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Raghuram Rajan

SBI report calls Raghuram Rajan's remarks on Hindu rate of growth 'Ill-conceived, biased'

SBI report calls Raghuram Rajan's remarks on Hindu rate of growth 'Ill-conceived, biased'

Tue, Mar 07, 2023

Rajan said that the sequential slowdown in the quarterly growth, as revealed by the latest estimate of national income released by the National Statistical Office (NSO) last month, was worrying.

Why has SEBI not yet got to bottom of Mauritius funds holding and trading Adani stocks: Raghuram Rajan

Why has SEBI not yet got to bottom of Mauritius funds holding and trading Adani stocks: Raghuram Rajan

Sun, Mar 05, 2023

The funds -- Elara India Opportunities Fund, Cresta Fund, Albula Investment Fund and APMS Investment Fund -- have been under cloud for last couple of years after allegations that they may be shell companies.

Former RBI Governor Raghuram Rajan joins Congress-led Bharat Jodo Yatra in Rajasthan

Former RBI Governor Raghuram Rajan joins Congress-led Bharat Jodo Yatra in Rajasthan

Wed, Dec 14, 2022

Dr Raghuram Rajan was the 23rd Governor of the Reserve Bank of India between September 2013 and September 2016.

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Rupee plummets 61 paise to dollar on Rajan's exit as RBI governor

Rupee plummets 61 paise to dollar on Rajan's exit as RBI governor

Mon, Jun 20, 2016

On Saturday, Rajan said no to a second term in the post, a surprise decision the industry and opposition parties termed as nation's loss.

With Rexit Indian market is expected to be negative on Monday

With Rexit Indian market is expected to be negative on Monday

Mon, Jun 20, 2016

Bonds and currency markets will react negatively and may have an impact on the markets too as Rajan provided confidence to the markets especially on currency stability and inflation. The most important aspect is that now we need an equally competent replacement who is deeply into global financial system as we are closely linked to the issues concerning the world economy.

Rajan felt undermined in weeks before quitting

Rajan felt undermined in weeks before quitting

Mon, Jun 20, 2016

Reserve Bank of India (RBI) Governor Raghuram Rajan`s abrupt decision to quit came as he increasingly felt he lacked support from his political bosses Finance Minister Arun Jaitley and Prime Minister Narendra Modi, according to friends and colleagues.

How the who's who of politics and financial markets reacted to Rajan's exit

How the who's who of politics and financial markets reacted to Rajan's exit

Sun, Jun 19, 2016

RBI Governor Raghuram Rajan on Saturday said no to the second term as the head of the central bank.

Will Rajan's exit drag equity markets tomorrow?

Will Rajan's exit drag equity markets tomorrow?

Sun, Jun 19, 2016

The rupee closed at 67.0775/67.0875 per dollar on Friday.

Raghuram Rajan wanted to continue but decided otherwise after talking to Modi Govt

Raghuram Rajan wanted to continue but decided otherwise after talking to Modi Govt

Sat, Jun 18, 2016

Wildly popular with classes and masses alike, Reserve Bank of India (RBI) Governor Raghuram Rajan has decided to go back to academia once his term ends in September this year.

5 achievements of RBI under Raghuram Rajan

5 achievements of RBI under Raghuram Rajan

Sat, Jun 18, 2016

Rajan wrote a letter to his RBI staff giving all reasons for not taking the second term.

Raghuram Rajan says no for second term; here's what he wrote to his RBI staff in "farewell letter"

Raghuram Rajan says no for second term; here's what he wrote to his RBI staff in "farewell letter"

Sat, Jun 18, 2016

RBI Governor Raghuram Rajan has said no to the second term as the head of the central bank, said PTI reports.

Spotted: Vijay Mallya seen at book launch event attended by India's UK envoy

Spotted: Vijay Mallya seen at book launch event attended by India's UK envoy

Sat, Jun 18, 2016

The club had been launched in May with a talk at LSE on 'Rethinking the Global Monetary System' by RBI Governor Raghuram Rajan.

Abolish income tax to push economic growth, says Subramanian Swamy

Abolish income tax to push economic growth, says Subramanian Swamy

Fri, Jun 17, 2016

"If I am in the Government, I will do it within one week, if I am not in Government, I will do it (remove income tax) within three years. The only way to encourage people to save more today is by abolishing the income tax completely," Swamy said.

Cabinet clears bill for speedy recovery of bad loans

Cabinet clears bill for speedy recovery of bad loans

Wed, Jun 15, 2016

Cabinet on Wednesday approved a bill seeking to amend the debt recovery laws with an overall objective of improving the ease of doing business.

RBI likely to cut policy rate by 25 basis points on August 9: BofA-ML

RBI likely to cut policy rate by 25 basis points on August 9: BofA-ML

Wed, Jun 15, 2016

According to global financial services major Bank of America Merrill Lynch (BofA-ML) investors should not read much into the higher May Consumer Price Index (CPI) inflation print at 5.76% as it was entirely driven by higher agflation (agricultural inflation).

RBI eases stressed asset restructuring rules for banks

RBI eases stressed asset restructuring rules for banks

Mon, Jun 13, 2016

The Reserve Bank of India on Monday relaxed guidelines for restructuring of large stressed assets by lenders in a move that would allow the banks to more effectively manage bad loans on their books.

Will food prices push May’s inflation numbers up?

Will food prices push May’s inflation numbers up?

Mon, Jun 13, 2016

A Reuters poll suggested that higher food and fuel prices may push up inflation to over 5.5% in May.

Govt to take own course on second term to Raghuram Rajan: Sadananda Gowda

Govt to take own course on second term to Raghuram Rajan: Sadananda Gowda

Sun, Jun 12, 2016

Gowda also said he is not aware of the reported formation of a selection committee by the government to shortlist candidates for the post of RBI Governor.

India's GDP to grow at 7.8% in FY17, led by consumption, public expenditure: DBS

India's GDP to grow at 7.8% in FY17, led by consumption, public expenditure: DBS

Sun, Jun 12, 2016

According to global brokerage firm, the burden of lifting growth is likely to be "uneven" largely led by strong consumption followed by public capex, while private sector investments may improve in October-December quarter onwards.

In a first, expert committee tasked with shortlisting potential RBI governor candidates

In a first, expert committee tasked with shortlisting potential RBI governor candidates

Sat, Jun 11, 2016

The war of words and speculation started with BJP MP Subramanian Swamy leveling six allegations against Rajan.

Robots are taking over job market; middle class anxious: Raghuram Rajan

Robots are taking over job market; middle class anxious: Raghuram Rajan

Fri, Jun 10, 2016

Speaking at the launch of a book "World 2050," Reserve Bank Governor Raghuram Rajan said the technological progress is making the middle class anxious about job security globally.

HDFC Bank cuts two-year MCLR rate to 9.20% effective June 7

HDFC Bank cuts two-year MCLR rate to 9.20% effective June 7

Thu, Jun 09, 2016

At the same time, the bank has also reduced Marginal Cost of Funds-based Lending Rate (MCLR) for one-month tenure to 9.95% from 9%.

Need private investment for faster growth: Raghuram Rajan

Need private investment for faster growth: Raghuram Rajan

Wed, Jun 08, 2016

Rajan today said statisticians have done as good a job as they can and economic growth is significantly high as costs have come down.

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