- Raghuram Rajan's warning to India after Hormuz shock: Build bigger oil reserves, diversify faster
Global economic shocks from trade disruptions and geopolitical tensions are reshaping resilience, accordi ...More
Global economic shocks from trade disruptions and geopolitical tensions are reshaping resilience, according to Raghuram Rajan. He stresses India's need for larger strategic oil reserves and diversified import/export markets. Rajan also highlights the rupee's depreciation linked to low foreign investment and urges a long-term view on critical commodity exposure, advocating for domestic production and strategic buffers. ...Less

- Is India's economic growth real? Raghuram Rajan says something is off
Former RBI Governor Raghuram Rajan questions India's strong economic growth figures, citing weak corporat ...More
Former RBI Governor Raghuram Rajan questions India's strong economic growth figures, citing weak corporate investment and declining foreign capital inflows. He argues these factors are difficult to reconcile with official data, suggesting a disconnect between headline numbers and business behavior. Rajan also highlights the lack of a clear economic roadmap and warns of vulnerabilities from the Middle East conflict. ...Less

- India will do more to boost inflows: Finance Minister Nirmala Sitharaman
India plans further measures to attract foreign capital. Finance Minister Nirmala Sitharaman stated that ...More
India plans further measures to attract foreign capital. Finance Minister Nirmala Sitharaman stated that additional steps will be taken if required to boost capital inflows. These actions follow recent tax relief and banking regulator initiatives aimed at strengthening the Indian market. The government is committed to ensuring the necessary investments enter the country. ...Less

- Quarter after quarter, year after year, India is fastest growing economy: FM Sitharaman
Finance Minister Nirmala Sitharaman said India remains the world's fastest-growing major economy and accu ...More
Finance Minister Nirmala Sitharaman said India remains the world's fastest-growing major economy and accused Congress leader Rahul Gandhi of undermining the country's achievements by repeatedly predicting crises that have not materialised. ...Less

- Statistical system may get AI overhaul, data to be treated as asset: MoSPI Secy
India is set to modernize its statistical system. Artificial intelligence will be integrated into officia ...More
India is set to modernize its statistical system. Artificial intelligence will be integrated into official data. A national business register is planned. Data may soon be recognized as an economic asset. These steps aim to enhance economic data accuracy and timeliness. The Ministry of Statistics and Programme Implementation is leading these significant changes. ...Less

- Inflation in June quarter likely to undershoot RBI forecast, rate hike probability drops ahead of monsoon risks
India's inflation is giving the Reserve Bank of India room to hold interest rates through the first quart ...More
India's inflation is giving the Reserve Bank of India room to hold interest rates through the first quarter of fiscal year 2027. However, risks from food and fuel prices could change this outlook later in the year. The central bank will closely watch economic data before making any decisions on interest rates. ...Less

- FCNR(B): Revisiting a proven crisis management tool
Facing renewed external sector pressures, the RBI has revived a version of the FCNR(B) deposit framework ...More
Facing renewed external sector pressures, the RBI has revived a version of the FCNR(B) deposit framework to attract foreign currency inflows and support the rupee. While effective for near-term stability, experts say long-term resilience requires reducing structural vulnerabilities and import dependence. ...Less

- India may have brokered a rupee truce, but hasn't won peace yet
India has unveiled a package aimed at supporting the rupee without resorting to capital controls, a move ...More
India has unveiled a package aimed at supporting the rupee without resorting to capital controls, a move seen as more market-friendly than during the 2013 currency crisis when overseas remittance limits were tightened. Instead, authorities are encouraging state-owned firms and banks to raise dollars abroad and bring them back to India, while offering concessions on hedging costs. ...Less

- Rupee plunge sees India turn to 2013 taper tantrum playbook
India's central bank is considering measures to stabilize the rupee. The currency has fallen to a record ...More
India's central bank is considering measures to stabilize the rupee. The currency has fallen to a record low, increasing import costs. The Reserve Bank of India is looking at past strategies to prevent further depreciation. These include interest rate hikes and attracting foreign investment. The goal is to break a cycle of currency decline and restore investor confidence. ...Less

