Raghuram Rajan

Raghuram Rajan defends RBI call for autonomy

Former Reserve Bank of India Governor Raghuram Rajan defended the central bank's call for greater autonomy from the government, saying ultimately the nation stands to benefit from an independent and robust RBI. Nov 6, 2018
Enforcement directorate

Rose Valley ponzi case: ED arrests Kolkata-based man

They said Sudipto Roy Choudhary, who ran a consultancy business, is a suspect in connection with a number of payments made in the chit fund scam case and payments worth crores made to him are under the ED's scanner. Nov 5, 2018
Iran Oil output

India may trade with Iran in rupee for oil supplies

India is expected to stimulate a previous arrangement of making payments in rupee in an account with UCO Bank. Since the bank does not have any international exposure, it would be safe from any sanctions. Nov 4, 2018