Search Results for: Raghuram Rajan

rbi-chief-relies-on-dipping-trade-gap-to-comfort-market-worries

RBI Chief relies on dipping trade gap to comfort market worries

Mumbai, Nov 14 (ANI): Reserve Bank of India (RBI) governor, Raghuram Rajan, highlighted the narrowing current account deficit as he sought to reassure investors who are worried that the country would be hit hard in a global market sell-off. Rajan said that it was important for Reserve Bank of India (RBI) to clarify the interpretation of economic events and the likely direction of economic policies at times of uncertainty so that markets worry about right things. Seeking to comfort the investors, Rajan said that there has been a dramatic reduction in the country's trade gap as per the fresh datas. Rajan also sought to reassure investors worried about the rupee's stability after the RBI has allowed oil companies to source dollars directly in markets instead of a special window provided by the central bank. Nov 14, 2013
rbi-raises-repo-rate-by-25-bps-to-7-75-holds-crr

RBI raises repo rate by 25 bps to 7.75%, holds CRR

New Delhi, Oct 29 (ANI): In a bid to anchor inflationary expectations, the Reserve Bank of India on Tuesday hiked the repo rate by 0.25 percent to 7.75 percent in its second quarter monetary policy review. It however, slashed the Marginal Standing Facility (MSF) rate by 0.25 to 8.75 percent. The RBI has left the Cash Reserve Ratio (CRR) unchanged at 4 percent. Oct 29, 2013
raghuram-rajan-addresses-a-news-conference-at-the-banks-headquarters-in-mumbai-reuters

RBI Hikes Repo Rate by 25 bps; Lowers MSF

The Reserve Bank of India on Tuesday hiked its repo rate by 0.25 percent to 7.75 percent. This is the second time the central bank raised its interest rates in the past two months. Oct 29, 2013
cpi-slams-upa-govt-raghuram-rajan-for-filure-to-handle-inflation

CPI slams UPA govt & Raghuram Rajan for filure to handle inflation

New Delhi, Oct 15 (ANI): Talking about the recent inflation facing the country, CPI leader D Raja on Tuesday said that the UPA government and its policies have completely failed to control inflation and has become insensitivity towards the problems faced by the people of the country. Further, he slammed RBI Governor Raghuram Rajan and his economic policies of inviting foreign banks to India as it can deteriorate the situation even more. Oct 15, 2013
raghuram-rajan-report-will-help-bihar-get-more-financial-aid-nitish-kumar

Raghuram Rajan report will help Bihar get more financial aid: Nitish Kumar

Patna, Sep 26 (ANI): Bihar Chief Minister Nitish Kumar on Thursday hailed the Raghuram Rajan panel report that has ranked Bihar among India's least advanced states. Kumar said that the report will pave the way for getting more funds from the Centre for development in his state. He was speaking after release of a report of a panel headed by then Chief Economic Advisor Raghuram Rajan, now RBI Governor. The report has made a case for ending the "special category" criteria for providing additional assistance to poorer states and has suggested a new matrix to decide on which states should get the most financial assistance from the Centre. The report ranked Goa and Kerala as the most advanced state and Odisha and Bihar the least. Sep 26, 2013
rbi-hikes-repo-rate-by-0-25-to-7-5-part-2

RBI hikes repo rate by 0.25% to 7.5% Part - 2

Mumbai, Sep 20 (ANI): Reserve Bank governor Raghuram Rajan on Friday hiked the key repo rate by 0.25 per cent hereby increasing it to 7.5% from 7.25% with immediate effect. Sep 20, 2013
Prev 66 67 68 69 70 71 72 73 74 75 Next