New Delhi: Underscoring the need for financial sector reforms, Reserve Bank of India Governor Raghuram Rajan has stressed that the "time to deliver begins now" and there is political will to undertake reforms and improve
Mumbai: RBI Governor Raghuram Rajan, who had predicted the 2008 financial meltdown, has said that abrupt reversal of low interest rates globally could create substantial amounts of damage and that it should be done in
New Delhi: Ahead of monetary policy review on Tuesday, Reserve Bank Governor Raghuram Rajan today called on Prime Minister Narendra Modi and is likely to have discussed the macro-economic situation and issues related to price
New Delhi: Reserve Bank Governor Raghuram Rajan on Tuesday called on new Finance Minister Arun Jaitley and discussed the prevailing economic situation as well as the issues related to the rise in prices. The meeting, which
Shimla: The Reserve Bank, Sebi and the Finance Ministry have drawn up a contingency plan to deal with any excessive market volatility when results of the general elections are declared tomorrow.“We assured the board that
Shimla: Plastic currency notes would be launched in the country in 2015 after field trials, Reserve Bank Governor Raghuram Rajan said today.“Plastic notes are coming. Tender bids have come for one billion notes. In five
Mumbai: Reserve Bank of India governor Raghuram Rajan has said though the country has enough foreign exchange reserves, no nation can fully insulate itself from external vulnerabilities."We are well-buffered with substantial reserves, though no country
New Delhi: The Reserve Bank will issue new bank licences in a few weeks, after seeking approval of the Election Commission, Governor Raghuram Rajan said today. Over two dozen public and private sector applicants, including
Mumbai: Attributing high food inflation to rising rural wages and administered food prices, Reserve Bank Governor Rahguram Rajan today called for slower pace of increase in minimum support prices of foodgrains.He also said the Agriculture
Mumbai: Reserve Bank Governor Raghuram Rajan today said although the central bank strongly favours the Urjit Patel committee's suggestion on targeting retail inflation, the final decision would come only after the government's approval.“All we have
New Delhi: Terming the increase in quota of subsidised LPG as “misdirected subsidies”, RBI Governor Raghuram Rajan today said the move will end up benefiting people who can afford to pay market rates.“...what one should
Mumbai: Belying market apprehensions, Reserve Bank Governor Raghuram Rajan today sprang a surprise leaving key rates unchanged to back growth but warned that they may be hiked if inflation does not subside. Rajan's reading of
Mumbai: The Reserve Bank today said it is not the right time to take back measures it adopted to control rising current account deficit, but favoured removing curbs on gold imports.“At this point, it will
Mumbai: Asserting that the level of bad loans is not alarming, Governor Raghuram Rajan today said the Reserve Bank has come out with a discussion paper on stressed asset management to prevent any further threat
New Delhi: If you ever visit the Andaman and Nicobar islands, never miss Rajan. Rajan is more than 65 years old, and he is the world's only swimming elephant. He was one of the elephants
Washington: With a "little bit of euphoria" surrounding him with the arrest of the Indian rupee's slide, RBI's new governor, Raghuram Rajan, has sought to temper expectations saying, "I am not a superman."Portraying himself as
Mumbai: The recent “gloom and doom” in India is overdone as the medium-term fundamentals of the economy remain strong, Reserve Bank of India Governor Raghuram Rajan said on Wednesday.“We certainly do not need false optimism...
New Delhi, May 3: Chief economic advisor Raghuram Rajan on Friday said the government is examining all possibility of raising foreign direct investment ceiling in various sectors to help increase inflows and prop up economic
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