Though Indian banks don't have large exposure to subprime mortgages, analysts are worried at the rise in their restructured loan portfolios and deterioration in credit quality.
As corporate India prepares to put its house in order, the transition raises concerns
A ministry spokesperson said he wasn't aware of the development.
While he has plenty of critics at home, Rajan is a favourite among foreign investors and has been credited for bringing inflation under control.
Even before Prime Minister Narendra Modi swept to power in 2014, Subramanian Swamy was agitating for Rajan's removal.
Close on the heels of Boeing's defence of India to the US International Trade Commission's investigation into India's trade, investment and industrial policies, IBM has also sprung to New Delhi's defence in an otherwise sea of criticism of India's violations of intellectual property rights, local content requirements, among other issues of concern to US business and industry.
With the Sensex again nearing 28,000 points, investors can make good returns with a one-two year horizon.
'Prime Minister Modi has initiated a host of reforms in the right direction, and I would like to see that continuing.'
Most analysts, who have long stopped covering UB stocks because of continuing troubles, were surprised to see a sudden spike of up to 20 per cent in their share prices on Tuesday.
Make in India campaign has huge potential.
India's plans to relax foreign direct investment (FDI) rules across a broad spectrum of industries have received the final approval from the Cabinet Committee of Economic Affairs (CCEA).
Online retail is increasing market share rapidly.
Business opportunity after phased diesel deregulation the main trigger.
The market benchmark appears set to end 2013 on a positive note with a modest gain of over 7 per cent, but such gains are not to be seen in a majority of stocks available in the market, which predominantly include those of mid-size and smaller companies, shows an analysis of various indices.
'Narendra Modi knows how to calculate and remain pragmatic. Take the unexpected Rafale deal - perhaps the first time a PM has considered the country's defence procurement as a priority, over the considerations of the babus... and over his own pet project 'Make in India',' says Claude Arpi.
Why did Modi bypass the Cabinet before he committed India to the Rafale deal?
RBI awaits fiscal stance, inflation to cool off to decide on rates.
Sensex ended strong, Tata Steel, HUL climb higher.
Marking a breakthrough in the protracted talks in the French Rafale jet deal, Prime Minister Narendra Modi announced on Friday that India will purchase 36 of these fighter planes that are ready to fly, citing critical operational requirement of the Indian Air Force.
The 30-share Sensex is down 359 points at 26,378 and the Nifty has dropped 78 points to trade at 7,883
Prime Minister Narendra Modi on range of issues -- from Rafale deal to Ram temple and triple talaq.
Tiger Woods appears to be unmatchable in appeal, even when he does not play well as at this year's Masters.
Lt Governor says discoms must cooperate or face cancellation of licences. Ficci cries interference.
