Selecting next RBI chief: Scrap the committee, use the old system

Sooner the government finalises its choice, the better it will be for ensuring stability in the country’s financial system. With the Reserve Bank of India Governor Raghuram Rajan announcing......

Urjit Patel's elevation shows govt's willingness to fight inflation

Investors will look to the new governor to continue the banking sector clean-up with the same urgency as Mr Rajan, who was targeting fully cleaned-up and provisioned balance sheets by March 2017......

Why Rajan is a worried man

  Those accusing me of having stayed behind the curve should first explain how inflation is very low to warrant lower interest rates, says Rajan. Interacting with journalists on Sunday, the......

How Modi could have avoided Rajan's exit

If senior government officials are attacked by a senior BJP member without any condemnation from the government, the bureaucracy is likely to feel even more isolated and look for safety in inaction......