"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.
Though Nobel Prize nominations have been a secret for 50 years, speculation abounds over the contenders for this year's prize in economics.
According to him, since India has a low fiscal deficit, a low current account deficit and lower inflation, there is no need for being too dependent on foreign money for growth.
Several people are still feared trapped in the debris after a series of landslides that occurred in Chooralmala and Mundakkai of Wayanad.
Asserting that retail inflation excluding food and fuel is still at an elevated level, the Reserve Bank of India on Tuesday said it would endeavour to curb price increases.
"Let people pay, but if they don't pay, go after them"
'Raghuram Rajan is a wonderful economist, but he is not a wonderful Indian economist.' 'He doesn't understand India in the granular form.' 'India exists only from Delhi to Nariman Point for him.' 'India is much, much bigger and complex.' 'The new RBI governor shouldn't get ready to open his umbrella when it rains in America'
Rajan sees banks passing on the benefit of lower rates regime to customers.
Indian economy grew at 7.9 per cent in fourth quarter of 2015-16.
The immediate priority for the new governor will be to draft the mid-quarter review
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.
The new visa-free regime allows travellers to stay for up to 60 days instead of only 15 earlier.
RBI Governor Raghuram Rajan on Friday pitched for incentivisation of domestic savings to boost investments in the country.
Rajan also said weak results from India's corporate suggested final demand is yet to pick up strongly.
While Raghuram Rajan's departure under these circumstances is a pity, it would be wrong to conclude that the RBI or the economy cannot do without him.
RBI Governor Raghuram Rajan plans to write on 'academic issues' after leaving the Reserve Bank.
Rajan said that central banks should not ignore global responsibilities.
Special CBI Judge Vinod Kumar said this after the agency informed the court that there was a "serious life threat" to Rajan from various underworld mafia groups and intelligence inputs have been received in this regard.
Local residents have stressed that land acquisition for rehabilitation must be completed promptly, as it has been delayed after estate owners challenged it in the Kerala high court.
Between tons of sexual innuendo and Kapil Sharma brand of slapstick gags characterised in loud caricatures, moronic behaviour, flimsy wigs and cartoonish rhythm, Vicky Vidya Ka Woh Wala Video's jarring notions of exuberance have nothing novel to offer, groans Sukanya Verma.
According to immigration sources, the time of Rajan's deportation will be made clear by the Interpol after they quiz him and a final clearance is issued.
Reiterating his earlier stance, BJP's Rajya Sabha member Subramanian Swamy has written a letter to Prime Minister Narendra Modi, asking him to sack RBI Governor Raghuram Rajan.
The State Bank of Travancore has suspended 'Raghav Rajan', the probationary officer working with them and said to be Bitti Mohanty, convicted in the 2006 German woman rape case and now in police custody seven years after he jumped parole.
"I would hope that the government would very respectfully request him to continue for one term or my preference would be two terms," Narayana Murthy said.
Reserve Bank Governor Raghuram Rajan on Friday said banking sector will see major changes in the coming years.
A joint team of CBI and police officers has left for Indonesia to seek deportation of underworld don Chhota Rajan, two days after India wrote a letter to the authorities there for his return to face trial in various criminal cases registered against him.
RBI Governor Raghuram Rajan on Tuesday kept the repo rate unchanged 6.50 per cent.
'Access to finance is one of the most crucial needs in the economy.'
Rajeev Srinivasan tells how he came very close to being another number in the 'disappeareds' during the Emergency.
Raghuram Rajan becomes the 23rd governor of Reserve Bank of India.
"I am an academic and I have always made it clear that my ultimate home is in the realm of ideas," Rajan said in a letter to staff.
Former Finance Minister P Chidambaram said he was "disappointed and profoundly saddened" by Rajan's decision against a second term, but was not surprised by the development
RBI Governor Raghuram Rajan on Friday said keeping inflation low is the key task for sustainable economic growth of the country.
Rajan also said it's a problem of collective action and not a problem of industrial nations or emerging markets
The solution to this problem lies only in making the system more efficient, he said.
Dr Rajan is a person of very high caliber
Centre to take a call only in August, just a month before his three-year term ends.
In the past, there have been instances of people getting fake e-mails in the name of RBI.
While he has plenty of critics at home, Rajan is a favourite among foreign investors and has been credited for bringing inflation under control.
'There are lots of low hanging fruits and often no real impediment to plucking them.'
