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

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

Reactions flooded micrblogging site Twitter after RBI Governor Raghuram Rajan formally announced that he ...More

Reactions flooded micrblogging site Twitter after RBI Governor Raghuram Rajan formally announced that he will not accept offer for second term. ...Less

Kiran Mazumdar-Shaw tweeted: "RBI Gov Raghuram Rajan not seeking second term - Academic gain, RBI loss. H ...More

Kiran Mazumdar-Shaw tweeted: "RBI Gov Raghuram Rajan not seeking second term - Academic gain, RBI loss. He leaves a legacy of economic stability." ...Less

Concerned over banks hiding their actual NPA nos, Rajan said RBI is "increasingly turning towards taking ...More

Concerned over banks hiding their actual NPA nos, Rajan said RBI is "increasingly turning towards taking action" on such divergences. ...Less

The Reserve Bank of India has for the first time acknowledged that easy liquidity conditions might be nec ...More

The Reserve Bank of India has for the first time acknowledged that easy liquidity conditions might be necessary for rate reduction to be passed on to consumers. ...Less

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

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

Terming the Raghuram Rajan Committee report as "unfortunate", Odisha Chief Minister Naveen Patnaik today ...More

Terming the Raghuram Rajan Committee report as "unfortunate", Odisha Chief Minister Naveen Patnaik today said the state would continue its fight for the Special Category Status. ...Less

RBI must be the wise counsel and not someone loud like Navjot Sidhu, Raghuram Rajan said. ...More

RBI must be the wise counsel and not someone loud like Navjot Sidhu, Raghuram Rajan said. ...Less

There is a price for liquidity; if the market does not want to be willing to pay that price, things will ...More

There is a price for liquidity; if the market does not want to be willing to pay that price, things will be where they are, says Governor Raghuram Rajan. ...Less

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'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

Swamy appeared to have bitten off more than he could chew when he took on Rajan, but in the end his stanc ...More

Swamy appeared to have bitten off more than he could chew when he took on Rajan, but in the end his stance appears not too different from the government's. ...Less

We want to convince investors that it is valuable to stay for the long term or the medium term despite al ...More

We want to convince investors that it is valuable to stay for the long term or the medium term despite all the gloom and doom. ...Less

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

"For people who say that we missed the big oil fall last year which contributed to inflation falling belo ...More

"For people who say that we missed the big oil fall last year which contributed to inflation falling below our forecast, show me one forecast that got it right." ...Less

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

“There are very important takeaways from Raghuram Rajan’s leadership style for budding managers around de ...More

“There are very important takeaways from Raghuram Rajan’s leadership style for budding managers around decision-making,” said Leela A Kaushal. ...Less

"My hope is that sometime in the first half of next year we should have these banks licensed. That will b ...More

"My hope is that sometime in the first half of next year we should have these banks licensed. That will bring a whole new set of interesting players." ...Less

“The problem with forbearance is that it always looks like a good thing to do until it stops working” say ...More

“The problem with forbearance is that it always looks like a good thing to do until it stops working” says the outgoing governor of Reserve Bank of India. ...Less

"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

I understood what the reporter was asking, but I wanted to push back on the attempts to pigeonhole me int ...More

I understood what the reporter was asking, but I wanted to push back on the attempts to pigeonhole me into existing stereotypes, said Raghuram Rajan. ...Less

Those who know the RBI Governor say there's little chance he will throw a party, especially after he made ...More

Those who know the RBI Governor say there's little chance he will throw a party, especially after he made his feelings about Vijay Mallya's bashes clear. ...Less

A committee determined policy takes pressure off the Governor but if one has enough credibility within th ...More

A committee determined policy takes pressure off the Governor but if one has enough credibility within the RBI, one can still drive policy ...Less

"Dr Raghuram Rajan is ... appointed as OSD in RBI for 3 weeks prior to his taking over as Governor, to pr ...More

"Dr Raghuram Rajan is ... appointed as OSD in RBI for 3 weeks prior to his taking over as Governor, to provide for an overlap with present Guc," FinMin said. ...Less

Swamy, who has been critical of the outgoing Governor for keeping lending rates high with a view to check ...More

Swamy, who has been critical of the outgoing Governor for keeping lending rates high with a view to check inflation, uses R3 to describe Raghuram Rajan. ...Less

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

Reserve Bank Governor Raghuram Rajan today said the country has nothing to fear from the troubles being f ...More

