Even if Modi had wanted Rajan out, the government could have done it with some finesse and tact.
The government seemed unhappy with Raghuram Rajan's interest rate policy.
Rescue teams on Friday used GPS coordinates from aerial drone pictures and cell phones, including the last location of people who lived in the landslides-hit areas of Wayanad to help locate survivors, amidst accelerated search operations after the completion of the 190-foot-long Bailey bridge by the Army.
Thanks to Rajan we are an inflation-targeting country now
'Cricket is like a circle, the smaller you keep it, the better it will be. You expand this circle more and you will find gaps.'
rediffGURU Krishna Kumar offers expert advice on how you can polish your skills and perform better at work.
'I think some of us, like Mukesh Ambani, myself and those of us who head industrial units, ought to really focus on what we can really do to make the world a safer place, maybe 50 or 100 years from now.' 'For instance, how can we deal with climate change and global warming, right now?' 'The effects of it may not be felt now; in fact, we may pay a price for it today, but it will help the generations to follow.'
As the global economy sways into uncertain territories and domestic prices almost certain to rise, Raghuram Rajan's ideas would have come in handy.
In a relief to former Mumbai police officer Pradeep Sharma, the Supreme Court on Monday said he need not surrender till further orders to undergo the life term awarded to him in a 2006 fake encounter case.
Six out of eight monetary policies announced by him during his entire tenure so far have been on Tuesdays
Rajan said the process of dialogue with the government did not reach a stage where he could have agreed to stay on
Of the eight RBI governors who have held office since the 1991 economic liberalisation, Bimal Jalan had the longest stint and S Venkitaramanan, the shortest. Current Governor Shaktikanta Das will overtake Bimal Jalan before completing his second term in December, points out Tamal Bandyopadhyay.
The country has come a long way in the process of financial inclusion, Raghuram Rajan said, but "still has a way to go".
The Central Bureau of Investigation has started questioning gangster Chhota Rajan in Tihar prison in connection with journalist Jyotirmoy Dey murder case.
Raghuram Rajan said the head of the central bank should have a fixed tenure of more than three years as the current term was too short.
Making light of his critics, he also said there are people who send him 'anonymous thank you notes' even when he on a plane.
'Helicopter drop' was first proposed as an alternative to quantitative easing.
Malayalee From India is trapped within its self-serving corniness and refuses to break free in the process, observes Arjun Menon.
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.'
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.
July has some interesting content on OTT, with quite a few original shows and movies premiering in the digital space.
To the question on what comes first, clean up or growth, Rajan said the answer is unambiguously 'Clean up!'
Inheritance tax only helps the lawyers: Rajan
Many exit polls have kept the incumbent Bharatiya Janata party ahead of the Congress in what was a straight contest between two main parties. Assembly polls were held in the state in a single phase on November 17.
Rajan said an interest rate cut won't by itself lead to higher economic growth
Never one to mince words, Rajan will walk away with a mixed legacy
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.
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
Subramanian Swamy has been critical of Rajan for not lowering interest rates earlier to boost growth.
Illicit liquor, narcotic drugs, cash, precious metals, gold, silver, jewellery and other materials worth about Rs 339.95 crore have been seized by the joint team of Flying Surveillance Team (FST), Static Surveillance Team (SST) and police, he said.
DBS called Rajan's decision not to seek an extension as a 'negative surprise'.
Indian startups are expected to raise $8-12 billion this year, a top official of venture capital firm Peak XV said on Monday, highlighting that the country's startup ecosystem is the most vibrant in the world. Speaking at StartUp Mahakumbh, Peak XV managing director Rajan Anandan said around $20 billion of private capital is lying uninvested and is committed for investment in private firms and startups in India.
"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.
Anandan, also an investor in multiple start-ups, is slated to join venture fund Sequoia Capital.
Most economists feel the RBI has room for a 25-basis point cut, having met inflation targets comfortably
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