Worries over Greece sparked a sell-off in emerging markets on Monday
The RBI announced its monetary policy on Tuesday.
'Ultimately, people will revolt at one time or the other.' 'You cannot feed the public with cultural issues forever.'
'Is this the only way for India to become a $5 trillion economy?' 'When you have unused foreign exchange here, why borrow more dollars?'
As inflation rate is near the upper limit of the comfort zone, experts rule out rate cuts anytime soon
The report said that "we believe, institutions are more important than individuals" and ultimately what is important is the credibility and the independence of any institution and nothing else.
Sectoral performance was mixed with media and PSU banking stocks attracting buyer interest and healthcare, FMCG and metal stocks bearing the brunt of the bears
Subramanian Swamy caused a flutter when he sought Arvind Subramanian's sacking for allegedly taking anti-India stance when he was an IMF economist in Washington.
Dhoot stated that Value Industries has not withdrawn the application and has only sought clarifications from RBI on certain issues.
Considering the economic downturn, the banking sector should help strengthen the cooperative sector to encourage small and medium industries and create jobs, Chavan said.
RBI governor Raghuram Rajan says, laws must be tightened for freeloaders.
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".
There are 350,000 jewellers, of which 13,000 are BIS-certified.
RBI Governor Raghuram Rajan on Friday defended his development index for measuring backwardness of states, saying the aim is to "encourage development" and "everything over and above that is a political spin."
An early choice will also allow Mr Rajan to do some hand-holding.
If you have answers to these, you need not worry about Britain's exit from the European Union, Raghuram Rajan's exit from the Reserve Bank of India or Narendra Modi's chances of re-election in 2019; your financial future will be safe, says P V Subramanyam
While Raghuram Rajan's departure under these circumstances is a pity, it would be wrong to conclude that the RBI or the economy cannot do without him.
'Here, after all, was a fine specimen of intelligence in the field that Adam Smith gave formal structure. And successful RR surely was as RBI chief.'
Mr Swamy has written letters to the Prime Minister's Office asking for Mr Rajan's services to be terminated.
With Raghuram Rajan not 'really there', the FinMin has decided to keep a watch on market developments this week with all key officials on the job.
Tomorrow's review could also turn out be the last policy anchored by Rajan if the proposed Monetary Policy Committee (MPC) is put in place before the next review due on August 9.
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The NPAs of banks stood at over Rs 3 lakh crore as on December 2014.
PM has asked the Reserve Bank to prepare a 20-year road map for financial inclusion
Banks may reduce their interest rates.
Rajan said in order to export, one needs to be able to import things that go into those exports as cheaply as it can.
The bank chiefs have also cancelled the customary media conference after the bi-annual policies.
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The Reserve Bank released a report on 'Banking Structure in India -- The Way Forward' in August 2013, which covered issues such as consolidation of large-sized banks with a view to have a few global-sized banks and the desirability and practicality of having small, localised banks as preferred vehicles for financial inclusion.
RBI governor also spoke on the ill effects of cutting interest rates too much
Observing that it is not yet clear to him what the government means by 'Atmanirbhar Bharat', Rajan said if it is about creating an environment for production, then it is a re-branding of the Make in India initiative.
Flagging the issue of lack of enough economists in the country, Reserve Bank India (RBI) Governor Raghuram Rajan has said the inability to get quality talent may be hurting policy making.
After months of denying there was a liquidity problem, Governor Raghuram Rajan has reversed course.
It would also be the last policy of Rajan
The local currency had gained 10 paise to close at 63.51.
A day after its bigger rival ICICI Bank cut its lending rate, the third-largest private lender, Axis Bank, on Friday lowered its base rate by 0.10 per cent to 9.85 per cent, effective June 30.
Fraudulent emails exhorting people to deposit cash for reward are on the rise.
The Indian government will present the annual budget for 2016-17 on February 29.
'The critics are getting carried away.' 'The challenge for the RBI is not any erosion of autonomy caused by demonetisation.' 'It's the whole attempt to reduce the RBI's stature and role that has been under way,' says T T Ram Mohan.
Credible fiscal consolidation has been a consistent pre-condition to easing the monetary policy stance as far as the RBI is concerned.
The facility will be open till November 30.
RBI Governor Raghuram Rajan, who today surprised markets with a rate hike, defended the move saying a rate cut would not have impacted either banks or borrowers and that bringing down retail prices is the key to sustainable growth.
