Rajan News
The father of Sri Lankan cricket allrounder Dhananjaya de Silva was shot dead by unidentified gunmen on the eve of the national team's departure to the West Indies, police said.
The RBI's proposal to open up "Islamic window" in conventional banks will lead to trillions of dollars from Gulf nations getting invested in India, said an organisation pushing for Islamic financial banking.
Urjit Patel, the new Governor of RBI who has maintained a contrasting low-profile to outspoken and rockstar-like Raghuram Rajan, has his immediate task cut out -- finishing the 'unfinished agenda' of his predecessor on completing 'deep surgery' of banks and winning the war on inflation.
Taking a dig at those writing his "obituaries", RBI Governor Raghuram Rajan Wednesday said he will be around "a lot in India" even after leaving the central bank and should not be written off as yet.
Raghuram Rajan's sudden exit from the post of Reserve Bank of India (RBI) Governor has put the national media and political circles in a tizzy - flooded with series of speculative stories, gossip and slander.
Calling RBI Governor Raghuram Rajan's exit a 'bad omen' for the Indian economy, eminent economists and former policymakers today said it will be seen by the world as India's non-approval to a policy against inflation and bad loans.
Reserve Bank of India Governor Raghuram Rajan has said that he will return to academia when his current term ends at the Central Bank on September 4.
RBI Governor Raghuram Rajan also said that a decision is reached in such cases "after discussions between the government and the incumbent".
As Narendra Modi led National Democratic Alliance (NDA) government completes two years in office, we are evaluating the promises fulfilled and those still incomplete here.
The RBI Governor Raghuram Rajan stunned having being asked a sharp question by a 13 year old school boy of Class 8 while he was addressing a group of students in Mumbai.
As a new agency takes shape for taking over public debt management role from RBI, Governor Raghuram Rajan today favoured keeping this entity independent of the government as well as the central bank to ensure fiscal discipline.
India has formally adopted inflation targeting, a historic monetary policy overhaul that marks a victory for Reserve Bank of India Governor Raguram Rajan, as the government makes subduing chronically volatile prices a priority.
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