Budget 2025: According to Subbarao, if inflation persists for a long enough time, no matter whether it is driven by demand pressures or supply shocks, it will unhinge inflation expectations and inflation will get generalised.
Former Reserve Bank of India (RBI) Governor D Subbarao the public should be made more aware of the cost and benefits of these freebies and that it is the responsibility of the government to educate the population on this.
A prolonged lockdown may possibly push million of Indians into the "margins of subsistence", former RBI Governor Duvvuri Subbarao said on Sunday.
Government’s decision to demonetise high-value notes from the economy was as ‘creative destruction’ and the ‘most disruptive policy innovation since 1991 reforms’ that has helped destroy black money, former Reserve Bank of India (RBI) governor D Subb
Recounting his early months as the Governor of the Reserve Bank of India (RBI) in 2008, D Subbarao today said that “it was baptism by fire.”
Senior Congress leader Jairam Ramesh today came down heavily on former RBI Governor D Subbarao for creating an unnecessary controversy through his book 'Who Moved My Interest Rates - Leading the Reserve Bank of India through Five Turbulent Years'.
Recounting his stormy relationship with bosses in the North Block, former RBI Governor D Subbarao has alleged that ex-finance ministers P Chidambaram and Pranab Mukherjee interfered in the functioning of the central bank, especially on matters of set
New Delhi: Career bureaucrat-turned-banker D Subbarao demits office on Wednesday after a 5-year stint as RBI Governor during a tumultuous period of global financial stress that has left rupee plumbing new depths, falling economic growth
Srinagar, May 9: Reserve Bank of India (RBI) has said it will inject liquidity through Open Market Operations (OMOs) to deal with any shortage of cash in the system."As and when necessary, we will do
New Delhi, Nov 19: RBI Governor D Subbarao Monday deposed in a Delhi court as a prosecution witness in the 2G case, saying he had questioned in 2007 the spectrum fee of around Rs 1600
Mumbai, Jul 16: Reserve Bank Governor D Subbarao said the inflation numbers on both the wholesale and retail front are way above the central bank's comfort level. Subbarao said, “we are way above the threshold”
Mumbai, Jun 20: Under attack for not reducing interest rates, Reserve Bank Governor D Subbarao on Tuesdaysaid inflation at current levels is unacceptable and it is the collective responsibility of the government, the central bank
Mumbai, Jun 17: RBI Governor Duvvuri Subbarao is expected to go slow on his over two-year-old anti-inflationary posture and go with the common mood by unveiling a softer interest rate regime on Monday, as more
Hyderabad, Jun 14: Amid widespread demands of a rate cut by RBI in its monetary policy review next week, Governor D Subbarao today said inflation cannot be controlled without sacrificing some growth.“You cannot control inflation
Dehradun, May 24: Amid steep decline in the value of rupee, the Reserve Bank today said that it is monitoring the situation and will do whatever is necessary to check the currency's fall.“RBI will do
Mumbai, Jan 24: RBI today injected Rs 32,000 crore into the system by lowering the Cash Reserve Ratio (CRR) by half-a-percentage point but kept the short-term lending rate unchanged in view of persisting inflationary concerns.
Vijayawada, Dec 22: RBI Governor D Subbarao today said the economic growth rate for the current fiscal is projected at 7.6 per cent as against earlier projections of 8 per cent.While hoping to tame down
Mumbai, Oct 25: The Reserve Bank today chose to continue with its tight monetary stance and raised interest rates by 25 basis points-- 13th time since March, 2010-- to tame inflation, even as it lowered
New Delhi, Sept 24: The Pioneer on Saturday reported that RBI Governor and former Finance Secretary D Subbarao had regularly appraised the then Finance Minister P chidambaram about the 2G spectrum allocation issue.Though the Centre
New Delhi, Aug 9: The government today gave a two-year extension to Reserve Bank Governor D Subbarao to ensure continuity of India's monetary policy at a time when the whole world is reeling under the
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