New Delhi: As the issue of ‘intolerance' continues to dominate the national debate, RBI Governor Raghuram Rajan today said India has been known for its “legacy of tolerance and openness” and it was necessary to
Mumbai: Reserve Bank Governor Raghuram Rajan has defended his speech that called for tolerance and mutual respect, saying India will be "crazy to lose" the biggest advantage it has to intolerance."It wasn't a speech about
New Delhi: A galaxy of personalities today joined the debate on growing intolerance with music maestro Zubin Mehta speaking against "ostracising" writers and authors that would amount to cultural dictatorship while RBI Governor Raghuram Rajan
New Delhi: Amid a ragging debate over intolerance, Reserve Bank Governor Raghuram Rajan today said excessive political correctness stifles progress and called for an improved environment for tolerance and mutual respect.Rajan also said protection of
Hyderabad: Reserve Bank Governor Raghuram Rajan on Friday said there is a need to check flaws in the banking system to ensure that defaulters are not let off scot-free.“We have to check the flaws in
New Delhi: The Narendra Modi government has prepared a draft bill proposing to curtail exclusive powers of RBI Governor in setting monetary policy.According to a NDTV report, the bill proposes a seven-member committee including four
Mumbai: Reserve Bank Governor Raghuram Rajan today slammed International Monetary Fund for staying on the sidelines and applauding accommodative policies of developed nations which have created ripples in the emerging markets.He said central banks across
Mumbai: Reserve Bank Governor Raghuram Rajan today said the country cannot have a GDP growth of 9 per cent until it makes “tremendous investments” and improves supply situation that boosts demand, but warned against populist
Mumbai: Reserve Bank Governor Raghuram Rajan today underlined the need to make taxation more transparent so that the Indian economy is able to attract stable inflow of foreign capital for strong growth.He also called for
Aizawl: RBI Governor Raghuram Rajan on Thursday welcomed Supreme Court ruling on use of Aadhaar card in more schemes and said it will help in financial inclusion drive and providing easy access to loans."The Supreme
Aizwal: Expressing concern over illegal Rs 6,000 crore transfer of funds through a Bank of Baroda branch, RBI Governor Raghuram Rajan today said it will be pursued both by the central bank and investigative agencies
New Delhi: India is in a Goldilocks period of low inflation coupled with gradual recovery and the country is expected clock a GDP growth rate of 7.6 per cent this fiscal year, says a report.According
Mumbai : The benchmark BSE Sensex climbed over 266 points and the NSE Nifty regained 8,000-mark in early trade today on buying in IT, pharma and banking stocks amid a firming trend overseas.The 30-share index
New Delhi: Reserve Bank Governor Raghuram Rajan on Wednesday described Prime Minister Narendra Modi as being "ahead of us" but said his visits abroad need to be backed up with "action on the ground"."I think
Mumbai: Reserve Bank Governor Raghuram Rajan today said the RBI is looking into banks' concern over adopting the marginal cost-based base rate regime but made it clear the lenders will have to follow the new
Mumbai: "My name is Raghuram Rajan and I do what I do", was RBI Governor's response to comments that he was being Santa Claus in cutting interest rate by more than expected.Amid government and industry
New Delhi: Welcoming the Reserve Bank of India's decision to cut short-term lending rates by 50 basis points, Finance Minister Arun Jaitley said on Tuesday this will support growth, while showing that inflationary pressures were
New Delhi: RBI Governor Raghuram Rajan may budge to government and industry pressure to cut interest rate with a view to spur economic recovery and mitigate the impact of slowing China on India.Most of the
New Delhi: Reserve Bank Governor Raghuram Rajan is widely expected to cut interest rate tomorrow by a quarter per cent to a 4-year low to accelerate a sluggish economic recovery, but may underscore concerns over prices
New Delhi: Bharatiya Janata Party's firebrand leader Subramanian Swamy has said that Prime Minister Narendra Modi must instruct Reserve Bank of India (RBI) Governor Raghuram Rajan to either cut rates or be ready to be
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