Finance Minister Arun Jaitley, along with other senior ministers, on Tuesday pitched India growth story before 21 large global investors
Rupee is seen to remain in the range of 67.50-68.80 in the short-term
Earlier, maverick right-winger Subramanian Swamy had demanded the sacking of Jaitley's top aide
Other members of the high-level advisory committee are former RBI Deputy Governor Usha Thorat, former Securities and Exchange Board of India Chairman C B Bhave, and Nachiket M Mor, Director of the Central Board of Directors of RBI, Governor Raghuram Rajan said.
All policy planners want low interest rate, says Jaitley
The year 2015 is likely to see lower rates to support growth and the Reserve Bank is expected to cut key policy rates by 0.25 per cent in February's monetary policy review meet, says a Bank of America Merrill Lynch report.
The probe into selections for banks such as Bank of Baroda and Canara Bank followed the arrest of Syndicate Bank CMD S K Jain for alleged graft.
Experts interviewed CMDs of nine public sector banks on Friday and Kamath is believed to be in the reckoning
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KC Chakrabarty who was appointed as RBI deputy governor in 2009, is considered frank with his views.
Addressing a rally in Suratgarh town of Ganganagar district, a day after declaring his party would roll out the scheme if voted to power, Gandhi alleged that Prime Minster Narendra Modi gave money to the rich and top industrialists of the country, but the Congress would serve the poor.
Economists and investors want RBI to retain independence in setting rates
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A rule change may make Nachiket Mor, among others, eligible to replace Chakrabarty.
The Gita teaches you to be truthful, refrain from criticism and manage your emotions wisely.
Dhoot stated that Value Industries has not withdrawn the application and has only sought clarifications from RBI on certain issues.
The Reserve Bank on Wednesday said it plans to issue new bank licences around January, "consistent with the highest standards of transparency and diligence."
As per a PMO statement, Modi told the investors that "he believes in a fair, predictable and consistent tax system
Nitish Kumar had a week's time to prove his majority, but Laloo Yadav made full use of Siwan don Mohammad Shahabuddin. A revealing excerpt from Rajesh Singh's Baahubalis Of Indian Politics: From Bullet To Ballot.
Gopalakrishna's name was in the reckoning for Deputy Governor in place of Anand Sinha who retired in January.
The Jalan panel has recommended to the RBI to keep shady entities out of banking licence race.
An action on the rate front is unlikely to figure in Rajan's plan for the moment.
More than 30 entities, including brokers and high net worth individuals, have come under the scanner of market watchdog Sebi for unusual trading activities on the day of Lok Sabha election results.
'Not many know I am a Rajput from Jodhpur.' 'My ancestors shifted to Kolhapur as my great grandfather and grandfather were both engineers.' 'They were called by Chhatrapati Shahu Maharaj to build the city of Kolhapur.'
'Mr Modi would compliment a Nobel Prize winner, but members of his party or the government would not be restrained from either making unfair comments or criticising him for having offered advice to an Opposition political party,' says A K Bhattacharya.
The Financial Stability and Development Council members include heads of regulatory bodies like RBI, Sebi and Insurance Regulatory Development Authority.
Upfront payment of Rs 32,000 cr just half of Budget estimate; no takers for 700 & 900 megahertz bands
With his strong views on Bharatiya economics, his appointment to the RBI board may well presage interesting times, says Archis Mohan.
Three policymakers aware of the central bank's deliberations on the Budget said they are combing through the numbers to test how Jaitley struck a balance, and question some of the assumptions.
Raghuram Rajan has appointed him as head of several committees soon after taking charge.
A group of high-powered individuals led by Anand Mahindra have come together to set up Krea university. The campus is expected to be ready by 2019 and the first batch of 100 to 125 students will commence classes in August next year.
This was at a meeting of the Financial Stability and Development Council, chaired by him. Chidambaram, set to resign on Friday to make way for his successor, called upon the regulators and the ministry to be ready and take necessary action.
Erstwhile RBI governors, including Raghuram Rajan never had cordial relations with the government.
Though the Cabinet reshuffle on July 5 has a clear stamp of the Prime Minister's Office, the changes have also increased the coherence between the Bharatiya Janata Party, the government and the Rashtriya Swayamsevak Sangh.
While Raghuram Rajan has said in the past that other factors, including domestic fundamentals, outweigh the US Fed policy meet, this time it would be different
Aseem Chhabra picks the finest Indian films in the 2010-2019 decade.
The FM could scrap the secrecy around tax rates.
From a national point of view, inflation is the biggest threat posed by finance ministers.
This gains importance in the backdrop of speculation on a second term for Raghuram Rajan.
The MPC states that the 4 external members will have a tenure of four years each.
Mundra fills the vacancy created by the retirement of KC Chakrabarty in April, two months before his five-year tenure was come to an end.
Jaitley's team presents a quintessential mix of foreign-educated, intellectual technocrats and seasoned bureaucrats
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