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China’s Pain Can Be India’s Gain 08 September 2015
Indian Prime Minister Narendra Modi who is completely focused on the economic growth of the country has called up for a meeting to discuss about the financial possibilities and how the country can manage the global economic turbulence. He has...
Keywords: RBI Governor, Mukesh Ambani, Modi latest, ASSOCHAM
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RBI Governor’s veto power to be clipped 24 July 2015
The revised draft of the Indian Financial Code (IFC), released by the finance ministry has proposed the taking away the RBI chief's authority to veto the interest rate decision of the Central bank's monetary policy committee. The draft has also...
Keywords: RBI Governor, RBI Governor, RBI chairperson, RBI Governor
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Sensex gains 300 points 17 June 2014
It was a relief for the stock markets as they closed with gaining over 300 points. With Iraq crisis, the markets were completely down and the inflation added fuel to the fire. However, RBI Governor Raghuram Rajan's response on inflation...
Keywords: Dollar, RBI Governor Raghuram Rajan, BSE, Quick News
Read More Relaxation On Curbs on Gold Imports 24 December 2013
Due to the restrictions on the gold imports smuggling of gold in to India is rampant. To address the problem the Government seems to be considering the relaxation of the curbs on gold imports. In order to control the Current...
Keywords: Current Account Deficit (CAD), RBI, Yellow Metal, Yellow Metal
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RBI Governor says Inflation "quite high" 16 November 2012
Amidst demand for easing of interest rate, RBI Governor D Subbarao on Friday said inflation is "quite high" at 7.45 per cent even as the bank is conscious about economic growth. His remarks come as headline inflation fell to an...
Keywords: Dr.Subbarao, Inflation, Interest rates, Indian Economy
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When a school boy made RBI Governor Speechless 06 July 2015
RBI Governor Raghuram Rajan was known for his brilliance in implementing fruitful financial reforms. He was hailed by many British and US financial experts as well. But an energetic school boy of Class 8 have directed a sharp question to...
Keywords: Raghuram Rajan, Raghuram Rajan, RBI, RBI
Read More Government Pays Price For Price Rise- Chidambaram 11 December 2013
The Union Finance Minister Chidambaram admitted in the Delhi Economic Conclave in New Delhi that the current inflation caused Congress Government loose elections in four states. He said, "It is common knowledge that the government of the day will pay...
Keywords: RBI Governor Raghuram Rajan, Essential Commodities Act, commodities, Union Finance Minister Chidambaram
Read More New Governor Appointed by RBI 07 August 2013
Raghuram Rajan is appointed in place of the present Governor of the Reserve Bank of India Duvvuri Subba Rao on 4th September. He is appointed as the Governor of RBI for a tenure of 3 years. Raghuram Rajan who is...
Keywords: Duvvuri Subbarao RBI Governor, Duvvuri Subbarao RBI Governor, New Governor Appointed by RBI, Raghuram Rajan RBI Governor
Read More RBI Governor meets Finance Minister 27 May 2014
RBI Governor Raghuram Rajan met new Finance Minister Arun Jaitley this afternoon. Both had a brief discussion about inflation and other topics. Later Rajan said that to bring down the infaltion, RBI will definitely work with the new government.
Keywords: Raghuram Rajan met Finance Minister Arun Jaitley, RBI Governor meets Finance Minister, RBI, Raghuram Rajan met Finance Minister Arun Jaitley
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RBI has not announced any rate changes 04 August 2015
Reserve Bank of India on today kept its policy rates unchanged, while the governor Raghuram Rajan said that the headline inflation is at elevated levels and banks are yet to pass on the full benefits of previous rate cuts. The...
Keywords: RBI, Repo rates, Repo rates, Raghuram Rajan
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Shocker: RBI Governor Urjit Patel Resigns 11 December 2018
Shocker: RBI Governor Urjit Patel Resigns:- The Reserve Bank of India's Governor Urjit Patel submitted his resignation last evening citing personal reasons. With increasing tensions between the Finance Ministry and RBI, Urjit Patel submitted his resignation. The 55-year-old Urjit Patel...
Keywords: Urjit Patel updates, Urjit Patel, Urjit Patel news, Urjit Patel news
Read More Rajan's maiden policy review hits stock market 20 September 2013
Stock markets today declined rapidly by 2.7 per cent soon subsequent to the Reserve Bank's advocating war policy announcement in which it moved up the repurchase agreement rate by 0.25 per cent. In fact, the stock market barometer BSE Sensex,...
Keywords: NSE, Nifty, BSE Sensex, Indian stock markets
Read More Rock Star economist Raghuram in hot seat 05 September 2013
At present, the chair of the RBI chief is the hottest seat there is. Taking control is 'Rock star' economist Raghuram Rajan, who had been appointed as the 23rd RBI governor on 4th September. Rajan has taken the steering wheel...
Keywords: Central Bank, Central Bank, Bank of Japan governor, Central Bank
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Rs 1000 notes to make a come back 21 February 2017
RBI is planning to remonetise the Rs 1000 notes shortly. The Reserve Bank of India (RBI) may introduce a new series of Rs 1,000 notes, to replace the earlier notes of similar denomination. RBI has already started the production of...
Keywords: cash crunch, RBI Governor Urjit Patel, RBI Deputy Governor R Gandhi, Reserve Bank of India (RBI)
Read More Plastic currency to take over? 09 May 2013
So far only bank cards are called plastic currency. Now the term is going to extend to currency too. Reserve Bank of India is going to replace the present currency with plastic currency gradually in stages. On an experiment basis,...
Keywords: Plastic notes, First Rs.10 notes in plastic, Plastic currency in India, Plastic notes
Read More Costlier onions not wiping anyone's tears 17 September 2013
Onions just got dearer. Many reasons have been blamed for the soaring prices of one of the most loved ingredients in everyone's curry. However, this curry is turning out to be a luxury. Latest reports indicate that onion prices have...
Keywords: Onions get costlier, inflation, inflation, Latest onion price
Read More Foreign Banks Cannot Go Beyond Regional Banks 18 October 2013
The RBI Governor Raghuram Rajan's announcement to make path for the foreign banks to enter Indian Banking Market and also allowing them to take over Indian Banks gave room to speculations in Indian markets. But if one comes to...
Keywords: Indusind Bank, Dhana Laxmi Bank, Yes Bank, Kotak Mahindra Bank
Read More RBI Governor Subbarao : all applicants cant be bestowed bank licences! 04 July 2013
The Reserve Bank Of India (RBI) Governor Duvvuri Subbarao announced on Thursday that every companies who possess eligibility that have applied for bank licences will be bestowed one. Beforehand this week, the RBI said it had received 26 applications for...
Keywords: non-performing assets at lenders, mandatory cash reserves, mandatory cash reserves, all applicants cant be bestowed bank licences
Read More RBI to issue new Rs 10 notes 08 April 2014
Reserve Bank of India [RBI] on Monday announced that it would release fresh Rupees 10 notes with new governor Raghuram Rajan signature. However RBI did not mention any date for the launch of these notes but they are expected in...
Keywords: RBI governor Raghuram Rajan, RBI to issue new Rs 10 notes, RBI to issue Rs 10 notes with Raghuram rajan signature, New Rs 10 notes
Read More Rajan wins Governor award 13 January 2015
Reserve Bank of India Governor Raghuram Rajan was conferred with 'Governor of the Year' in the Central Banking Awards for 2015 by a British magazine. This is Rajan's second major award and he had earlier won the "Best Central Bank...
Keywords: Central Banking Awards, Central Banking Awards, Raghuram Rajan, RBI governor Raghuram Rajan
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