Reserve Bank Governor Raghuram Rajan today said the country has nothing to fear from the troubles being faced by mining giant Glencore. ...Less

Rajan, 50, an economics professor who also served as chief economist at the International Monetary Fund, ...More

Rajan, 50, an economics professor who also served as chief economist at the International Monetary Fund, took charge from D Subbarao. ...Less

In a series of letters to Prime Minister Narendra Modi, Swamy had demanded sacking of Rajan, arguing he h ...More

In a series of letters to Prime Minister Narendra Modi, Swamy had demanded sacking of Rajan, arguing he had been passing confidential and sensitive financial information. ...Less

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

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

Rajan has announced he would not want a second term after his current tenure as the RBI Governor ends in ...More

Rajan has announced he would not want a second term after his current tenure as the RBI Governor ends in September. ...Less

Raghuram Rajan Committee Report and the reason for constituting that Committee had no reference to any pa ...More

Raghuram Rajan Committee Report and the reason for constituting that Committee had no reference to any particular state, P Chidambaram said. ...Less

Raghuram Rajan, the former RBI Governor, candidly shared details about his tenure and revealed his annual ...More

Raghuram Rajan, the former RBI Governor, candidly shared details about his tenure and revealed his annual salary during that time. ...Less

Raghuram Rajan said governments that suppress public criticism do themselves a gross disservice. ...More

Raghuram Rajan said governments that suppress public criticism do themselves a gross disservice. ...Less

"If I remember right, the finance minister came out quite openly in support of the governor and at one ti ...More

"If I remember right, the finance minister came out quite openly in support of the governor and at one time the prime minister also spoke about it." ...Less

JD(U) say that Chidambaram had approved the Raghuram Rajan Committee report for implementation but it was ...More

JD(U) say that Chidambaram had approved the Raghuram Rajan Committee report for implementation but it was waiting approval at the PMO level. ...Less

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

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

Marc Faber said that he did not trust central bankers except India's Raghuram Rajan, since he has a solid ...More

Marc Faber said that he did not trust central bankers except India's Raghuram Rajan, since he has a solid grip on monetary policies. ...Less

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

Rajan, who exited Reserve Bank of India a year ago, had courted controversy in 2015 lecture where he talk ...More

Rajan, who exited Reserve Bank of India a year ago, had courted controversy in 2015 lecture where he talked about growing intolerance in the country. ...Less

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

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

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

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

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

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

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 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

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

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

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

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

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

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

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

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

“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

"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

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

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

“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

"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

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

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

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

"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

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

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

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

"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

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

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

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

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

'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

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

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

"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

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

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

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

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

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

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

"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

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

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

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

Former RBI governor Raghuram Rajan has expressed concern over the threat to the banking sector over the l ...More

Former RBI governor Raghuram Rajan has expressed concern over the threat to the banking sector over the long-term . He notes that there might be a potential profitability problem with the banking system where rates on safe assets have gone up but banks are struggling to pass off half percent or 1% increase. Also, the broader problem is that entities make money in normal times taking risks but throw the risk back to the government in bad times. He said it’s a riskless capitalism causing governments to rescue banks. ...Less

The events that mark Raghuram Rajan's relations with the Modi government and the behind-the-scenes action ...More

The events that mark Raghuram Rajan's relations with the Modi government and the behind-the-scenes action remain subject of speculation. ...Less

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

Raghuram Rajan today called on PM Narendra Modi and is likely to have discussed the macro-economic situat ...More

Raghuram Rajan today called on PM Narendra Modi and is likely to have discussed the macro-economic situation and issues related to price rise. ...Less

A high powered panel under the chairmanship of governor Raghuram Rajan will interview RBI’s about eight t ...More

A high powered panel under the chairmanship of governor Raghuram Rajan will interview RBI’s about eight to 11executive directors on June 6 to select the successor of Khan. ...Less

A round-up of those whose worth went up or down today: Raghuram Rajan, Deepinder Goyal, Mahinda Rajapaksa ...More

A round-up of those whose worth went up or down today: Raghuram Rajan, Deepinder Goyal, Mahinda Rajapaksa. ...Less

Former Reserve Bank of India (RBI) Governor Raghuram Rajan has cautioned investors against fake videos of ...More

Former Reserve Bank of India (RBI) Governor Raghuram Rajan has cautioned investors against fake videos of him circulating on social media, giving investment tips, especially on individual stocks. ...Less