"I don't think this administrative subject should be an issue of interest to the media," Modi said.
Also says PSU banks divestment to be considered after improvement in governance
Indian family-run business houses have in recent years seen ugly public spats between owners over control. But metals-to-ports conglomerate Essar's Ruia family seems to be an exception. Three generations of the Ruia family - founder brother Shashi and Ravi Ruia, their children and grandchildren - continue to live under one roof and jointly run the business empire.
Raghuram Rajan's exit reminds Syed Firdaus Ashraf of Kafka's The Trial.
After his decision to return back to academia, there have been voices suggesting that his candid public speeches were one of the aspects which made the government uncomfortable about reappointing Rajan for another term
In 2013, India suffered its worst currency crisis in more than two decades but has regained the confidence of foreign investors in part after its current account deficit has narrowed sharply and its foreign exchange reserves hit a record high
The Reserve Bank has reduced interest rate by 150 bps since January 2015.
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 there will be some volatility, but once the initial bout or wave abates, people will look for good fundamentals
Raghuram Rajan, whose current three-year tenure ends on September 4, has already said no to a second term.
Rajan said too many infra projects do not have forex earnings thus are unable to pay in dollars or yen
Inflation is a big concern for India, says RBI chief Raghuram Rajan.
RBI ex-governor's book on 'those turbulent but exciting times' to be launched on Sept 5 in Chennai.
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.
'The 'Off-with-Rajan's-head' brigade bases its arguments on mistaken beliefs, erroneous causalities, and even downright prejudice.'
Pujari is allegedly involved in eight serious cases in Mumbai, including firing, extortion and murder. A resident of Tagore Nagar in Vikhroli, he had fled from the country years ago. He had allegedly targeted builders and businessmen in eastern Mumbai, the crime branch official said.
Rajan, Swamy alleged, is a member of US dominated Group of 30.
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.
Though Nobel Prize nominations have been a secret for 50 years, speculation abounds over the contenders for this year's prize in economics.
Sunrisers Hyderabad will look to unleash their brute batting power on struggling Royal Challengers Bengaluru when the two teams face off in their return-leg fixture of the IPL in Hyderabad on Thursday.
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.
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.
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.
Indian economy grew at 7.9 per cent in fourth quarter of 2015-16.
"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.
'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'
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.
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.
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.
Rajan sees banks passing on the benefit of lower rates regime to customers.
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.
RBI Governor Raghuram Rajan plans to write on 'academic issues' after leaving the Reserve Bank.
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.
"Let people pay, but if they don't pay, go after them"
The dealers operating in the space have jumped nearly three times over the past two years.
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.
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