Rajan said there will be some volatility, but once the initial bout or wave abates, people will look for good fundamentals
RBI ex-governor's book on 'those turbulent but exciting times' to be launched on Sept 5 in Chennai.
Raghuram Rajan, whose current three-year tenure ends on September 4, has already said no to a second term.
On the controversy surrounding the GDP numbers based on new calculations, he said statisticians have done as good a job as they can and economic growth is significantly high as costs have come down
Rajan said too many infra projects do not have forex earnings thus are unable to pay in dollars or yen
Bobat also backed England all-rounder Will Jacks to come in handy.
Inflation is a big concern for India, says RBI chief Raghuram Rajan.
The exercise will continue till 6 pm in all the polling stations except those in Maoist-affected areas of Balaghat, Mandla and Dindori districts where it ended at 3 pm, an official said.
Former Finance Minister P Chidambaram had said he was "disappointed and profoundly saddened" by Rajan's decision.
Seeking to guard investor returns from excessive exchange rate movements, RBI Governor Raghuram Rajan on Thursday said a move towards an inflation target of 4 per cent will help contain the currency market volatility.
Girish AD doesn't make romantic comedies so much as he elevates the genre, observes Sreehari Nair.
'The 'Off-with-Rajan's-head' brigade bases its arguments on mistaken beliefs, erroneous causalities, and even downright prejudice.'
Rajan, Swamy alleged, is a member of US dominated Group of 30.
Though Nobel Prize nominations have been a secret for 50 years, speculation abounds over the contenders for this year's prize in economics.
There is also a lobby within the bureaucracy that wants to see Rajan's influence curtailed
Rajan would slow down some of the expansion of money and it ought to have little effect on the real economy.
We require a very pivotal kind of leadership now from the central bank in order to work with the government
In an explosive claim, arrested underworld don Chhota Rajan on Tuesday alleged that some officials in the Mumbai police are working with India's most wanted terrorist Dawood Ibrahim.
Reserve Bank Governor Raghuram Rajan on Friday said the recent rally in the rupee is comforting but said the currency has not yet achieved stability which will only be reached when he stops keeping a "minute-by-minute" track of the unit.
RBI Governor Raghuram Rajan is regarded as credible by global financiers.
Former RBI Governor Subbarao blamed Chidambaram for undermining the autonomy of RBI and putting pressure on him to cut interest rates.
An inconsistent Royal Challengers Bengaluru would be eager to hit the turnaround button when they host Lucknow Super Giants, who will keep an eye on regular skipper KL Rahul's fitness, in the IPL in Bengaluru on Tuesday
Government spokesperson and Information and Public Relations Minister Sapam Rajan said that the government is making efforts towards this end.
Indian economy grew at 7.9 per cent in fourth quarter of 2015-16.
'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 says, this is a time where countries should be focusing on getting the macro stability in order
"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.
RBI Governor Raghuram Rajan plans to write on 'academic issues' after leaving the Reserve Bank.
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.
Rajan sees banks passing on the benefit of lower rates regime to customers.
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.
A fortnight after senior crime journalist Jyotirmoy Dey was shot dead, Mumbai police on Monday cracked the case claiming that underworld don Chhota Rajan was behind the murder, even as they remained tight-lipped about the motive.
"Let people pay, but if they don't pay, go after them"
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.
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.
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.
Rajan also said weak results from India's corporate suggested final demand is yet to pick up strongly.
"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.
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.
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
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances