Pm Modi Raghuram Rajan

The Congress on Thursday hit out at the Narendra Modi government over the "continuous fall" of the Indian Rupee and accused it of always being in electioneering mode and having no focus on economic issues.

Shaktikanta Das, overseeing what was until recently the world's fastest-growing major economy, has worked tirelessly to restore relations with the government after a bitter public spat led his predecessor Urjit Patel to quit.

Prime Minister Narendra Modi described Reserve Bank of India (RBI) Governor Urjit Patel as a "thorough professional with impeccable integrity" in a tweet today, minutes after the top central bank official resigned with immediate effect. His government was embroiled in a bitter clash with the RBI over autonomy issues until recently, a factor that ma...

Excessive centralisation of power in the political decision making is one of India's main problems, former Reserve Bank of India Governor Raghuram Rajan has said, at a time when the country's central bank is locked in a tussle with the central government over its independence.

Two years ago, when Urjit Patel replaced the flamboyant Raghuram Rajan as the 24th governor of the Reserve Bank of India, he had a quiet first day at work away from media glare. He had already served as the deputy governor at the RBI for three years before that. He was expected to maintain a low profile unlike his predecessor who had reportedly ups...

While PM Modi's drive to unearth unaccounted wealth did not deliver the desired result, it hurt consumer demand in a country where most people are paid in, and buy what they need with, cash.

Arvind Panagariya resigned as vice chairman of the Niti Aayog today, saying he would like to return to academics in the US. He is the second high-profile economist after Raghuram Rajan, the former Governor of Reserve Bank, to quit a top job in India to return to academics.

Resolutions of bad loans stalled because banks weren't able to agree on write downs while company founders balked at renegotiating loan terms that included losing control of their firms.

The government has picked three economists from the academic world for a new monetary policy committee to set interest rates, as the Reserve Bank of India gets ready for a landmark switch in the way it decides policy.

Urjit Patel will be the new governor of Reserve Bank of India, to replace popular central banker Raghuram Rajan when his term ends in September. The chief of RBI is typically chosen by the prime minister in consultation with the finance ministry, making Mr Patel the first governor to be chosen by Prime Minister Narendra Modi.

The clock is ticking as far as an announcement on the successor to RBI governor Raghuram Rajan is concerned. On Thursday afternoon Prime Minister Narendra Modi met Finance Minister Arun Jaitley for over an hour.

Delivering his third Independence Day address, PM Modi backed the 4 percent inflation target, within a range of 2 percentage points either way, that had been agreed with outgoing Reserve Bank of India Governor Raghuram Rajan.

Reserve Bank's outgoing Governor Raghuram Rajan, whose outspoken views have often been seen as being critical of the government, feels whatever he will say on Prime Minister Narendra Modi will be "problematic".

Dispelling fears that Goods and Services Tax (GST) will fuel inflation, Prime Minister Narendra Modi on Monday said the government and the Reserve Bank of India have agreed to maintain an inflation target of 4 per cent.

BJP leader Subramanian Swamy today once again attacked Raghuram Rajan on the monetary policy, over a month after Prime Minister Narendra Modi had disapproved of his criticism of the RBI chief.

The Congress on Thursday hit out at the Narendra Modi government over the "continuous fall" of the Indian Rupee and accused it of always being in electioneering mode and having no focus on economic issues.

Shaktikanta Das, overseeing what was until recently the world's fastest-growing major economy, has worked tirelessly to restore relations with the government after a bitter public spat led his predecessor Urjit Patel to quit.

Prime Minister Narendra Modi described Reserve Bank of India (RBI) Governor Urjit Patel as a "thorough professional with impeccable integrity" in a tweet today, minutes after the top central bank official resigned with immediate effect. His government was embroiled in a bitter clash with the RBI over autonomy issues until recently, a factor that ma...

Excessive centralisation of power in the political decision making is one of India's main problems, former Reserve Bank of India Governor Raghuram Rajan has said, at a time when the country's central bank is locked in a tussle with the central government over its independence.

Two years ago, when Urjit Patel replaced the flamboyant Raghuram Rajan as the 24th governor of the Reserve Bank of India, he had a quiet first day at work away from media glare. He had already served as the deputy governor at the RBI for three years before that. He was expected to maintain a low profile unlike his predecessor who had reportedly ups...

While PM Modi's drive to unearth unaccounted wealth did not deliver the desired result, it hurt consumer demand in a country where most people are paid in, and buy what they need with, cash.

Arvind Panagariya resigned as vice chairman of the Niti Aayog today, saying he would like to return to academics in the US. He is the second high-profile economist after Raghuram Rajan, the former Governor of Reserve Bank, to quit a top job in India to return to academics.

Resolutions of bad loans stalled because banks weren't able to agree on write downs while company founders balked at renegotiating loan terms that included losing control of their firms.

The government has picked three economists from the academic world for a new monetary policy committee to set interest rates, as the Reserve Bank of India gets ready for a landmark switch in the way it decides policy.

Urjit Patel will be the new governor of Reserve Bank of India, to replace popular central banker Raghuram Rajan when his term ends in September. The chief of RBI is typically chosen by the prime minister in consultation with the finance ministry, making Mr Patel the first governor to be chosen by Prime Minister Narendra Modi.

The clock is ticking as far as an announcement on the successor to RBI governor Raghuram Rajan is concerned. On Thursday afternoon Prime Minister Narendra Modi met Finance Minister Arun Jaitley for over an hour.

Delivering his third Independence Day address, PM Modi backed the 4 percent inflation target, within a range of 2 percentage points either way, that had been agreed with outgoing Reserve Bank of India Governor Raghuram Rajan.

Reserve Bank's outgoing Governor Raghuram Rajan, whose outspoken views have often been seen as being critical of the government, feels whatever he will say on Prime Minister Narendra Modi will be "problematic".

Dispelling fears that Goods and Services Tax (GST) will fuel inflation, Prime Minister Narendra Modi on Monday said the government and the Reserve Bank of India have agreed to maintain an inflation target of 4 per cent.

BJP leader Subramanian Swamy today once again attacked Raghuram Rajan on the monetary policy, over a month after Prime Minister Narendra Modi had disapproved of his criticism of the RBI chief.