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RBI may get new chief before Parliament monsoon session

Currently India’s Executive Director in the Washington-based International Monetary Fund, Mohan is being mentioned in official circles as the front runner to bag the coveted job in Mint Street.

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RBI Governor Rajan not seeking second term, says he will return to academics

Rajan also said that his work on containing inflation, cleaning bank books was not over and he is confident that his successor will take RBI to new heights.

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No scope for ‘adventurism’ with payments banks: RBI

RBI Deputy Governor S S Mundra on Monday said there should not be any “adventurism”, and institutional progress of the entities will be monitored closely in formative stages.

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CBI to hire tax experts from RBI and other financial institutions

“It may be noted that the officers coming on deputation to CBI are entitled for special incentive allowance at the rate of 15 per cent on the pay,” the CBI said.

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Across the aisle: Gross domestic product or puzzle?

The GDP growth number is an approximation of the underlying economic activity. Many economic decisions of the government and private investors are based on that number.

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With tech boost developed nations may not outsource jobs, fear EMs: Raghuram Rajan on ‘The World in 2050’

Reserve Bank of India (RBI) Governor, Raghuram Rajan on Thursday said that emerging market (EM) economies are increasingly nervous because they fear that with fast changing technology, industrial countries may not need to outsource the production to cheaper developing countries and it would lead to huge job losses. “Increasingly, the debate is moving to emerging […]

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Now, Rathore backs Raghuram Rajan, says RBI Governor doing a good job

Rathore also hailed Raghuram Rajan’s decision not to cut repo rate saying “it’s a good decision”.

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Inflation likely edged up to 5.52% in May: Reuters poll

The survey predicted annual consumer price inflation nudged up to 5.52 per cent in May from April’s 5.39 per cent.

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Will have room to cut rates if inflation stays at 5%: Raghuram Rajan

Welcome genuine criticism of our policy but will not address ad hominem attacks, says RBI Governor.

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Economy on right track, says RBI Governor Raghuram Rajan

Private investments need to be back on track to make a much more stronger growth, said Rajan.

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Raghuram Rajan on tenure: Would be ‘cruel to spoil the party’

Rajan’s statement follows reports that he wrote to policymakers to put an end to being dragged in the political slugfest over the issue.

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Raghuram Rajan keeps rates unchanged; to focus on inflation, transmission by banks

The Raghuram Rajan-led RBI said rising crude prices and implementation of 7th pay commission pose upside risk to inflation.

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RBI monetary policy review: Rate cut unlikely in foreseeable future after RBI keeps key rates unchanged

After today’s monetary policy review, it is fairly clear that the window for a rate cut has been closed at least in the near future – for a quarter or more.

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FinMin backs Rajan’s policy rates, says it broadly endorses govt estimates on growth, inflation

RBI said more monetary transmission to support the revival of growth continues to be critical.

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RBI’s monetary policy: Full text of document released by Raghuram Rajan

Full text of the RBI second bi-monthly monetary policy statement released by RBI Governor Raghuram Rajan Tuesday morning.