'This is not Ahmedabad Gymkhana but people's house'
He was responding to a question on economic reforms in the country.
Sectoral performance was mixed with media and PSU banking stocks attracting buyer interest and healthcare, FMCG and metal stocks bearing the brunt of the bears
The bank's base rate currently stands at 10 per cent and the last movement in it was in November last year, when it was hiked by 0.20 per cent.
When he ended his Test career, he held the following Test records: Most Tests (125). Most consecutive Tests (106). Most runs (10,122). Most hundreds (34). Most scores of 50 or more (79). Most hundred partnerships (58).
RBI unsure whether to cut rates or not in its next monetary policy.
Raghuram Rajan, said, the scourge of loan losses "had a tendency to increase, get too big to ignore, too late to manage, and push the system into crisis".
Subramanian Swamy caused a flutter when he sought Arvind Subramanian's sacking for allegedly taking anti-India stance when he was an IMF economist in Washington.
A chat with investment expert Feroze Azeez on what impact will the hike in RBI rate have on the consumers.
Describing the BJP's election victory as an "astonishing triumph of Narendra Modi", noted economist Jagdish Bhagwati on Monday advised him to retain Raghuram Rajan as RBI Governor and to hold monthly press conferences to articulate the government's agenda.
Bicycle manufacturer TI Cycles, a part of the $3.2 billion Murugappa Group, on Thursday introduced India's first bicycle made from carbon, 'Montra'.
An early choice will also allow Mr Rajan to do some hand-holding.
If you have answers to these, you need not worry about Britain's exit from the European Union, Raghuram Rajan's exit from the Reserve Bank of India or Narendra Modi's chances of re-election in 2019; your financial future will be safe, says P V Subramanyam
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.
He will presumably choose to remain true to the framework he has put in place.
Puttaparthi, the abode of Sri Satya Sai Baba, on Monday witnessed a beautiful symphony of sound and spirit as thousands of devotees from across the world, important dignitaries and well renowned artists gathered to join the 85th birthday of the renowned spiritual guru.
'Here, after all, was a fine specimen of intelligence in the field that Adam Smith gave formal structure. And successful RR surely was as RBI chief.'
Mr Swamy has written letters to the Prime Minister's Office asking for Mr Rajan's services to be terminated.
With Raghuram Rajan not 'really there', the FinMin has decided to keep a watch on market developments this week with all key officials on the job.
Tomorrow's review could also turn out be the last policy anchored by Rajan if the proposed Monetary Policy Committee (MPC) is put in place before the next review due on August 9.
It would also be the last policy of Rajan
RBI governor advises students to not take advantage of economic freedom
He called on developed countries to play their part in restoring international monetary cooperation.
Experts applaud RBI governor RAghuram Rajan for his good work.
RBI governor also spoke on the ill effects of cutting interest rates too much
Bihar Chief Minister Nitish Kumar on Friday called for a daylong 'Bihar Bandh' on March 1 to protest against denial of special category status to the state by the Congress led UPA government.
Monetary transmission has been an issue for the Indian banking sector.
Rajan said an interest rate cut won't by itself lead to higher economic growth
Head of state-run Indian Bank T M Bhasin had called for a CRR cut.
However, some analysts say RBI Governor Raghuram Rajan may delay the rate cuts amid mounting concerns over the government's fiscal health.
The bank chiefs have also cancelled the customary media conference after the bi-annual policies.
Few proposals included in the Finance Bill would not help ease liquidity concerns in the economy, say RBI officials.
The rupee had closed at 60.1550/1650 per dollar on Monday.
It has been decided to reduce home loan rate by 20 basis points.
After months of denying there was a liquidity problem, Governor Raghuram Rajan has reversed course.
There are 350,000 jewellers, of which 13,000 are BIS-certified.
Rajan said that demand needs to be reduced without having severe effects on investment and supply.
The RBI Governor brought down retail inflation to 3.8% in July.
Finance Minister Nirmala Sitharaman will present her second Budget a little more than a month from now. Like any other FM, Sitharaman will depend on her team of bureaucrats and advisors to frame and present the Budget.
The message to bankers from Raghuram Rajan was clear.
