Business & Economics

BANK OF INDIA UNDER RBI LENS OVER NPAs

NEW DELHI (TIP): The RBI has initiated a ‘prompt corrective action’ against Bank of India for mounting bad loans, placing various restrictions on it including issuing of fresh loans and dividend distribution, BoI said today. In a filing […]

Urjit Patel
Business & Economics

House panel summons RBI’s Urjit Patel over note ban after Manmohan’s prod

NEW DELHI (TIP): Reserve Bank of India (RBI) governor Urjit Patel has been asked by a parliamentary panel to appear before it again on May 25 over the demonetization issue after former prime minister Manmohan […]

Business & Economics

NO SELF-CERTIFICATION? ACCOUNTS USED FOR OVERSEAS TRANSACTIONS TO BE BLOCKED

NEW DELHI (TIP): Bank accounts used for transfer of funds to and from other nations will have to provide additional details of transactions and identity by April 30 or get blocked, the income tax department […]

Business & Economics

RBI wants to circulate new Rs 200 notes through banks

NEW DELHI (TIP): The Reserve Bank of India (RBI) is likely to decide against circulating proposed new Rs 200 banknotes through ATMs to avoid another chaotic recalibration process similar to the one that followed the […]

Education

Raghuram Rajan recognized with distinguished service professorship

Former governor of the Reserve Bank of India Raghuram Rajan has been named the Katherine Dusak Miller Distinguished Service Professor of Finance by University of Chicago’s Booth School of Business. Another Indian American economist Oeindrila […]

Business & Economics

Multiple deposits of scrapped notes allowed till Dec 30: RBI

MUMBAI (TIP): Reserve Bank of India on Thursday clarified that account-holders can make multiple cash deposits in withdrawn currencies till December 30. RBI had on Wednesday reversed an earlier directive requiring banks to question customers […]

Other News

Ex-Professor Of Raghuram Rajan At IIT Delhi, Has Been Living With Tribals For 32 Years!

Alok Sagar, a former IIT professor, who used to teach Ex-RBI governor Raghuram Rajan, has been living in a remote village of Madhya Pradesh for 32 years. Sagar, who has an bachelor’s and a master’s […]

Business & Economics

RAGHURAM RAJAN WARNS AGAINST LOW RATES WORLDWIDE

MUMBAI (TIP): Three years before the 2008 global financial crisis, an Indian economist named Raghuram G Rajan+ presciently warned a skeptical audience of top economic thinkers that excessive risk threatened the entire global financial system. […]

Business & Economics

WHY MODI CHOSE URJIT PATEL AS RBI GOVERNOR

NEW DELHI (TIP): How the governor of the Reserve Bank of India came to be finalised is an interesting story. Urjit Patel was Prime Minister Narendra Modi’s first choice for the top job, according to […]

Business & Economics

Rajan wants longer term for RBI governor, says 3 years too short: Report

NEW DELHI (TIP): RBI governor Raghuram Rajan, whose three-year term comes to an end this September, pitched for a longer tenure for the central bank head, saying on June 30 that the global practice has […]

Business & Economics

CHICAGO UNIVERSITY WELCOMES RAGHURAM RAJAN BACK TO ACADEMICS

WASHINGTON (TIP): Welcoming Raghuram Rajan back to academics, the prestigious University of Chicago has said the outgoing RBI Governor’s experience as head of India‘s top central banker will be of great benefit when he returns to research and teaching later this year. “We […]

SWAMY FIRES ANOTHER SALVO
India

SWAMY FIRES ANOTHER SALVO AT RAJAN

NEW DELHI (TIP): Firing yet another salvo at RBI Governor Raghuram Rajan, BJP MP Subramanian Swamy on June 9 alleged that the former IMF chief economist had planted “a time bomb” in the Indian financial […]