- Raghuram Rajan says India not superpower yet, but doing 'right things' can get it there
Former RBI Governor Raghuram Rajan urges caution against premature claims of India being a global superpo ...More
Former RBI Governor Raghuram Rajan urges caution against premature claims of India being a global superpower. He emphasises that while ambition is vital, decades of sustained effort and groundwork are necessary before such a status can be credibly achieved. Rajan warns that self-congratulation without addressing fundamental issues risks complacency, stressing the need for realism alongside aspiration. ...Less

- 'Avoid clubbing with Pakistan': Raghuram Rajan advises India, says it's better to compete with China
Raghuram Rajan suggests India should strive to compete with China. He says India needs to avoid being ass ...More
Raghuram Rajan suggests India should strive to compete with China. He says India needs to avoid being associated with Pakistan. Rajan believes this association impacts geopolitical stability. He highlights India's potential as a major global player. Rajan also emphasizes the importance of freedom of speech in universities. ...Less

- Party that destroyed economy has cheek to question Raghuram Rajan, says Congress on BJP's criticism of ex-RBI Guv
Slamming the BJP for its criticism, Congress' media department head Pawan Khera told reporters that the p ...More
Slamming the BJP for its criticism, Congress' media department head Pawan Khera told reporters that the party which has destroyed the economy of this country in the last about eight years has the cheek to question Rajan. ...Less

- Raghuram Rajan labelled 'parachute economist' over India making a big 'mistake' comments
Raghuram Rajan's recent remarks sparked controversy on social media. The former RBI chief cautioned again ...More
Raghuram Rajan's recent remarks sparked controversy on social media. The former RBI chief cautioned against India's economic growth being overshadowed by underlying structural issues. He emphasized the need for the government to focus on improving education and workforce skills post-elections to harness the country's potential fully. ...Less

- Sushil Kumar Modi ridicules Nitish Kumar for celebrating Raghuram Rajan panel report
Sushil Kumar Modi today ridiculed Nitish for celebrating the report despite his nominee on the panel havi ...More
Sushil Kumar Modi today ridiculed Nitish for celebrating the report despite his nominee on the panel having registered a strong note of dissent. ...Less
- Should central government be called anti-national too? Raghuram Rajan takes a dig at RSS-affiliated magazine
Former RBI governor Raghuram Rajan posed a question post the Infosys Income Tax filing fiasco as an RSS a ...More
Former RBI governor Raghuram Rajan posed a question post the Infosys Income Tax filing fiasco as an RSS affiliated magazine attacked the tech giant. He asks if the government too must be called anti-national for its ill-management in the initial attempt of vaccinating the country. ...Less

- Banking reforms by Raghuram Rajan to go on, macro policies strong: World Bank on Rexit
"I don't have the ability to predict the future, I just have to say that we fully respect Dr Raghuram Raj ...More
"I don't have the ability to predict the future, I just have to say that we fully respect Dr Raghuram Rajan's personal decision," World Bank Country Director India Onno Ruhl said. ...Less

- Raghuram Rajan panel vindicates Ajsu's demand: Sudesh Mahto
Sudesh Mahto today said clubbing Jharkhand among the least developed states by the Raghuram Rajan panel v ...More
Sudesh Mahto today said clubbing Jharkhand among the least developed states by the Raghuram Rajan panel vindicated his Ajsu party's demand. ...Less
- India’s policies subject to whims & fancies? Raghuram Rajan, Surjit Bhalla weigh in on why foreign investment is down
India's status as the fastest-growing major economy is undermined by inconsistent policies, hindering for ...More
India's status as the fastest-growing major economy is undermined by inconsistent policies, hindering foreign investment flow, according to economists Raghuram Rajan and Surjit Bhalla. Despite recent attraction to global investors, policy uncertainty, high taxes, and erratic tariff changes deter sustained investment. Rajan emphasised the need for predictability and ease of doing business. ...Less

- Why Raghuram Rajan, former RBI governor, is not ' concerned' about rupee hitting all time low
Former RBI chief Raghuram Rajan addressed concerns over the Indian rupee hitting an all-time low, noting ...More
Former RBI chief Raghuram Rajan addressed concerns over the Indian rupee hitting an all-time low, noting the dollar's strength against multiple currencies. He stated that the depreciation of the rupee is not significant and can benefit Indian exports. The US dollar's strength is driven by improving US macros, bond yield spikes, and geopolitical tensions. ...Less

