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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: BSE, BSE, Rupee, BSE
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: Raghuram Rajan, RBI, RBI governor Raghuram Rajan, New Rs 10 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: inflation, RBI Governor Raghuram Rajan, monetary policy, RBI Governor Raghuram Rajan
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: indian central bank, national news headline, national news headline, national news headline
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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: Modi updates, PM Modi, ASSOCHAM, Raghuram Rajan
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: International Monetary Fund (IMF), Bank of Japan governor, RBI policies, Indian economic crisis
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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, Indian Financial Code, 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 currency in India, Plastic currency, RBI Governor Duvvuri Subbarao, Plastic notes
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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: demonetisation, RBI Governor Urjit Patel, RBI Deputy Governor R Gandhi, demonetisation
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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: Raghuram Rajan, RBI Governor, Raghuram Rajan, Repo rates
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: Arun Jaitley, RBI Governor meets Finance Minister, RBI, RBI Governor Raghuram Rajan
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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: RBI, Reserve Bank of India, Raghuram Rajan, Raghuram Rajan
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: Raghuram Rajan, Best Central Bank Governor, Best Central Bank Governor, Best Central Bank Governor
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: New Governor Appointed by RBI, Raghuram Rajan RBI Governor, New Governor Appointed by RBI, Fault Lines: How Hidden Factors Still Threaten the World Economy
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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: RBi, Cooperative system, Cooperative system, Interest rates
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: Gold Smuggling, Business News, India Government, Gold Imports Restrictions
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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 resignation, Urjit Patel resigns, Urjit Patel updates
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: Public sector banks, Nationalized banks, Indusind Bank, Public sector banks
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: Stock markets, NSE, Declination for Stock markets, NSE
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: Delhi Economic Conclave, Chidambaram at Delhi Economic Conclave, Government Pays Price For Price Rise, New Delhi
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