Kaushik Basu, whose stint at the World Bank ends on July 31, was being looked at as a serious contender, the sources said
Here is some background on the candidates seen as potential successors to Rajan at the RBI
Rajan was expected to join the search committee to appoint three external members of a new six-member RBI Monetary Policy Committee
The six AP-1000 reactors would be built in Andhra Pradesh.
The success of Anil Ambani's ambitious defence plan will depend partly on whether he can persuade government officials and international partners that he can build sophisticated equipment and partly on whether the PM can get India's notoriously slow procurement process to work, say Paritosh Bansal, Sanjeev Miglani and Promit Mukherjee.
Mergers to create at most six state banks
From parity in 1980, China's economy has outgrown India's fivefold to $10 trillion
The RBI cut the rate several times last year to reduce it by 125 basis points to the current 6.75 percent.
India should not loosen its fiscal deficit targets in the forthcoming budget, Prime Minister Narendra Modi's top economic adviser Arvind Panagariya said.
The contract would give a big boost to India's $150 billion nuclear power programme, and a broader push to curb greenhouse gas emissions.
Critics say the programme, launched 10 months ago in India in collaboration with operator Reliance Communications, violates principles of net neutrality
This would make India the world's second-biggest nuclear energy market after China
The tax would create a single market in India for the first time.
Politicians appeal to key groups of voters like farmers or the poor by keeping prices low and ignoring theft, prompting scepticism about whether states will agree to any package that forces tariff hikes.
PM said he admires German leadership in clean energy and commitment to combating climate change.
India and Germany signed a deal on Monday to fast-track business approvals.
The government said on Wednesday a consensus was needed quickly to pass a business-friendly land reform law
The wholesale food index rose 2.88 per cent year-on-year.
The United States wants India to wait for a final nuclear deal between Tehran and world powers before actively engaging with Tehran.