- Raghuram Rajan panel report "positive" for Bihar: Shaibal Gupta
All states classified among the least developed states should join forces together on the lines of coalit ...More
All states classified among the least developed states should join forces together on the lines of coalition of backward states to pitch for grant of special status, he said. ...Less
- Raghuram Rajan: Has the maestro stepped into a new horizon?
Former RBI Governor and eminent economist Raghuram Rajan has a knack for being among the headlines. On We ...More
Former RBI Governor and eminent economist Raghuram Rajan has a knack for being among the headlines. On Wednesday, he stirred speculations on social media about his political ambitions when he participated in the Congress-led Bharat Jodo Yatra in Rajasthan. What next for the econ maestro, is this a stepping stone for his political ambitions? ...Less

- Raghuram Rajan warns taking food off inflation table will be the wrong recipe
Raghuram Rajan warns against excluding food prices from inflation metrics, stressing that it could underm ...More
Raghuram Rajan warns against excluding food prices from inflation metrics, stressing that it could undermine public trust in the RBI. Countering Chief Economic Advisor Nageswaran's suggestion, Rajan argues that food prices critically influence household spending and inflation perceptions in India. ...Less
- Global fund managers hail Raghuram Rajan for good work
Investors across the globe favour India since it has avoided the mistakes of other central banks that kep ...More
Investors across the globe favour India since it has avoided the mistakes of other central banks that kept interest rates low. ...Less
- India is not sailing in the same boat as Turkey or Indonesia: Raghuram Rajan
Lower CAD combined with political stability will provide international investors the primary reassurance, ...More
Lower CAD combined with political stability will provide international investors the primary reassurance, says Raghuram Rajan. ...Less
- Former RBI Governor Raghuram Rajan says Indian economy would be lucky to see 5% growth
Former Reserve Bank of India (RBI) Governor Raghuram Rajan on Wednesday in a chat with Congress leader Ra ...More
Former Reserve Bank of India (RBI) Governor Raghuram Rajan on Wednesday in a chat with Congress leader Rahul Gandhi claimed that India would be lucky if it achieves 5 per cent growth next year. He said that next year is going to be more difficult than this one. "Of course, this one had a lot of difficulties with the war and all that. Growth is going to slow in the world. People are raising interest rates that bring down growth," he said. ...Less
- Urjit Patel right man to succeed Raghuram Rajan: NR Narayana Murthy
The IT doyen had batted for re-appointment of the former IMF chief economist saying he deserved at least ...More
The IT doyen had batted for re-appointment of the former IMF chief economist saying he deserved at least two more terms for all the "great job" he has done. ...Less
- NDC to take final call on Raghuram Rajan panel report: Planning Commission
The Raghuram Rajan Committee in its report had made a case for ending the special category status for poo ...More
The Raghuram Rajan Committee in its report had made a case for ending the special category status for poorer states. ...Less
- Govt lauds Rajan's 'good work', successor soon: FM Arun Jaitley
Raghuram Rajan earlier today said he will be returning to academia after completion of his term as RBI Go ...More
Raghuram Rajan earlier today said he will be returning to academia after completion of his term as RBI Governor on September 4. ...Less
- Raghuram Rajan was offered deputy governor's post in RBI by Y V Reddy
In his autobiography 'Advice and Dissent: My Life in Public Service', former RBI Governor Y V Reddy said ...More
In his autobiography 'Advice and Dissent: My Life in Public Service', former RBI Governor Y V Reddy said he had offered Rajan deputy governor's post in the apex bank. ...Less
- Gloom and doom view on Indian economy overdone: Raghuram Rajan
Rajan went on to say that even as growth from large companies has slowed down, rural areas have been cont ...More
Rajan went on to say that even as growth from large companies has slowed down, rural areas have been contributing to the economy. ...Less
- RBI Governor Raghuram Rajan doubts efficacy of 'bad bank' concept
RBI Governor Raghuram Rajan today said such a concept generally works when stressed assets are largely wi ...More
RBI Governor Raghuram Rajan today said such a concept generally works when stressed assets are largely with private lenders. ...Less
- Raghuram Rajan can only treat the symptoms, not the disease
