Dey, a veteran crime reporter, had planned a book, titled 'Chindi -- Rags to Riches', wherein he was going to write the stories of 20 gangsters with humble origins.
After opting for status quo in policy rates, Reserve Bank Governor Raghuram Rajan on Tuesday said any more cut will depend on further transmission of previous rate cuts by banks, softening in inflation and progress of monsoon.
Indian economy has good fundamentals and sizeable foreign reserves, RBI Governor Raghuram rajan said.
Rajan encouraged the Indian-American business community to get involved in the 'nitty gritty of the implementation process,' saying such involvement was not difficult especially since the Indian government has the political will to reform.
The RBI's bi-monthly policy review on June 3 will be the first after Prime Minister Narendra Modi assumed office on May 26.
Rajan is an acknowledged academic, author and intellectual. He spoke on issues which are in the public domain, said Chidambaram
Hailing the announcement of Raghuram G Rajan as the new RBI Governor, India Inc on Tuesday said the appointment of the former IMF Chief Economist will help bring the economy back on growth path.
Raghuram Rajan, who was Chief Economic Advisor in the Finance Ministry before taking over as RBI Governor on September 4, is scheduled to announce the next mid-quarter policy review on December 18.
RBI Governor Raghuram Rajan wanted to improve training for staff, through initiatives such as sending them to other central banks for short stints.
Security agencies have decided to bring arrested gangster Chhota Rajan to New Delhi with the Central Bureau of Investigation keeping him in custody for initial period before any other police force is allowed to take him for their respective investigations.
RBI Governor cautioned against more volatility.
Palanivel Thiaga Rajan was on Thursday relieved of the finance portfolio by Tamil Nadu Chief Minister M K Stalin.
'With passage of time, Kamal did move away from the humdrum of commercial cinema, using it only as a peg to launch a new concept or new technology, as no other actor/film-maker has done in Indian cinema.' N Sathiya Moorthy assesses the career and politics of movie legend Kamal Haasan on his 70th brthday.
Giving details of Rajan's 'course schedule' for 2016-17, Chicago Booth School said this course will explore the challenges of corporate finance and investment in a more integrated global economy.
Raghuram Rajan, said, the scourge of loan losses "had a tendency to increase, get too big to ignore, too late to manage, and push the system into crisis".
'The RBI risks becoming dangerously weakened, as successive governments and finance ministers have misunderstood its role'.
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.
He warned low interest rates globally could distort markets and would be difficult to abandon
In January 2003, the American Finance Association awarded Rajan the inaugural Fischer Black Prize for the best finance researcher under the age of 40.
It is the government and its policies and attitude toward FDI that is at the root of the problem.
The three years at the Reserve Bank have mostly been a string of success stories for Rajan, gaining him common man's adulation even as the free-thinker in him made a few foes who matter more in the corridors of power
If companies get into trouble, the loan becomes a non-performing asset and "we very much want these assets to be back on track," Raghuram Rajan said.
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.
Rediff.com takes its readers through the various moods of Raghuram Rajan.
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The central bank will come out with two measures on restructuring to tackle financial stress, Rajan said.
"Now I get credit for the idea which actually I neither invented nor actually believed in," he said.
Subdued exports remain an area of concern.
Because of Rajan's policies, the banking system has mustered enough courage to disclose their toxic assets
RBI says, it cut rates as growth was not happening at ground level.
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.
Inflation target remains 5% for January 2017.
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On India achieving higher growth, Rajan said 9 per cent, which is the widely believed potential growth rate of the economy, is still some time away.
Rajan said India's good economic fundamentals would allow it to overcome any 'sharp corrections' in global markets
RBI governor Raghuram Rajan and the government are working towards financial inclusion.
Urjit Patel's reappointment will raise market hopes that Rajan, will also be offered an extension when his tenure ends in September.
The RBI Governor brought down retail inflation to 3.8% in July.
Rajan said RBI is in the process of creating a framework which will make the sustainable growth possible.
When asked if he sees himself back in Chicago, he said, "Yeah, Chicago has been kind to me over my history".
