Gokarn

With staying-at-home becoming the new normal and most Indian jewellery stores shut due to a nationwide lockdown, Mamta Vinay Gokarn is facing a dilemma: how to get a hold of gold on the second-most auspicious day in the Hindu calendar to buy the metal.

The key post of Executive Director at the multilateral agency had fallen vacant after the death of Dr Subir Gokarn in July this year.

Indian government bonds rallied on Tuesday, with the benchmark 10-year yields at over three-year lows, as investors bet on benign inflation data later in the day and awaited a government announcement on the next RBI governor.

Reserve Bank of India Governor Raghuram Rajan's successor is likely to be announced as early as this week, for which top contenders include NITI Aayog Vice Chairman Arvind Panagariya and former deputy governors of the central bank Subir Gokarn and Rakesh Mohan.

Amid intense speculation over the successor of RBI Governor Raghuram Rajan, Singaporean brokerage DBS on Friday said markets perceive the central bank as a credible and independent body, and would like to see the new head to continue with focus on inflation over growth.

The government has narrowed its long list of candidates for the next central bank governor to just four.

The government has whittled down its list of candidates to become the next governor of the Reserve Bank of India (RBI) to four, three of whom are economists and veterans of the central bank with the other the head of the country's largest bank.

A new Governor for the Reserve Bank of India may be appointed before the start of the monsoon session of Parliament next month even as former RBI Deputy Governor Rakesh Mohan appears to be emerging as the front runner for the job.

Also on the list of possible successors is Economic Affairs Secretary Shaktikanta Das and a trio of former or serving deputy central bank governors: Rakesh Mohan, Subir Gokarn and Urjit Patel.

In what is likely to appease the pro-growth lobby, Japanese brokerage Nomura has opined that most names being considered to fill the post of RBI Governor have a neutral-to-dovish stance on fighting inflation, unlike the incumbent Raghuram Rajan whose hawkishness is well known.

The RBI governor Raghuram Rajan stunned government officials and investors on Saturday by announcing he would step down when his term ends on September 4.

Rated as one of the finest economists, Gokarn has in past served as Deputy Governor of the Reserve Bank of India, Chief Economist of global rating agency Standard and Poor's (S&P) and head of CRISIL's Research and Information business and also a nominee Board Member of the State Bank Of India.

The commission, whose members are former finance secretary Sumit Bose and former RBI deputy governor Subir Gokarn, will submit its interim report before the Budget for 2015-16, and final report before the Budget for 2016-17.

With the growth bottoming out in the ongoing fiscal year (2013-14), experts are not very optimistic about India's economic picture changing significantly in the next fiscal year even if a new government comes to power after the general elections starting next month.

The Centre will ask Gujarat and Maharashtra governments to form special investigation teams to probe and initiate action in the issue of alleged violations by General Motors India related to its recall of 1.14 lakh units of multi-purpose vehicle Tavera.

With staying-at-home becoming the new normal and most Indian jewellery stores shut due to a nationwide lockdown, Mamta Vinay Gokarn is facing a dilemma: how to get a hold of gold on the second-most auspicious day in the Hindu calendar to buy the metal.

The key post of Executive Director at the multilateral agency had fallen vacant after the death of Dr Subir Gokarn in July this year.

Indian government bonds rallied on Tuesday, with the benchmark 10-year yields at over three-year lows, as investors bet on benign inflation data later in the day and awaited a government announcement on the next RBI governor.

Reserve Bank of India Governor Raghuram Rajan's successor is likely to be announced as early as this week, for which top contenders include NITI Aayog Vice Chairman Arvind Panagariya and former deputy governors of the central bank Subir Gokarn and Rakesh Mohan.

Amid intense speculation over the successor of RBI Governor Raghuram Rajan, Singaporean brokerage DBS on Friday said markets perceive the central bank as a credible and independent body, and would like to see the new head to continue with focus on inflation over growth.

The government has narrowed its long list of candidates for the next central bank governor to just four.

The government has whittled down its list of candidates to become the next governor of the Reserve Bank of India (RBI) to four, three of whom are economists and veterans of the central bank with the other the head of the country's largest bank.

A new Governor for the Reserve Bank of India may be appointed before the start of the monsoon session of Parliament next month even as former RBI Deputy Governor Rakesh Mohan appears to be emerging as the front runner for the job.

Also on the list of possible successors is Economic Affairs Secretary Shaktikanta Das and a trio of former or serving deputy central bank governors: Rakesh Mohan, Subir Gokarn and Urjit Patel.

In what is likely to appease the pro-growth lobby, Japanese brokerage Nomura has opined that most names being considered to fill the post of RBI Governor have a neutral-to-dovish stance on fighting inflation, unlike the incumbent Raghuram Rajan whose hawkishness is well known.

The RBI governor Raghuram Rajan stunned government officials and investors on Saturday by announcing he would step down when his term ends on September 4.

Rated as one of the finest economists, Gokarn has in past served as Deputy Governor of the Reserve Bank of India, Chief Economist of global rating agency Standard and Poor's (S&P) and head of CRISIL's Research and Information business and also a nominee Board Member of the State Bank Of India.

The commission, whose members are former finance secretary Sumit Bose and former RBI deputy governor Subir Gokarn, will submit its interim report before the Budget for 2015-16, and final report before the Budget for 2016-17.

With the growth bottoming out in the ongoing fiscal year (2013-14), experts are not very optimistic about India's economic picture changing significantly in the next fiscal year even if a new government comes to power after the general elections starting next month.

The Centre will ask Gujarat and Maharashtra governments to form special investigation teams to probe and initiate action in the issue of alleged violations by General Motors India related to its recall of 1.14 lakh units of multi-purpose vehicle Tavera.