Raghuram Rajan has managed to turn the market sentiment through a burst of announcements, but it is unlik ...More
Raghuram Rajan has managed to turn the market sentiment through a burst of announcements, but it is unlikely that exuberance will last. ...Less
- Rahul Gandhi takes dig at Centre on banking plan for corporate houses
Congress leader Rahul Gandhi on Tuesday took a sharp dig at the Centre on proposal to allow corporate hou ...More
Congress leader Rahul Gandhi on Tuesday took a sharp dig at the Centre on proposal to allow corporate houses to set up banks. This comes just a day after former Reserve Bank of India (RBI) governor Raghuram Rajan and ex-RBI deputy governor Viral Acharya termed the central bank working group's proposal as 'bombshell'. ...Less
- Government could take call on Raghuram Rajan's successor today
Former RBI deputy governor Subir Gokarn, deputy governor Urijit Patel and chief economic advisor Arvind S ...More
Former RBI deputy governor Subir Gokarn, deputy governor Urijit Patel and chief economic advisor Arvind Subramanian are some of the names being considered. ...Less
- Structural reforms are needed for long-term Eurozone growth: Raghuram Rajan
Punita Kumar Sinha, founder & managing partner, Pacific Paradigm Advisors, caught up with Raghuram Rajan, ...More
Punita Kumar Sinha, founder & managing partner, Pacific Paradigm Advisors, caught up with Raghuram Rajan, professor at the University of Chicago’s Booth School of Business, and chief economic advisor, Ministry of Finance, for his views on the structural problems facing the Eurozone today and the way out. Excerpts: ...Less
- RBI Governor Raghuram Rajan wants employees to put even rich defaulters under the cosh
“Are we allowing regulated entities to get away year after year with poor practices even though these are ...More
“Are we allowing regulated entities to get away year after year with poor practices even though these are noted during inspections/scrutinies?” he said. ...Less
- Unlike 2008, Indian firms well hedged now for Brexit
RBI Governor Raghuram Rajan said that the rupee has been “well behaved” compared to the 6-7% drop in curr ...More
RBI Governor Raghuram Rajan said that the rupee has been “well behaved” compared to the 6-7% drop in currencies like the Mexican peso. ...Less
- Raghuram Rajan warns of 'policy uncertainty' for world economy
"We are seeing early signs of investment intentions. Of course there are always clouds. There are clouds ...More
"We are seeing early signs of investment intentions. Of course there are always clouds. There are clouds this time also," he said. ...Less
- Raghuram Rajan reiterates the need to free PSU bank boards
“Too much coaching by central authorities will lead to sameness in public sector banks that successive Gy ...More
“Too much coaching by central authorities will lead to sameness in public sector banks that successive Gyan Sangams have criticized.” ...Less
- Expectations from new government were 'probably unrealistic': RBI's Raghuram Rajan
The RBI Governor said a "big part" of the business environment is taxes and the government has said it wi ...More
The RBI Governor said a "big part" of the business environment is taxes and the government has said it will not bring retrospective taxation again. ...Less
- Bankers hint at lowering rates after Raghuram Rajan's push
Bankers agreed that the policy move was on expected lines, with some calling Rajan's commentary as "dovis ...More
Bankers agreed that the policy move was on expected lines, with some calling Rajan's commentary as "dovish". ...Less
- Excessively strong rupee is undesirable: Raghuram Rajan
"I said that an excessively strong rupee is undesirable. I think it will be very hard for anybody to disa ...More
"I said that an excessively strong rupee is undesirable. I think it will be very hard for anybody to disagree with this statement." ...Less
- Raghuram Rajan has become a politician, doing 'shadow-boxing on someone's behalf': Ashwini Vaishnaw
Former RBI governor Rajan had accompanied Congress leader Rahul Gandhi briefly in Rajasthan during the na ...More
Former RBI governor Rajan had accompanied Congress leader Rahul Gandhi briefly in Rajasthan during the nationwide Bharat Jodo Yatra that stretched from Kanyakumari to Kashmir. In between the country-wide march, Gandhi had also interviewed the senior economist. ...Less
- Economists & industry cheer Raghuram Rajan's appointment as RBI Governor
Calling Raghuram Rajan's appointment as the next RBI Governor a welcome move, industry and economists hav ...More
Calling Raghuram Rajan's appointment as the next RBI Governor a welcome move, industry and economists have cheered the announcement. ...Less
