The government is likely to name a successor to Rajan sometime this month
The new government will face four big challenges -- subdued growth, the fiscal and current account deficits and sticky inflation, RBI Governor Raghuram Rajan said.
Rajan rules out picking unconventional tools to tame inflation
The four alleged contract killers, identified as Robinson, Junaid, Yunus and Manish, were arrested on June 3 following which they were sent to police remand and interrogated for five days.
Retail inflation was at a 25-month low of 8.1 per cent in February.
Their research paper on aid by rich nations got leaked
Experts applaud RBI governor RAghuram Rajan for his good work.
The progress we made in recent past should not detract us from making further structural reforms: Rajan
RBI governor advises students to not take advantage of economic freedom
Second authentication for small value payments through credit cards can be reduced subject to conditions.
The current account deficit, which is the difference between inflow and outflow of foreign exchange, rose to a record high of 4.8 per cent of GDP in 2012-13, from 2.8 per cent in 2010-11.
According to Bali police sources, decks have been cleared for his return, but volcanic eruption at Mount Rinjani led to cancellation of all flights.
India Inc on Wednesday said it looked forward to the new RBI Governor Raghuram Rajan initiating cut in interest rates and improving credit flow to crucial sectors like infrastructure to put economy back on high-growth path.
Vigilance and anti-corruption officials on Saturday conducted searches at seven premises of Suresh Rajan in Kanyamkumari and Tirunelveli districts on charges of possessing disproportionate assets, the sixth former Dravida Munnetra Kazhagam minister to come under the scanner.
Days ahead of the Budget, Reserve Bank Governor Raghuram Rajan on Wednesday pitched for increasing the tax exemption limit on financial investments by individuals from Rs 1.5 lakh a year.
It's time the regulator did some introspection.
India imposes restrictions on how much money its citizens and companies can invest abroad
Rollback of July tightening measures indicates comfort on currency but a repo rate hike is around the corner.
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Rajan, the academic-turned-central banker who is credited with predicting the global financial crisis, said that voicing of views will have positive effects.
The RPI-A is an ally of the Bharatiya Janata Party.
Rajan posed the question while speaking at the annual leadership conference in Mumbai National Association of Software and Services Companies.
RBI governor Raghuram Rajan is clear about cleaning up the mess in the banking system.
Raghuram Rajan said on Friday it is not clear India needs a so-called "bad bank.
The Reserve Bank of India Governor Raghuram Rajan said bringing down inflation would help stabilise the rupee.
The Governor had submitted his report to the Public Accounts Committee and put the blame on 'overall economic downturn'
Rajan said that despite easy liquidity, banks have passed rate cuts into lending rates modestly.
The Congress on Friday claimed that that "vitriolic tirade" against RBI Governor Raghuram Rajan by Subramanian Swamy has the "full backing" of NDA government and Bharatiya Janata Party.
The aim of his visit was to explore how financial institutions can be co-opted in reviving the local economy.
Chhota Rajan, one of India's most wanted gangster, has been arrested in the tourist town of Bali, Indonesia on a Red Corner Notice issued by Interpol after eluding law enforcement agencies for over two decades.
With the setting of MPC, the interest rate setting powers would move from RBI Governor to the panel.
Rajan said that demand needs to be reduced without having severe effects on investment and supply.
New RBI Governor Raghuram Rajan on Wednesday came out with a slew of measures, including more trade settlement in rupees to rescue the battered financial markets and hinted at a shift in focus from inflation control, doggedly pursued by his predecessor, to boosting growth.
The appointment of Rajan, a former chief economist of the International Monetary Fund and now a professor of finance at University of Chicago, comes at a time when India, like most of the world economies, is grappling with the impact of the global credit crisis.
Amazon Prime Video has announced a huge number of assorted Web series and movies, and the slate sure looks interesting.
India is gearing up to introduce a six-member monetary policy committee that would vote on interest rates.
A student of IIT-Benares Hindu University, Varanasi, was allegedly molested and stripped by three motorcycle-borne men, who also recorded a video of the act, near her hostel, the police said on Thursday.
He also affirmed that over time, as the government finances improve, the SLR will be brought down further.
Reserve Bank of India (RBI) Governor Raghuram Rajan has set himself a target of lowering consumer inflation and is even ready to raise rates to achieve it, risking friction with the new government, if he is seen as overstepping.
Fugitive gangster and drug smuggler Santosh Shetty has been arrested in Bangkok by the Thailand police. Mumbai crime branch officials took him into custody on Thursday.
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