Search Results for: Raghuram Rajan

lower-minimum-support-prices-will-help-curb-inflation-raghuram-rajan

Lower minimum support prices will help curb inflation: Raghuram Rajan,

Mumbai, Feb 14 (ANI): Reserve Bank of India Governor Raghuram Rajan, has said that a moderation in the minimum support prices for agricultural products would help curb inflation in the country. He said that inappropriate price adjustments in these areas will burden the central bank. Rajan added that it was best for the reserve bank to link prices to market realities. Feb 14, 2014
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Montek Singh Ahluwalia on RBI hiking repo rate

Bangalore, Jan 28 (ANI): Planning Commission Deputy Chairman Montek Singh Ahluwalia on Tuesday said that RBI governor Raghuram Rajan is right to give the signal that they are going to do whatever is necessary to control the inflation. He added that it is a correct approach. Jan 28, 2014
rbi-hikes-repo-rate-by-25-bps

RBI hikes repo rate by 25 bps

New Delhi, Jan 28 (ANI): The Reserve Bank of India on Tuesday unexpectedly raised policy interest rate by 25 basis points. RBI Governor Raghuram Rajan however said that if consumer price inflation eases as projected it does not foresee further near-term tightening. Jan 28, 2014
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No change in interest rates, RBI governor says may act on off-policy dates if inflation does not mod

New Delhi, Dec 18 (ANI): Reserve Bank of India (RBI) Governor Raghuram Rajan surprised the financial markets by keeping the repo rate, or the main lending rate, unchanged at 7.75 per cent. Rajan unexpectedly kept the country's policy interest rate on hold despite calling current inflation too high, citing the prospect of easing retail prices and its concerns about the weak domestic economy. The RBI had been widely expected to lift its repo rate by 25 basis points. Dec 18, 2013
raghuram-rajan-admits-to-low-growth-rate-higher-inflation

Raghuram Rajan admits to low growth rate & higher inflation

Kolkata, Dec 13 (ANI): Reserve Bank of India (RBI) Governor Raghuram Rajan said that the growth rate of the economy was weaker but inflation was higher than desired. Rajan on Thursday, said that data showed a sharply higher food prices in the country. Rajan added the RBI would take all data into account and that the RBI was "very uncomfortable" with the current level of inflation. The RBI also warned regulators to be vigilant against ponzi schemes. Dec 13, 2013
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More data needed to be confident on economic pick-up: Raghuram Rajan

Kolkata, Dec 12 (ANI): RBI chief, Raghuram Rajan has stated that more economic data is needed to be confident that economic growth is picking up, although he added that the benefits to exports from the rupee's fall is yet to kick in. Rajan stated this while addressing the ‘5th National Conference on Leadership’ in Kolkata. Rajan added that the rupee has stabilised "somewhat", but said there is no room for complacency. He also called on the government to continue its efforts to contain the fiscal deficit and said raising subsidised diesel prices to market levels would help. Dec 12, 2013
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