"My greater worry about the economy is the scarring to the middle class, the small and medium sector, and our children's minds, all of whic...

There is a need to shun incremental moves and look at new areas like telemedicine, tele lawyering, edutech, Rajan said. According to him, w...

"We have to give a pathway for how to get back on track, a pathway which seems credible, so that the markets have some notion that we are n...

Rajan, also a noted economist, opined that the government's ambitious target to make India a USD 5-trillion economy by 2024-25 was "more as...

Modi said, the Narendra Modi government at the Centre had given Rs 1.65 lakh crore special package to Bihar, which gave more to the state t...

“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...

Friction between government and RBI isn't new, with the central bank which doubles as the banking regulator in India, having long been accu...

"Banks tend to be a little fast in raising rates, rather than cutting rates," he said, when asked about why banks have been reluctant in cu...

Putting the ball in government's court, RBI Governor Raghuram Rajan today said future rate cuts would depend on the fiscal consolidation pa...

He indicated that the quality of fiscal consolidation, rather than the headline deficit number alone, will be important for him.

RBI estimated the current account deficit (CAD) for 2014- 15 at 1.3 per cent of the GDP, significantly lower than the earlier projection.

While his action on Thursday is being interpreted as a surprise, a closer look at the previous monetary policy statement would make it clea...

If the disinflationary process continues at a faster-than-anticipated pace, RBI can go in for a cut in interest rates, Raghuram Rajan today...

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

The Raghuram Rajan Committee in its report had made a case for ending the special category status for poorer states.

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.

There has been a fair amount of conservatism built into this budget. The intent is very firmly to stay to the 4.8%.