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About 10 results for "governorrsquo"

'Bureaucratic process for selecting RBI governor is wrong'
Rediff.com

'Bureaucratic process for selecting RBI governor is wrong'

'Reserve Bank is an autonomous institution and, as governor, I am supposed to make judgments on issues in the domain of the central bank.' 'The governor of the Reserve Bank is more than a regulator.' 'The government has turned to a path of fiscal consolidation.' A candid account of a five-year stint as Reserve Bank of India governor by Duvvuri Subbarao, below, left, could not have come at a more opportune time, as the Narendra Modi government has to shortly take a decision on appointing ... Rediff.com, 1 day ago

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Oregonian, 3 months ago
Turkish Weekly, 4 months ago
LEX 18, 5 months ago
KCEN HD, 6 months ago
Rediff.com

How the government mismanaged Rajan's exit

While Swamy kept his public diatribe going for quite some time, the PM, whom nobody can accuse of being economical with words, chose to remain silent -- leaving the door open for conspiracy theories, notes Shyamal Majumdar. In his interview to Times Now on Monday, Prime Minister Narendra Modi strongly defended Raghuram Rajan and spoke fondly of his 'good experience and appreciation' of working with the outgoing Reserve Bank of India Governor. Modi did what all strong leaders should do — ...
 Rediff.com2 weeks ago
Rediff.com

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 his decision to return to academia at the end of his current tenure in September this year, the government must now get down to the important task of finding his successor without any delay. The global economic situation is not too stable. Though the markets in India have taken in their stride the ...
 Rediff.com4 weeks ago
Rediff.com

Rexit leaves India Inc disappointed

India's captains of industry said they were disappointed at the exit of Reserve Bank of India Governor Raghuram Rajan, adding the country needs a strong leader at the central bank. India’s captains of industry said they were disappointed at the exit of Reserve Bank of India Governor Raghuram Rajan, adding the country needs a strong leader at the central bank. Leaders of India Inc are worried that Rajan returning to academia may unsettle markets at a time when inflation is showing signs of ...
 Rediff.com1 month ago
Rediff.com

Did EC set a dangerous precedent with TN re-poll order?

In writing to the government for a change in the law, the Election Commission has actually acknowledged the future possibility of countermanding polls to curb the use of money power, says N Sathiyamoorthy.   Has the Election Commission shot itself in the foot? The question arises in the light of the EC countermanding polls in two constituencies -- Aravakurichi and Thanjavur -- in the recent elections to the Tamil Nadu legislative assembly. The EC sought specific powers to postpone or ...
 Rediff.com1 month ago
Rediff.com

Gambling to be legal? Maharashtra to take a call

  Currently, only Goa and Sikkim allow casinos. The Maharashtra government will soon decide whether to allow casinos to function in the state. The government has already received two proposals assuring over Rs 1,000 crore (Rs 10 billion) a year to the exchequer if it operationalises a 1976-legislation to make offshore casinos legal. Currently, only Goa and Sikkim allow casinos. The Maharashtra Tourism Development Corporation has now taken the initiative to push the proposal down ...
 Rediff.com2 months ago
Rediff.com

Stock market volatility low despite Brexit

Despite Britain’s vote to exit (Brexit) from the European Union, the stock volatility index here as measured by India VIX, has seen a steady decline. The gauge, which measures investors’ perception about the risk of sharp swings in the market, has been around 15 for almost a month, even as the benchmark Nifty on the National Stock Exchange has surged. A VIX value below 20 indicates there is unlikely to be sharp swings in the market and a value above 30 hints at volatile moves. The ...
 Rediff.com1 week ago
Rediff.com

RBI chief's appointment: No clarity yet on selection panel's role

  It is the Prime Minister and the Finance Minister’s prerogative on how they want the appointment process to be. The government has left unclear the mandate of the selection committee which has been tasked to recommend names for top posts at regulatory bodies The government has left unclear the mandate of the selection committee which has been tasked to recommend names for top posts at regulatory bodies. This gains importance in the backdrop of mounting speculation on a second term ...
 Rediff.com1 month ago
Rediff.com

Curb 'unnecessary' speculation over my future: Rajan

Raghuram Rajan is said to have informally written to select policymakers and experts, to curb 'unnecessary' speculation over his future at RBI. Image: Raghuram Rajan remains a popular choice to get a second term. Photograph: Reuters     Amid mounting speculation over a possible second term for Reserve Bank of India governor Raghuram Rajan, the governor himself is said to be concerned about currency and bond markets’ reactions to various media reports. Rajan is said to have ...
 Rediff.com1 month ago
Rediff.com

An agenda for Amma

Fulfilling the promises made in the manifesto, a resurgent Opposition in the state assembly, impending local body polls… Tamil Nadu Chief Minister Jayalalithaa may have made history by winning two assembly elections in a row, but the real test begins now, says N Sathiyamoorthy.   Now that her ruling All India Anna Dravida Munnetra Kazhagam has made history in Tamil Nadu after three decades, by winning two assembly elections in a row, Chief Minister Jayalalithaa should be looking ...
 Rediff.com2 months ago
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