India imposes restrictions on how much money its citizens and companies can invest abroad
.jpg)
Rajan, the academic-turned-central banker who is credited with predicting the global financial crisis, said that voicing of views will have positive effects.
Rajan posed the question while speaking at the annual leadership conference in Mumbai National Association of Software and Services Companies.
Royal Challengers Bengaluru's IPL 2024 campaign is just one-match old, but it has already exposed their biggest chink. It's fragility in bowling, and they need better returns from bowlers against a confident Punjab Kings at an unforgiving M Chinnaswamy Stadium, in Bengaluru, on Monday.
RBI governor Raghuram Rajan is clear about cleaning up the mess in the banking system.
Girish AD doesn't make romantic comedies so much as he elevates the genre, observes Sreehari Nair.
'I declared myself a Sikh. We want freedom from caste discrimination.'
The appointment of Rajan, a former chief economist of the International Monetary Fund and now a professor of finance at University of Chicago, comes at a time when India, like most of the world economies, is grappling with the impact of the global credit crisis.
Raghuram Rajan said on Friday it is not clear India needs a so-called "bad bank.
The aim of his visit was to explore how financial institutions can be co-opted in reviving the local economy.
The Reserve Bank of India Governor Raghuram Rajan said bringing down inflation would help stabilise the rupee.
Rajan said that demand needs to be reduced without having severe effects on investment and supply.
Bobat also backed England all-rounder Will Jacks to come in handy.
New RBI Governor Raghuram Rajan on Wednesday came out with a slew of measures, including more trade settlement in rupees to rescue the battered financial markets and hinted at a shift in focus from inflation control, doggedly pursued by his predecessor, to boosting growth.
The Governor had submitted his report to the Public Accounts Committee and put the blame on 'overall economic downturn'
Annamalai has faced criticism for the breakup between the AIADMK and the BJP, but BJP leaders say 'he attracts youth, who needs change'.
Rajan said that despite easy liquidity, banks have passed rate cuts into lending rates modestly.
The Congress on Friday claimed that that "vitriolic tirade" against RBI Governor Raghuram Rajan by Subramanian Swamy has the "full backing" of NDA government and Bharatiya Janata Party.
Chhota Rajan, one of India's most wanted gangster, has been arrested in the tourist town of Bali, Indonesia on a Red Corner Notice issued by Interpol after eluding law enforcement agencies for over two decades.
As heavy rains continued to batter Kerala, landslides and flooding were reported from many parts of the state, especially its southernmost district of Thiruvananthapuram, which was severely affected by waterlogging in several areas on Sunday.
'The prime minister's comment on 'revdi culture' was welcome. But I am disappointed he did not follow up on that.' 'All political parties, including the BJP, have been guilty of this.' 'Now, Modi's guarantees, the Congress's 'nyay' path and both ruling and Opposition parties are vying with each other for freebies in my home state Andhra Pradesh.'
Fugitive gangster and drug smuggler Santosh Shetty has been arrested in Bangkok by the Thailand police. Mumbai crime branch officials took him into custody on Thursday.
With the setting of MPC, the interest rate setting powers would move from RBI Governor to the panel.
He also affirmed that over time, as the government finances improve, the SLR will be brought down further.
Reserve Bank of India (RBI) Governor Raghuram Rajan has set himself a target of lowering consumer inflation and is even ready to raise rates to achieve it, risking friction with the new government, if he is seen as overstepping.
India is gearing up to introduce a six-member monetary policy committee that would vote on interest rates.
Rajan will be closely working with the RBI governor and the four deputy governors to gain familiarity with the central bank's stance on various issues.
India has been assigned the lowest investment grade rating with a high risk profile by various global agencies.
The RPI-A is an ally of the Bharatiya Janata Party.
'Democracy is India's greatest strength.'
'We will supply dollars in case of extreme volatility.'
Reserve Bank Governor Raghuram Rajan on Thursday said the central bank will continue its focus on taming inflation, speeding up resolution of distressed projects and ensuring enough capital for banks through balance sheet clean-up.
To help cut down on current account deficit.
Governor also says two-stage verification for card transactions might go; RBI in process of setting up IT arm
Jaitley said manufacturing sector will continue to face challenges unless it transitions itself while keeping the quality and price in mind.
An inconsistent Royal Challengers Bengaluru would be eager to hit the turnaround button when they host Lucknow Super Giants, who will keep an eye on regular skipper KL Rahul's fitness, in the IPL in Bengaluru on Tuesday
He also made it clear that the pre-2005 notes will continue to be legal tender.
Applauding Facebook co-founder Mark Zuckerberg for the reported pledge to give majority of his wealth to philanthropy, well known Hindu statesman Rajan Zed has called upon India's billionaires/millionaires to make similar pledges.
Rajan said banks have typically become used to reasonably slow moving base rate which gives them time to adjust the deposit cost before they adjust lending.
'India's biggest loss is that we will not have anyone as principled and as courageous as Rajan.'
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances