Neha Dasgupta And Rajesh Kumar Singh

Stories by Neha Dasgupta And Rajesh Kumar Singh

High retail inflation diminishes rate cut hopes

High retail inflation diminishes rate cut hopes

Rediff.com   12 Jul 2016

While a pick-up in summer monsoon rains in recent weeks is expected to cool food inflation, most analysts don't anticipate another rate cut before a new governor is on the job

Modi could name Arvind Panagariya as RBI governor: TV channels

Modi could name Arvind Panagariya as RBI governor: TV channels

Rediff.com   11 Jul 2016

Panagariya, who heads the government's main economic advisory body NITI Aayog, is also India's Group of 20 summit negotiator

India's infrastructure output growth hits 5-month low

India's infrastructure output growth hits 5-month low

Rediff.com   30 Jun 2016

Annual growth in electricity production last month slowed to 4.6 per cent from 14.7 per cent in April.

Factbox: Potential successors to RBI chief Rajan

Factbox: Potential successors to RBI chief Rajan

Rediff.com   28 Jun 2016

Here is some background on the candidates seen as potential successors to Rajan at the RBI

As RBI chief Rajan retreats, his long-time nemesis advances

As RBI chief Rajan retreats, his long-time nemesis advances

Rediff.com   21 Jun 2016

While he has plenty of critics at home, Rajan is a favourite among foreign investors and has been credited for bringing inflation under control.

Raghuram Rajan: A victim of dirty politics

Raghuram Rajan: A victim of dirty politics

Rediff.com   21 Jun 2016

Even before Prime Minister Narendra Modi swept to power in 2014, Subramanian Swamy was agitating for Rajan's removal.

Raghuram Rajan was 'forced to quit'

Raghuram Rajan was 'forced to quit'

Rediff.com   19 Jun 2016

Raghuram Rajan joked he wasn't expecting to win any votes or Facebook 'likes' in the position.

Wanted: An independent RBI chief to champion Indian reforms

Wanted: An independent RBI chief to champion Indian reforms

Rediff.com   19 Jun 2016

The RBI is not statutorily independent from the government but has long enjoyed wide latitude

India seen pressing ahead with bank clean-up despite Rajan's exit

India seen pressing ahead with bank clean-up despite Rajan's exit

Rediff.com   19 Jun 2016

Bankers and government officials told Reuters Rajan's successor may be less aggressive in fighting bad loans, but the general direction will remain the same

India's trade deficit widens to three-month high in May

India's trade deficit widens to three-month high in May

Rediff.com   15 Jun 2016

Imports dropped 13.16 per cent year-on-year

Scope to cut rates if inflation heads to 5%: Rajan

Scope to cut rates if inflation heads to 5%: Rajan

Rediff.com   8 Jun 2016

Rajan said the central bank has used up all its "space available" to cut interest rates

RBI chief Rajan wins over Modi despite broad mistrust

RBI chief Rajan wins over Modi despite broad mistrust

Rediff.com   1 Jun 2016

The first signs of growing bonhomie between Modi and Rajan came early last year, when Modi called Rajan the "best teacher" for explaining complex economic issues to him.

India set to retain fastest growing economy tag

India set to retain fastest growing economy tag

Rediff.com   31 May 2016

India's upbeat outlook contrasts with neighbouring China, where growth slipped to 6.7 in the first quarter

Banks still resisting rate cuts as liquidity row with RBI drags on

Banks still resisting rate cuts as liquidity row with RBI drags on

Rediff.com   25 May 2016

These cash shortages increase banks' funding costs, making it harder for them to lower lending rates

After benefits of cheap oil, India counts cost of reduced Gulf remittances

After benefits of cheap oil, India counts cost of reduced Gulf remittances

Rediff.com   25 May 2016

The prospect of further falls in remittances is a hindrance for the Reserve Bank of India, as it seeks to bullet-proof the economy against sudden capital outflows

Faster fiscal consolidation key for India ratings upgrade: Moody's

Faster fiscal consolidation key for India ratings upgrade: Moody's

Rediff.com   19 May 2016

The ratings agency currently rates India at Baa3

Rajan says taking steps to 'firewall' the economy

Rajan says taking steps to 'firewall' the economy

Rediff.com   13 May 2016

In 2013, India suffered its worst currency crisis in more than two decades but has regained the confidence of foreign investors in part after its current account deficit has narrowed sharply and its foreign exchange reserves hit a record high

India's retail inflation snaps easing trend, interest rates seen on hold

India's retail inflation snaps easing trend, interest rates seen on hold

Rediff.com   12 May 2016

Slowing inflation prompted the RBI to cut the policy repurchase rate last month by 25 basis points to 6.50 percent, the lowest since 2011.

Bill to reform India's interest rate, monetary policy soon

Bill to reform India's interest rate, monetary policy soon

Rediff.com   5 May 2016

The inflation target of the RBI would be reviewed once every five years.

Modi govt eyes cleanup of bad debt mountain as wary state banks hesitate

Modi govt eyes cleanup of bad debt mountain as wary state banks hesitate

Rediff.com   5 May 2016

India's $121 billion troubled debt pile, over $100 billion of which is on the books of state-owned banks, has come under close scrutiny from prosecutors, the media and politicians