance at University of Chicago, comes at a time when India, like most of the world economies, is grappling with the impact of the global credit crisis.
BJP workers depend on Annamalai's popularity to emerge victorious. He has has made 100 promises to be fulfilled in 500 days and assurances include cleaning up rivers, an international airport and food vans named after former Chief Minister K Kamaraj.
RBI governor Raghuram Rajan is clear about cleaning up the mess in the banking system.
Rajan said that demand needs to be reduced without having severe effects on investment and supply.
The lack of clarity on who is next in line, when the time comes, as indeed it will one day some day, reflects poorly on the management of the world's largest political party. It scarcely need be said that a squabble between the contenders, Shah and Yogi, is exactly what the doctor ordered for the Opposition, notes Krishna Prasad.
New RBI Governor Raghuram Rajan on Wednesday came out with a slew of measures, including more trade settlement in rupees to rescue the battered financial markets and hinted at a shift in focus from inflation control, doggedly pursued by his predecessor, to boosting growth.
The aim of his visit was to explore how financial institutions can be co-opted in reviving the local economy.
Raghuram Rajan said on Friday it is not clear India needs a so-called "bad bank.
A resurgent Royal Challengers Bengaluru will look for their fourth consecutive victory when they face an unpredictable Punjab Kings as the two sides fight for survival in the Indian Premier League, in Dharamsala on Thursday.
Fugitive gangster and drug smuggler Santosh Shetty has been arrested in Bangkok by the Thailand police. Mumbai crime branch officials took him into custody on Thursday.
