Former Banque de France head Jacques de Larosire was given the Lifetime Achievement Award for his lengthy struggle for monetary order, the magazine said in a statement on Monday.
In his address at a conference of state secretaries, Rajan stressed the need to strengthen state-level coordination committees by ensuring participation, conducting meetings more frequently and sharing quality information among all stakeholders, including state government agencies.
Most economists feel the RBI has room for a 25-basis point cut, having met inflation targets comfortably
According to Subbarao, the pressure on the currency was inevitable.
'Raghuram Rajan's contribution to the country's economy is "exemplary" and he would always be remembered for his outstanding work.'
The government's critics say that the Prime Minister failed to rein in vicious and unprecedented personal attacks on the central bank chief by the likes of Rajya Sabha MP Subramanian Swamy.
Reserve Bank Governor Raghuram Rajan today criticised multilateral institutions like the IMF and the World Bank saying "they are not immune to cognitive capture".
Local residents have stressed that land acquisition for rehabilitation must be completed promptly, as it has been delayed after estate owners challenged it in the Kerala high court.
Several people are still feared trapped in the debris after a series of landslides that occurred in Chooralmala and Mundakkai of Wayanad.
"The court has framed charges under MCOCA against Rajan and he has pleaded innocence," said a Central Bureau of Investigation official.
The academic prize is sponsored by the Deutsche Bank Donation Fund and carries an endowment of euro 50,000.
Between tons of sexual innuendo and Kapil Sharma brand of slapstick gags characterised in loud caricatures, moronic behaviour, flimsy wigs and cartoonish rhythm, Vicky Vidya Ka Woh Wala Video's jarring notions of exuberance have nothing novel to offer, groans Sukanya Verma.
The RBI targets inflation at 6 percent by January 2016 and 4 percent for 2017/18.
The government and the RBI are working together to tackle the country's economic problems but there is no "magic wand" to fix them, said Raghuram Rajan, who will take over as central bank governor next month.
The new visa-free regime allows travellers to stay for up to 60 days instead of only 15 earlier.
The framing of charges against Rajan paves the way for the trial, five years after the veteran investigative journalist was shot dead in suburban Powai in 2011.
Traditionally, Prime Minister picks the RBI Governor after consultation with the finance minister.
A top Finance Ministry source, however, said no discussion has taken place in the government so far on whether to extend Rajan's tenure or not.
Anandan, also an investor in multiple start-ups, is slated to join venture fund Sequoia Capital.
The first signs of growing bonhomie between Modi and Rajan came early last year, when Modi called Rajan the "best teacher" for explaining complex economic issues to him.
Rajan's total 'monthly emoluments' stands at Rs 198,700
Raghuram Rajan said the passage of the GST Bill augurs well for the growing political consensus for economic reforms.
'Rajan brought in a healthy air of competition in the banking sector.'
'There will be no serious effect on Indian economy because one person, one man, however powerful, however influential, however great, cannot have an impact on an economy as big and complex as India.'
Additional Chief Secretary K P Bakshi told reporters at a hurriedly-called press conference that all the cases against 55-year old Rajan, who has been deported from Indonesia, are being transferred to CBI because of its expertise in "handling transnational crimes".
The 55-year-old gangster was taken straight to the CBI headquarters where he was quizzed on Dawood Ibrahim, India's most-wanted terrorist.
Prime Minister Narendra Modi defended Mr Rajan, but it would be debated why he took so long to dub criticisms like those against the RBI governor as improper.
'Rajan's exit will have a great impact on the economy.'
Security has been stepped up in and around Jail no 2 of Tihar prison where underworld don Chhota Rajan was lodged on Thursday after being remanded in a 14-day judicial custody.
Union Minister Nirmala Sitharaman was on Monday critical of RBI Governor Raghuram Rajan's description of Indian economy as the "one-eyed king in the land of the blind", saying better words should have been used.
The court will on Tuesday hear arguments on the quantum of sentence to be awarded to the convicts.
Rajan has shifted from the conventional ground floor room occupied by CEAs to a room on the first floor, adjacent to Chidambaram's office.
Rajan tells RBI colleagues he will be returning to academics
Rajan is lodged in Tihar Jail in New Delhi. The other three persons, who were out on bail, were taken into custody on Monday after the verdict was announced.
The country has a long way to go before it claims to have arrived, he said.
RBI Governor Raghuram Rajan said that consolidated fiscal deficit of the Centre and states rose to 7.2 per cent in 2015 from 7 per cent in the previous year.
Gangster Chhota Rajan, prime accused in the journalist J Dey murder case, thought that the veteran crime reporter was working for his rival Dawood Ibrahim and Pakistan's spi agency Inter-Services Intelligence, according to the chargesheet filed by the Central Bureau of Investigation.
He said the short term macroeconomic priorities of the RBI continue to focus on bringing down inflation towards the government-set target of 4 per cent
Rajan has set March 2017 as the deadline for banks to clean up their balance sheets.
Maharashtra Chief Minister Devendra Fadnavis on Tuesday said that underworld don Chhota Rajan, who was nabbed at Bali airport on his arrival from Australia last month, will be brought to Mumbai.