Raghuram Rajan
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Iconic acts sway sentiments; We must calm down: Raghuram Rajan
Nov 05, 2015, 11:58 PM ISTNew Delhi: As the issue of ‘intolerance' continues to dominate the national debate, RBI Governor Raghuram Rajan today said India has been known for its “legacy of tolerance and openness” and it was necessary to
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Raghuram Rajan defends his speech calling for tolerance, mutual respect
Nov 04, 2015, 04:25 PM ISTMumbai: Reserve Bank Governor Raghuram Rajan has defended his speech that called for tolerance and mutual respect, saying India will be "crazy to lose" the biggest advantage it has to intolerance."It wasn't a speech about
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Galaxy of leaders speak against intolerance
India | Oct 31, 2015, 10:21 PM ISTNew Delhi: A galaxy of personalities today joined the debate on growing intolerance with music maestro Zubin Mehta speaking against "ostracising" writers and authors that would amount to cultural dictatorship while RBI Governor Raghuram Rajan
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Excessive political correctness stifles progress, says Raghuram Rajan
Oct 31, 2015, 01:12 PM ISTNew Delhi: Amid a ragging debate over intolerance, Reserve Bank Governor Raghuram Rajan today said excessive political correctness stifles progress and called for an improved environment for tolerance and mutual respect.Rajan also said protection of
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Need to check flaws in banking system: Raghuram Rajan
Oct 23, 2015, 11:16 PM ISTHyderabad: Reserve Bank Governor Raghuram Rajan on Friday said there is a need to check flaws in the banking system to ensure that defaulters are not let off scot-free.“We have to check the flaws in
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Govt prepares a new draft bill to curtail RBI Governor's power
Oct 22, 2015, 10:31 AM ISTNew Delhi: The Narendra Modi government has prepared a draft bill proposing to curtail exclusive powers of RBI Governor in setting monetary policy.According to a NDTV report, the bill proposes a seven-member committee including four
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Raghuram Rajan slams IMF for 'applauding' easy money policies
Oct 19, 2015, 05:00 PM ISTMumbai: Reserve Bank Governor Raghuram Rajan today slammed International Monetary Fund for staying on the sidelines and applauding accommodative policies of developed nations which have created ripples in the emerging markets.He said central banks across
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For 9% growth, investments & supplies need to improve: Raghuram Rajan
Oct 19, 2015, 03:14 PM ISTMumbai: Reserve Bank Governor Raghuram Rajan today said the country cannot have a GDP growth of 9 per cent until it makes “tremendous investments” and improves supply situation that boosts demand, but warned against populist
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Let's make taxation more transparent: Raghuram Rajan
Oct 19, 2015, 01:38 PM ISTMumbai: Reserve Bank Governor Raghuram Rajan today underlined the need to make taxation more transparent so that the Indian economy is able to attract stable inflow of foreign capital for strong growth.He also called for
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Use of Aadhaar to help in financial inclusion:Raghuram Rajan
Oct 15, 2015, 11:33 PM ISTAizawl: RBI Governor Raghuram Rajan on Thursday welcomed Supreme Court ruling on use of Aadhaar card in more schemes and said it will help in financial inclusion drive and providing easy access to loans."The Supreme
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BoB fraud will be pursued to ultimate conclusion: Raghuram Rajan
Oct 15, 2015, 11:29 PM ISTAizwal: Expressing concern over illegal Rs 6,000 crore transfer of funds through a Bank of Baroda branch, RBI Governor Raghuram Rajan today said it will be pursued both by the central bank and investigative agencies
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India in Goldilocks period; FY16 GDP likely at 7.6%: Nomura
Oct 14, 2015, 12:02 AM ISTNew Delhi: India is in a Goldilocks period of low inflation coupled with gradual recovery and the country is expected clock a GDP growth rate of 7.6 per cent this fiscal year, says a report.According
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Sensex zooms 266 pts, Nifty above 8,000 on capital inflows
Oct 01, 2015, 10:34 AM ISTMumbai : The benchmark BSE Sensex climbed over 266 points and the NSE Nifty regained 8,000-mark in early trade today on buying in IT, pharma and banking stocks amid a firming trend overseas.The 30-share index
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PM Modi's foreign visits need to be backed up with action on ground: Raghuram Rajan
Sep 30, 2015, 11:27 PM ISTNew Delhi: Reserve Bank Governor Raghuram Rajan on Wednesday described Prime Minister Narendra Modi as being "ahead of us" but said his visits abroad need to be backed up with "action on the ground"."I think
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Banks will have to follow new base rate calculation: Raghuram Rajan
Sep 29, 2015, 08:51 PM ISTMumbai: Reserve Bank Governor Raghuram Rajan today said the RBI is looking into banks' concern over adopting the marginal cost-based base rate regime but made it clear the lenders will have to follow the new
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My name is Raghuram Rajan and I do what I do: RBI Guv on rate cut
Sep 30, 2015, 07:39 AM ISTMumbai: "My name is Raghuram Rajan and I do what I do", was RBI Governor's response to comments that he was being Santa Claus in cutting interest rate by more than expected.Amid government and industry
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Central bank action will spur investment growth Arun Jaitley
Sep 29, 2015, 01:32 PM ISTNew Delhi: Welcoming the Reserve Bank of India's decision to cut short-term lending rates by 50 basis points, Finance Minister Arun Jaitley said on Tuesday this will support growth, while showing that inflationary pressures were
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RBI may cut interest rates to spur economy
Sep 29, 2015, 08:58 AM ISTNew Delhi: RBI Governor Raghuram Rajan may budge to government and industry pressure to cut interest rate with a view to spur economic recovery and mitigate the impact of slowing China on India.Most of the
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RBI seen to cut interest rate tomorrow, but may flag risks
Sep 28, 2015, 06:36 PM ISTNew Delhi: Reserve Bank Governor Raghuram Rajan is widely expected to cut interest rate tomorrow by a quarter per cent to a 4-year low to accelerate a sluggish economic recovery, but may underscore concerns over prices
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Raghuram Rajan should be sacked if he doesn't cut rates : Swamy
National | Sep 28, 2015, 08:59 PM ISTNew Delhi: Bharatiya Janata Party's firebrand leader Subramanian Swamy has said that Prime Minister Narendra Modi must instruct Reserve Bank of India (RBI) Governor Raghuram Rajan to either cut rates or be ready to be