Rajan, as expected, furthered his predecessors' agenda and continued with the same resolution to make India's financial system safer, and direct the economy towards further liberalisation
Rajan said that even though inflation has breached the 6 per cent mark as against the RBI target of getting it down to 5 per cent by March 2017, the price rise scenario will ebb in future
'I would say restore the banks to health, get active board composed of professionals, then there will be an ideal situation for merger.'
Gujarat Giants will be wary of Royal Challengers Bengaluru's newfound firepower in the middle-order when the teams clash in the Indian Premier League in Ahmedabad on Sunday.
There is a sharp difference between the total remuneration paid at the public sector and private sector entities
Revealing his original name to immigration authorities when asked to step out of the queue at Bali in Indonesia landed underworld don Chhota Rajan in the security net and he was arrested soon after.
From a maths perspective, Royal Challengers Bengaluru and Gujarat Titans can still reach the IPL playoffs, but they need to ward off inner gremlins on Saturday to notch a mandatory win to keep that dream flickering.
The Tamil Nadu government will constitute an 'economic advisory council' to the chief minister comprising Nobel laureates, former Reserve Bank of India governor and other economic experts from around the globe to advise the state on how to reverse the economic slowdown.
To the question on what comes first, clean up or growth, Rajan said the answer is unambiguously 'Clean up!'
This will be the first major electoral test after the political realignment that emerged in 2019.
Zzungry said it had introduced limited edition of 'Ulundu kozhukattai' and 'Kova kozhukattai' that are inspired from the cuisines of two states that hold great relevance in the life of Raghuram Rajan.
Inheritance tax only helps the lawyers: Rajan
Never one to mince words, Rajan will walk away with a mixed legacy
Subramanian Swamy has been critical of Rajan for not lowering interest rates earlier to boost growth.
Rajan said an interest rate cut won't by itself lead to higher economic growth
The vehicle, a Tavera, was on its way to Jammu from Srinagar and it fell into a 300-foot gorge at the Battery Cheshma area of the district around 1.15 am, they said.
Anandan, also an investor in multiple start-ups, is slated to join venture fund Sequoia Capital.
Guruvayoorambala Nadayil is a no-holds-barred, silly comedy that will keep you glued to the screen even when the going gets tough towards the end but the smile on your face will not leave, observes Arjun Menon.
Pushed into a tight corner, Royal Challengers Bengaluru rose above their frailties to notch four wins on the trot and stay alive in the race to play-offs. However, a volatile Delhi Capitals offer them a different challenge in their penultimate IPL league match in Bengaluru on Sunday.
Raghuram Rajan's signal of a neutral stance is at odds with concerns about inflation and markets' revised expectation of more increases in the repo rate
DBS called Rajan's decision not to seek an extension as a 'negative surprise'.
RCB on paper look like a team that can make it to the playoffs and with Dinesh Karthik playing his last IPL, Faf turning 40 and Kohli and Maxwell in their mid-thirties, the Challengers will be determined to win it for the veterans of the team.
"I think the Governor has been doing a great job for the country and we would certainly see it as a very positive move if he were reappointed," Naushad Forbes, president, CII.
Following up on his barb last week that Rajan should be sent back to Chicago, BJP MP Subramanian Swamy has written a letter to the Prime Minister saying how a person appointed by the UPA government should be continued in the post.
Raghuram Rajan rejected the argument that inflation has come down largely because of "good luck" stemming from low oil prices.
Most economists feel the RBI has room for a 25-basis point cut, having met inflation targets comfortably
'Raghuram Rajan's contribution to the country's economy is "exemplary" and he would always be remembered for his outstanding work.'
According to Subbarao, the pressure on the currency was inevitable.
Royal Challengers Bengaluru's IPL campaign that began with optimism has melted into chaos. Their bowlers require a drastic transformation in mindset against Sunrisers Hyderabad for them to register an elusive win in Bengaluru on Monday.
The government's critics say that the Prime Minister failed to rein in vicious and unprecedented personal attacks on the central bank chief by the likes of Rajya Sabha MP Subramanian Swamy.
Former Banque de France head Jacques de Larosire was given the Lifetime Achievement Award for his lengthy struggle for monetary order, the magazine said in a statement on Monday.
"The court has framed charges under MCOCA against Rajan and he has pleaded innocence," said a Central Bureau of Investigation official.
In his address at a conference of state secretaries, Rajan stressed the need to strengthen state-level coordination committees by ensuring participation, conducting meetings more frequently and sharing quality information among all stakeholders, including state government agencies.
The framing of charges against Rajan paves the way for the trial, five years after the veteran investigative journalist was shot dead in suburban Powai in 2011.
Delhi Chief Minister Arvind Kejriwal, who was sent to Tihar Jail after a court remanded him in judicial custody till April 15 in the excise policy case, will remain under 24x7 watch with CCTV cameras in his cell and could watch TV and read books, officials said.
Traditionally, Prime Minister picks the RBI Governor after consultation with the finance minister.
A top Finance Ministry source, however, said no discussion has taken place in the government so far on whether to extend Rajan's tenure or not.
Former RBI governor Raghuram Rajan, who faced a stinging attack from Finance Minister Nirmala Sitharaman for presiding over the "worst phase" of the Indian banking sector, on Thursday reminded her that two-third of his tenure as the head of the central bank was under the Bharatiya Janata Party government.
The RBI targets inflation at 6 percent by January 2016 and 4 percent for 2017/18.
The first signs of growing bonhomie between Modi and Rajan came early last year, when Modi called Rajan the "best teacher" for explaining complex economic issues to him.
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