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  Finance Ministry decides to revisit small savings interest rate

  September 29, 2015 21:30 IST

  New Delhi: The Finance Ministry today said the interest rate on small savings like PPF and post office deposits will be reviewed, but interest of small savers will be taken into account while doing so."It

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  RBI Governor Rajan backs Aadhaar cards, seeks more clarity after Suprme Court ruling

  September 18, 2015 16:58 IST

  Mumbai: Batting strongly for Aadhaar cards, RBI Governor Raghuram Rajan today sought greater clarity on the apex court ruling on the matter, saying its usage can help a deserving person get credit, avoid overborrowing by individuals and plug leakages."We

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  Governor doesn't need veto on rates, but needs autonomy: Raghuram Rajan

  August 04, 2015 17:54 IST

  Mumbai: In a conciliatory move, RBI Governor Raghuram Rajan today seemed willing to concede space on the vexed issue of veto power for the central bank chief and said a "broad consensus" has been reached

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  Clipping RBI chief's veto not an FSLRC proposal: Member

  August 02, 2015 12:16 IST

  New Delhi:  In a new twist, an FSLRC member has said the draft bill seeking to clip RBI chief's veto in deciding interest rates does not reflect the views of the panel and it actually

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  Decision on Indian Financial Code after public comments: Arun Jaitley

  July 27, 2015 17:25 IST

  New Delhi:  Finance Minister Arun Jaitley on Monday said the government will -- after receiving comments from stakeholders -- decide on the draft Indian Financial Code, which proposes to remove the RBI governor's veto right

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  Government to curb RBI Governor's power; can't veto on policy rate

  July 23, 2015 21:14 IST

  New Delhi: In a move that may dilute powers of Reserve Bank of India (RBI) chief, the government today proposed taking away his authority to veto the interest rate decision of the central bank's monetary

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  Need to gradually rationalise all subsidies: Jaitley

  January 19, 2015 11:50 IST

  Chennai: Ahead of the 2015-16 Budget, Finance Minister Arun Jaitley today said there was a need to rationalise all subsidies and ensure stability in policies to attract investment and drive growth.  “From January 1 LPG

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  There was not a word against RBI Governor: Arun Jaitley

  December 30, 2014 17:10 IST

  New Delhi: Finance Minister Arun Jaitley today sought to dispel the impression that he had taken on RBI Governor Raghuram Rajan on interest rate saying he had only suggested steps to boost India's manufacturing capabilities.

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  Debt waivers have not benefited farmers: RBI Governor

  December 28, 2014 8:14 IST

  Udaipur (Rajasthan): Debt waiver schemes of central and state governments have not benefited farmers as they restricted credit flow subsequently, Reserve Bank of India (RBI) Governor Raghuram Rajan said on Saturday."Studies have shown that debt

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  Government scraps selection of CMDs for six banks, initiates probe

  India | October 28, 2014 10:51 IST

  New Delhi: Government today scrapped the selection of six PSU bank heads during UPA tenure following a high-level panel finding irregularities in the process followed.The probe into the selections to banks like Bank of Baroda

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  RBI Governor promises Telangana CM to look into fresh farm loans

  October 16, 2014 7:06 IST

  Hyderabad: Reserve Bank of India Governor (RBI) Raghuram Rajan assured the Telangana government that he will soon sort out the issue relating to banks not pushing fresh farm loans to farmers.Chief Minister K Chandrasekhar Rao

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  Economic recovery in India still uneven: RBI Governor

  October 13, 2014 12:39 IST

  New York: Stating Indian economic recovery is still uneven, Reserve Bank of India (RBI) Governor Raghuram Rajan has exuded optimism that the country will be ‘solidly' in the five per cent growth bracket during the

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  Need to break back of inflation, says RBI Governor Raghuram Rajan

  September 26, 2014 7:44 IST

  Mumbai: Reserve Bank of India (RBI) Governor Raghuram Rajan has said that there was a need to ‘break the back' of inflation which remains high and controlling it would make the apex bank's position more

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  RBI governor counsels keeping FII debt limits

  September 16, 2014 21:20 IST

  Mumbai: Reserve Bank of India (RBI) Governor Raghuram Rajan Tuesday counselled continuing with limits on overseas investments in debt to curtail the country‘s reliance on foreign debt.“We are limiting our reliance on foreign debt. It's

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  RBI governor calls for diesel deregulation at earliest

  September 15, 2014 20:38 IST

  Mumbai: The country should take advantage of international oil prices, that have fallen rapidly below the $100 per barrel-mark, to deregulate diesel prices, Reserve Bank of India (RBI) Governor Raghuram Rajan said Monday.“Lower crude oil

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  Moving bond trading regulation to hit govt bond market: Rajan

  June 17, 2014 17:40 IST

  Mumbai: Reserve Bank of India Governor Raghuram Rajan today said shifting the regulation of bond trading from the central bank would have an adverse impact on the government bond market.“My personal view is that moving

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  Clear election result should improve economic prospects: Rajan

  June 03, 2014 18:37 IST

  Mumbai: The decisive election victory for the Narendra Modi-led National Democratic Alliance has created a conducive environment for policy actions and should help in economic recovery, Reserve Bank of India Governor Raghuram Rajan said today.Lead

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  RBI governor Rajan meets Narendra Modi

  June 17, 2014 9:21 IST

  New Delhi: Ahead of monetary policy review on Tuesday, Reserve Bank Governor Raghuram Rajan today called on Prime Minister Narendra Modi and is likely to have discussed the macro-economic situation and issues related to price

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  Rajan meets Jaitley; discusses inflation, economy

  May 27, 2014 16:30 IST

  New Delhi: Reserve Bank Governor Raghuram Rajan on Tuesday called on new Finance Minister Arun Jaitley and discussed the prevailing economic situation as well as the issues related to the rise in prices. The meeting, which

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  Retain Rajan as RBI Gov, Jagdish Bhagwati advises Modi

  May 19, 2014 20:41 IST

  New Delhi: Describing the BJP's election victory as an “astonishing triumph of Narendra Modi”, noted economist Jagdish Bhagwati on Monday (May 19) advised him to retain Raghuram Rajan as RBI Governor and to hold monthly