Subramanian Swamy and Raghuram Rajan
India

RAJAN NOT ‘FULLY INDIAN’, SAYS SWAMY

NEW DELHI (TIP): In a fresh salvo at RBI Governor Raghuram Rajan, BJP MP Subramanian Swamy has written to Prime Minister Narendra Modi seeking immediate sacking of the former IMF Chief Economist while alleging he […]

India

Raghuram Rajan unfit to be RBI governor, should be removed: Subramanian Swamy

NEW DELHI (TIP): BJP leader Subramanian Swamy on May 12, suggested that Reserve Bank Governor Raghuram Rajan be removed from the post as he was responsible for “unemployment and collapse” of industrial activity. ” In […]

Business & Economics

SAVE INDIVIDUALS, NOT ‘LIVING DEAD’ COS: RAJAN

MUMBAI (TIP): RBI governor Raghuram Rajan has made a strong pitch for allowing inefficient organizations to die even as he called for a safety net for individuals. Rajan’s statement assumes significance in the backdrop of […]

Business & Economics

Need to relook at method of calculating GDP growth: Rajan

MUMBAI (TIP): Reserve Bank of India (RBI) governor Raghuram Rajan on Thursday revived the debate on the method of calculating gross domestic product (GDP), saying there are problems as it only talks about growth and […]

Business & Economics

RBI gets tough on debt issue

Two months after putting together a draft framework for rules on external commercial borrowings (ECBs), the Reserve Bank of India has issued a document overhauling the existing regulations. The ramifications of the changes are slowly […]

Business & Economics

RBI’s status quo on policy rates confirms economic recovery on track

MUMBAI (TIP): The Reserve Bank of India (RBI) left policy rates unchanged at its final monetary policy review for 2015, even as it confirmed that an economic recovery was on, and appears “sustainable”. The central […]

Business & Economics

RBI chief Rajan wants IMF to check monetary easing policies

Mumbai – The International Monetary Fund (IMF) should play an active role in questioning the easy monetary policies, or so called quantitative easing measures, adopted by the developed economies rather than sitting on the sidelines, […]

Business & Economics

Reserve Bank of India gives 50-Basis-Point Rate Cut: Markets surprised

In a surprise move Reserve Bank Governor Raghuram Rajan on Tuesday, Sep 29 announced to cut repo rate by 50 basis points to 6.75 per cent. The governor said many conditions laid down by the RBI […]

Business & Economics

RBI GOVERNOR RAJAN COMPLETES 2 YRS, PRESSURE MOUNTS TO CUT RATES

MUMBAI (TIP): As Governor Raghuram Rajan, known for his hawkish approach to inflation, completes tumultuous two years at RBI on Friday, calls for rate cuts have become shriller with the finance ministry raising alarm bells […]

No Picture
Business & Economics

INDIA’S EXPOSURE TO GREECE IS LIMITED, SAYS RBI GOVERNOR

CHENNAI (TIP): The governor of the Reserve Bank of India, Raghuram Rajan on July 2  said that the Indian economy was in a recovery phase. “There are signs of pick up in capital investments,” he […]

Business & Economics

INDIA’S WAR ON INFLATION STILL NOT WON, SAYS RAGHURAM RAJAN

MUMBAI (tip): The Reserve Bank of India (RBI) still has a way to go in fighting inflation and it is important that the central bank has the credibility to bring down inflation if it picks […]

United States

‘Time to Deliver Begins Now’ : Raghuram Rajan

‘Time to Deliver Begins Now’: Raghuram Rajan, Governor of the Reserve Bank of India NEW YORK CITY (TIP): The Consulate General of India, New York, in collaboration with the India-America Chamber of Commerce, held an […]

The Indian Panorama - Newspaper - Logo
Business & Economics

Rajan hints at higher G-sec limit for foreign investors

MUMBAI (TIP): The Reserve Bank of India governor Raghuram Rajan has hinted at increasing the ceiling for foreign investment in government debt. The governor, however, ruled out India being part of JP Morgan bond indices […]