NITI Aayog's Rajiv Kumar accused former prime minister Manmohan Singh and senior Congress leader P Chidambaram of creating a 'false narrative'
Government spokesperson and Information and Public Relations Minister Sapam Rajan said that the government is making efforts towards this end.
Tata Motors owned Jaguar Land Rover will start producing its Range Rover and Range Rover Sport in India, marking a first for the iconic models in their 54-year long history, to be rolled out from a country outside of the UK. Till now the two models were only produced in Jaguar Land Rover's Solihull plant in the UK and then exported to around 121 markets globally, including India.
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The truth is the government and the Reserve Bank enjoy a free, frank and cordial relationship.
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The year-end should not be a time for any spectacular changes in the banking system and must pass smoothly, Rajan told reporters after announcing the bi-monthly monetary policy, which left key policy rates unchanged.
Rate cuts are a natural consequence that the RBI has no hesitancy in delivering.
He endorsed transparency and financial stability in addition to issues related to inclusive growth and development, write Puran Singh and Nupur Pavan Bang.
India is better prepared to deal with any further US Fed tapering, but the country needs to remain vigilant to face eventualities, Reserve Bank Governor Raghuram Rajan said.
Raghuram Rajan panel report has made a case for ending the 'special category' criteria.
Media has gone beyond its traditional boundaries.
Dr Rajan has clearly sought to establish his credentials as an inflation fighter and the action should be seen as an indication of how monetary policy will operate during his term.
The agency says that it is exempted from the Right to Information Act.
Sunrisers Hyderabad will look to unleash their brute batting power on struggling Royal Challengers Bengaluru when the two teams face off in their return-leg fixture of the IPL in Hyderabad on Thursday.
Rajan's appointment will be perceived as a positive development.
The Reserve Bank of India had taken steps to tighten liquidity in a bid to curb volatility in the forex market after the rupee fell to a record low of 61.21 to the dollar on July 8.
It would be beneficial for the economy to hold on to high interest rates till inflation numbers are under control.
Over to the government how they manage the uncertainty of monsoon and revive spending in order to entice RBI for another round of rate cuts
Lauding the pro-reforms approach adopted by Reserve Bank of India Governor Raghuram Rajan, industry body Confederation of Indian Industry on Thursday expressed the hope that the central bank would shift towards an expansionary monetary policy by cutting interest rates to stimulate growth.
The Centre's fiscal consolidation resolve led to the cut in banks' mandatory SLR for the second time in a row, RBI Governor Raghuram Rajan said on Tuesday, hinting at more such liquidity enhancing steps in tandem with the government's action on fiscal deficit.
The rupee has also risen during the period and is now trading below the crucial Rs 60 against the dollar mark.
The RBI guv said global economy is actually recovering, though slowly
Given their stability, the rupee and the renminbi (Chinese currency) -- when made convertible -- could well emerge as substitute currencies which countries will hold their reserves, stated Raghuram Rajan, Economic Advisor to the Prime Minister and Professor of Finance at the Chicago Graduate School of Business, on Wednesday.
All eyes are on new Reserve Bank Governor Raghuram Rajan who will come out with his maiden monetary policy review on Friday amid conflicting demands for rate cut and an urgent need to contain inflation which soared to 6-month high of 6.1 per cent in August.
Indian family-run business houses have in recent years seen ugly public spats between owners over control. But metals-to-ports conglomerate Essar's Ruia family seems to be an exception. Three generations of the Ruia family - founder brother Shashi and Ravi Ruia, their children and grandchildren - continue to live under one roof and jointly run the business empire.
Rajan, further said, the government was not contemplating more steps to curb gold import, and significant reduction was likely in June.
The RBI kept its key policy repo rate unchanged at 8.0 percent in its recent monetary policy.
Last August, RBI gave in-principle approval to 11 applicants.
Rajan, who will complete a month as the governor of Reserve Bank of India on Friday has already succeeded in restoring calm in the foreign exchange market.
On September 4, at a time when the rupee was the worst performer among Asian currencies, Raghuram Rajan took charge as RBI's governor.
RBI governor Raghuram Rajan says, laws must be tightened for freeloaders.
Journalist Jigna Vora, arrested in the murder of senior crime reporter J Dey, invited the suspicion of investigators when she claimed she never spoke to gangster Chhota Rajan on phone, an assertion not backed by facts, police said on Monday.
The exercise will continue till 6 pm in all the polling stations except those in Maoist-affected areas of Balaghat, Mandla and Dindori districts where it ended at 3 pm, an official said.
Nikhalje was arrested under Maharashtra Control of Organised Crime Act in 2005 and spent two years behind bars
Raghuram Rajan on Tuesday said the central bank cannot ask them to lower the rates.
RBI data show one-fifth of all the infrastructure loans are stressed and the share of such loans in overall stressed assets is nearly a third.
RCB on paper look like a team that can make it to the playoffs and with Dinesh Karthik playing his last IPL, Faf turning 40 and Kohli and Maxwell in their mid-thirties, the Challengers will be determined to win it for the veterans of the team.
The vehicle, a Tavera, was on its way to Jammu from Srinagar and it fell into a 300-foot gorge at the Battery Cheshma area of the district around 1.15 am, they said.
Gujarat Giants will be wary of Royal Challengers Bengaluru's newfound firepower in the middle-order when the teams clash in the Indian Premier League in Ahmedabad on Sunday.
Yash Dhull was on Monday removed as Delhi captain, hours after the team suffered a heavy defeat against Puducherry in their Ranji Trophy opening match.
Rajan Committee has evoked divergent reactions from the states.