- Rupee is fairly valued; it’s often used as a scapegoat for other issues: Raghuram Rajan
Rajan said that if rupee was overvalued we would not make any headway in export, but we are able to expor ...More
Rajan said that if rupee was overvalued we would not make any headway in export, but we are able to export significant amount. ...Less
- Doesn’t matter who fills Rajan’s shoes, policy continuity will be key: Experts
With the shock of Rajan’s departure still to sink in, the only thing investors can now seek solace is in ...More
With the shock of Rajan’s departure still to sink in, the only thing investors can now seek solace is in the continuation of his legacy, work and vision at RBI. ...Less
- JD(U) heaps praise on Nitish for Bihar's backward state status
Based on MDI, the Raghuram Rajan panel named Odisha, Bihar, MP, Chhattisgarh, Jharkhand, Arunachal Prades ...More
Based on MDI, the Raghuram Rajan panel named Odisha, Bihar, MP, Chhattisgarh, Jharkhand, Arunachal Pradesh, Assam, Meghalaya, UP & Rajasthan as least developed states. ...Less
- GST will unify the nation: Raghuram Rajan
The implementation of the much-talked-about Goods and Services Tax will be good for the economy , feels R ...More
The implementation of the much-talked-about Goods and Services Tax will be good for the economy , feels RBI governor Raghuram Rajan. ...Less
- RBI sells $ 1.92 billion in spot forex market in January, first time after Raghuram Rajan takes over
The Reserve Bank of India net sold dollars for the first time since Raghuram Rajan took over as to meet d ...More
The Reserve Bank of India net sold dollars for the first time since Raghuram Rajan took over as to meet dollar demand from oil companies. ...Less
- Brexit an important economic event; has a number of repurcussions for the euro area: Raghuram Rajan, RBI
"It has a number of repercussions for the unity of the euro area, as well as what it means about the poli ...More
"It has a number of repercussions for the unity of the euro area, as well as what it means about the political forces that are gathering together, especially vis-à-vis trade." ...Less
- Still too early to call Brexit watershed anti-trade event: Raghuram Rajan
There was a lot of anger despite so many predictions of doom and gloom on exit the economic front would b ...More
There was a lot of anger despite so many predictions of doom and gloom on exit the economic front would be battered. They wanted to determine their own destiny. ...Less
- RBI submitted a list of high profile fraud cases to PMO: Raghuram Rajan
In the note to Chairman of Estimates Committee Murli Manohar Joshi, Rajan said that the size of frauds in ...More
In the note to Chairman of Estimates Committee Murli Manohar Joshi, Rajan said that the size of frauds in the public sector banking system has been increasing ...Less
- It will be idiotic to attack Urjit Patel: Subramanian Swamy
Swamy, who has been extremely critical of Rajan's policy of not lowering interest rate to check inflation ...More
Swamy, who has been extremely critical of Rajan's policy of not lowering interest rate to check inflation, hoped that Patel will not be as "hawkish". ...Less
- Raghuram Rajan as RBI governor: ET's 'bond-style' depiction strikes a chord with media, readers
The illustration – which showed Rajan in 007-style action with a gun made out of rupee notes – was widely ...More
The illustration – which showed Rajan in 007-style action with a gun made out of rupee notes – was widely shared on social media. ...Less
- Turmoil in markets will not last long: Raghuram Rajan
"Markets are questioning whether asset prices are consistent with fundamentals. It is in such a scenario ...More
"Markets are questioning whether asset prices are consistent with fundamentals. It is in such a scenario that jitters like China and oil are taking their toll." ...Less
- India losing a skillful economic thinker: Amartya Sen on Raghuram Rajan's exit
Noting that he is not a great admirer of the Narendra Modi government, the economist said the administrat ...More
Noting that he is not a great admirer of the Narendra Modi government, the economist said the administration may have to decide what it wants in its policy. ...Less
- ‘India can unlock big FDI gains, if…’: Raghuram Rajan shares simple idea to attract foreign investment as firms exit China
Raghuram Rajan suggests India can attract foreign investment. Multinational firms are reviewing supply ch ...More
Raghuram Rajan suggests India can attract foreign investment. Multinational firms are reviewing supply chains. India must offer stable policies and reforms. Rajan advises against relying on subsidies. He emphasizes proactive reforms for global investors. Bilateral agreements can compensate for lack of major trade deals. Rajan sees Trump's message to Apple as negotiation. China may help control global inflation. ...Less
