The panel was set up to suggest ways to reform India's monetary policy.
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A rule change may make Nachiket Mor, among others, eligible to replace Chakrabarty.
'I want the prime minister to be punished because he put our country in difficulties as he took this decision without Cabinet approval.' 'When he had already ordered the printing of new currency notes on May 19, 2016, why did he tell lies to the country?'
It's crucial for Modi to make India an easier place to do business.
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As many as nine respondents said RBI would hold the repo rate at 8% till March-end, 2015
RBI has pegged the GVA growth of 7.6 per cent for the current fiscal and 7.9 per cent the year after
Pakistan women cricket team's head coach New Zealander Mark Coles has resigned on Thursday, months before the ICC World T20 in Australia.
Mumbai is observing the sixth anniversary of the dastardly attacks that shook the city
While moving towards the new technology is compelling and inevitable, powering 5G would also mean massive initial investments for telcos, says Surajeet Das Gupta.
Economy improving but long way to full recovery, says FSDC.
The incidence of corruption cases can be checked to a large extent if the suggestions already available with RBI and the government are taken seriously, says Shyamal Majumdar.
The Department of Post, Tech Mahindra, Videocon Group and stock exchange NSE have joined big corporates like Ambanis and Birlas to seek entry into banking business through newly created niche category of Payments and Small Finance Banks.
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Bankers remained ambivalent on the impact of Tuesday's policy announcement by Reserve Bank on the cost of funds and refrained from giving a guidance on the direction in which lending rates are headed.
Sectoral players feel addition of rooms could hit earnings.
RBI wants periodic revision of the pensions for its retired employees.
RBI declines to accede to plea, upheld by Padmanabhan panel, for priority sector tag; feels move would dilute claims of those needing it more.
The lack of an informal communication channel is what should bother the government and the RBI, if they want to eliminate the undesirable outcomes of the current tension between the two, says A K Bhattacharya.
This comes after the arrest of Syndicate Bank Chairman S K jain.
The idea is to boost household savings and turn more of them into growth capital. If the plan succeeds, sustained eight per cent-plus rates of gross domestic product growth should be within reach in a few years.
RBI has already come out with a discussion paper on banking sector in India, on which the regulator has invited comments from stakeholders.
What does Nobel Laureate Abhijit Banerjee thinks about India's education sector?
While the US is definitely recovering, Europe, Japan and, now, China are all going through another wave of what some fear could be a multi-year slowdown.
Mergers to create at most six state banks
The finance minister is "reasonably confident" that when it comes to the crunch, "it would be extremely difficult even for the Congress party to take a contrarian view" on the GST Bill.
Delivering the key mote address at the Citi's Investor Summit, Jaitley hoped that as a professional organisation the Reserve Bank will take 'the best decision'.
In the first secretary-level appointments by the Narendra Modi government, Rakesh Garg was on Sunday named the new telecom secretary while Jugal Kishore Mohapatra is to be secretary in the fertilizers ministry.
"The RSS is trying to change the nature of India. Other parties haven't tried to capture India's institutions," he said.
The banking sector is set to move at a fast pace from hereon.
The RBI holds its next policy meeting in early June.
Stakes are high for senior Congress leader Narayan Rane, who is facing a resurgent Shiv Sena on his home turf in Maharashtra's Sindhudurg district, where he is contesting the assembly polls along with his son Nitesh.
Tension had been brewing between Maharashtra MPs of the Shiv Sena and Bharatiya Janata Party. Shiv Sena MPs believe they have been sidelined and treated shabbily at the Sadan. Dhanya Rajendran reports
'There is no difference between the earlier government and the present government.' 'They are all following the economic policy based on the Chicago School of thought.' 'This school of thought says the government should have very little role in governing the country and the majority of the work should be handed over to the private sector.' 'This has not succeeded in the US.' 'Yet, it is being tried here by people like Arvind Subramaniam, Arvind Panagariya, Urjit Patel and Raghuram Rajan.'
Dy Governor notes it's an era of job changes for better.
A brief report card on Modi's ministers.
Union Minister P Chidambaram has opted out of the Lok Sabha election with the party on Thursday night nominating his son Karti from his constituency Sivaganga in Tamil Nadu while another Union Minister Ghulam Nabi Azad was brought as a candidate from Udhampur in Jammu and Kashmir.
In the wake of an attack on Aam Aadmi Party headquarters on Wednesday, a plea was hurriedly made in the Delhi high court for directions to Chief Minister Arvind Kejriwal not refuse security offered to him.
Budget was a mild disappointment. Yet, the bull run continues.
Bihar Chief Minister Nitish Kumar today slammed the Congress saying it has put the issue of special category status for Bihar on the "back burner" under the influence of its "natural ally".
With the Telecom Regulatory Authority of India (Trai) refusing to reserve 900-MHz spectrum for incumbent telcos, asking them to vacate the quantity held and win back through bidding, GSM operators, led by the Cellular Operators Association of India (COAI), have decided to propose a compromise formula.
Managing Brexit, inflation and banking reforms, along with the political environment, will be tough.
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