Here is some background on the candidates seen as potential successors to Rajan at the RBI
'It is necessary to have a person at the top who can make strict decisions without hesitation. Modiji has done that.'
Experts recommend awaiting the findings of the 2021 Census, which is yet to be conducted, before introducing population control policies.
The Bharatiya Janata Party on Monday released its second list for the upcoming assembly polls in Madhya Pradesh, fielding three Union ministers.
Indian Council of Medical Research had also recommended the use of hydroxychloroquine for treating healthcare workers handling suspected or confirmed coronavirus cases and also the asymptomatic household contacts of the lab-confirmed cases.
Traditionally, Prime Minister picks the RBI Governor after consultation with the finance minister.
Panagariya, who heads the government's main economic advisory body NITI Aayog, is also India's Group of 20 summit negotiator
Indeed, there were frauds, and the politician-banker-industrialist nexus played a role in the rise of NPAs, but governance issues in Indian banking are far more nuanced and complex, reveals Tamal Bandyopadhyay.
Most central banks across the world have around 5-7 years of tenure for the governor and deputy governors.
India will export anti-malarial drug hydroxychloroquine, high in demand globally, only to foreign governments and not to private companies, as the product is under prohibited or banned category of exports, sources said. Although exports of this medicine is completely banned, India has decided to export this anti-malarial drug in sync with its global commitment to deal with the coronavirus pandemic.
The agency has booked Sisodia, a 1992-batch IRS officer Sukesh Kumar Jain who was then secretary of vigilance, retired CISF DIG Rakesh Kumar Sinha who was working as special advisor to Chief Minister Arvind Kejriwal and joint director in the Feedback Unit, they said.
India's export basket for Pakistan has a limited portfolio as Pakistan has not given 'most favoured nation' status to New Delhi and such goods have ready market in South Asia and the Middle East.
As one moves towards Vadnagar, local issues such as high prices of cattle feed and inflation becomes louder.
Removal of this status means India can now enhance customs duties to any level on goods coming from Pakistan.
Forced into the confinement of jail after his bail plea was rejected, self-styled godman Asaram Bapu on Wednesday sought for his routine diet, gangajal and a special bed besides other facilities which were denied by the jail administration.
Modi will also need to reconcile market demands with those from forces within his own administration
Political analysts say the Congress's approach of taking the marginalised sections together has helped it in winning tribal-dominated seats, while the BJP will have to do a rethinking to win in Vyara, considering the social dynamics in this aAssembly segment.
A high-level panel led by former RBI governor Bimal Jalan, set up to decide the appropriate capital reserves that the central bank should maintain, on Wednesday finalised its report.
India needs to make use of this opportunity to significantly enhance its exports especially in information and communications technology and the automotive sector.
We have a government with an extremely weak economic team advising a PM who hardly pays attention to their thoughts, says Jayanta Roy.
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The development comes after the National Democratic Alliance government this year broke a 92-year-old tradition of presenting a separate Railway Budget, according to suggestions made by the Debroy committee.
Acharya emphasised that the time is "really ripe" for land, labour and agricultural reforms in India.
Dr Rakesh Mohan, former RBI deputy governor, and Dr Pronab Sen, former chairman of the Indian Statistical Commission discuss the issues facing the Indian rural and manufacturing sectors and what the government must possibly do to improve demand and perk up the Indian economy
Samajwadi Party patriarch Mulayam Singh Yadav is among six personalities chosen for this year's Padma Vibhushan.
'This is happening regardless of the Budget.'
Filmmaker J Om Prakash passed into the ages on Wednesday morning. He was 92.
DBS called Rajan's decision not to seek an extension as a 'negative surprise'.
The ones who came more recently were clutching the green cards that gave them an escape hatch through which to return to green pastures: Arvind Panagariya, Raghuram Rajan, Arvind Subramanian and other perfectly honourable gentlemen like them, points out T N Ninan.
The pipeline for well-qualified and experienced policy economists at senior levels of government has broken, leading to a growing dearth of suitable candidates for top economist positions.
Kaushik Basu, whose stint at the World Bank ends on July 31, was being looked at as a serious contender, the sources said
'What do the moves towards protectionism suggest?' 'That we do not have Aatmavishwas.' 'If you have self-confidence, confidence in your ability to compete with the best in the world, why do you need protectionism?'
The Centre's proposal to call for governance reform in the RBI could, however, take a back seat, a source privy to the development said.
The main difference of opinion between RBI and FinMin is over the transfer of the RBI's 'excess' capital reserves. The Jalan panel seeks to convince finance secretary Subhash Garg to soften his dissent note language. The move is aimed at maintaining the now-cordial relations between the RBI and the finance ministry.
Concerned by GDP slowdown and unrealistic tax targets, the economists urged Finance Minister Nirmala Sitharaman to implement long-term structural steps like land and labour reforms. Warning against any off-Budget financing the economists said the government should prepare a statement of intent for its social, rural and welfare sector expenditure.
A round-up of Day 2 of the Ranji Trophy matches played on Wednesday.
The former RBI deputy governor talked about the prospects of an economic revival, reforms in IMF, etc.
The man who ran Mohan Meakin for over four decades was a teetotaller.
The government planned to borrow 10-15 per cent of the total borrowing offshore. That works out to at least Rs 71,000 crore, or about $10.4 billion at Friday's exchange rate.
So what is keeping movie folk busy during the lockdown?
Corporatisation of NHAI was one of the achievements of the NDA govt.
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