- Opposition demands special status for six states
Yashwant Sinha alleged that the Central government has been sitting over the report of the Raghuram Rajan ...More
Yashwant Sinha alleged that the Central government has been sitting over the report of the Raghuram Rajan Committee instead of taking action on it. ...Less
- Bihar will gain nothing from Raghuram Rajan report: Sushil Kumar Modi
"Will you align with Cong after it has again betrayed aspiration of people of Bihar by not granting speci ...More
"Will you align with Cong after it has again betrayed aspiration of people of Bihar by not granting special category status to Bihar?" he asked. ...Less
- Banks won’t follow suit even if RBI cuts rates: Raghuram Rajan
'If I reduce rates substantially, banks won't because of high inflation. We need to bring down inflation ...More
'If I reduce rates substantially, banks won't because of high inflation. We need to bring down inflation first,' says RBI Governor. ...Less
- Primary intent of RBI actions is to arrest rupee’s fall: Raghuram Rajan
A stable rupee is important for growth and also the measures that were taken should be seen as separate f ...More
A stable rupee is important for growth and also the measures that were taken should be seen as separate from any decision on the policy rate. ...Less
- Fighting very hard to build inflation credibility: Raghuram Rajan
Determining the domestic interest rate would be driven by domestic conditions rather than external condit ...More
Determining the domestic interest rate would be driven by domestic conditions rather than external conditions in determining the interest rate. ...Less
- Detach morality from NPA clean-up: Raghuram Rajan
Raghuram Rajan has reiterated that it is dangerous to roll all loan defaults into events of poor moral va ...More
Raghuram Rajan has reiterated that it is dangerous to roll all loan defaults into events of poor moral values and there is a need to distinguish between the two. ...Less
- Government must protect central bank's independence: Raghuram Rajan
Raghuram Rajan said the criticism of high interest rates stalling investments in India are not backed by ...More
Raghuram Rajan said the criticism of high interest rates stalling investments in India are not backed by evidence. ...Less
- No financial crisis risk, but bad loans still a problem: Raghuram Rajan
Raising concern over rising bad loans at some banks, RBI Governor Raghuram Rajan today said there was no ...More
Raising concern over rising bad loans at some banks, RBI Governor Raghuram Rajan today said there was no danger of any financial crisis but it may be early to declare that the worst was over on the NPA front. ...Less
- India should focus on areas where it is weak: Raghuram Rajan
In an interview to ET Now, Dr Raghuram Rajan, Former Chief Economist, IMF, talks about the challenges of ...More
In an interview to ET Now, Dr Raghuram Rajan, Former Chief Economist, IMF, talks about the challenges of the role and his views on financial crisis. Q1 Earnings ...Less
- Banks will have to follow new base rate calculation: Raghuram Rajan
Reserve Bank Governor Raghuram Rajan said the RBI is looking into banks' concern over adopting the margin ...More
Reserve Bank Governor Raghuram Rajan said the RBI is looking into banks' concern over adopting the marginal cost-based base rate regime. ...Less
- Subramanian Swamy takes a dig at Raghuram Rajan again over inflation
"Why has since Rexit Consumer Price Index declined and interest rates too? R3 and his cheer choir a hoaz, ...More
"Why has since Rexit Consumer Price Index declined and interest rates too? R3 and his cheer choir a hoaz, or pushing an anti Indian agenda?," he tweeted. ...Less
- Raghuram Rajan calls for eliminating differences between public and private sector banks
Rajan explained that these differences could be mitigated if the government paid adequate price for manda ...More
Rajan explained that these differences could be mitigated if the government paid adequate price for mandates. ...Less
- RBI Governor Raghuram Rajan awarded Best Central Bank Governor by Euromoney
Rajan received Euromoney's Central Bank Governor of the Year Award 2014 in Washington on October 10, the ...More
Rajan received Euromoney's Central Bank Governor of the Year Award 2014 in Washington on October 10, the RBI said in a release today. ...Less
- State-run banks should be freed of constraints: Raghuram Rajan
He is also of the view that there is no guarantee that privatisation will be a panacea. ...More
He is also of the view that there is no guarantee that privatisation will be a panacea. ...Less