Page 16 - Raghuram Rajan

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

BJP leader Subramanian Swamy has been agitating for Rajan's removal as RBI chief since before Modi came to power

Here's what foreign brokerages have to say on Rexit

While expressing caution on rupee volatility, the brokerages also see short-term negative impact on the markets

India unveils broad foreign investment reforms after Rajan's exit

The new reform measures also relax restrictions on inbound investments in pharmaceuticals and single-brand retail

Subramanian Swamy's ego responsible for 'efficient' Raghuram Rajan quitting: NCP

NCP leader Majeed Memon said it is very sad that Arun Jaitley has succumbed to pressure from Rajan's critics

RBI chief Rajan felt undermined in weeks before quitting: Sources

The hostility he had faced of late from elements of Modi's ruling party was evidently greater than he had counted on

Jaitley wanted Rajan to continue, but 'Sangh' lobbied against it: JD (U)

Rajan on Saturday announced that he would return to the academic world at the end of his term on September 4, 2016

Rupee opens weaker, bond yields tighten on Rajan's exit news

Currency opens 54 paise lower at 67.68 against Friday's close; government bond yields was trading at 7.53%

Sebi, exchanges beef up surveillance to tackle Rexit jitters

Banks and forex dealers fear that Rajan's exit this September could trigger capital outflows amid jitters among foreign investors

Opposition accuses RSS, BJP ministers of lobbying against Raghuram Rajan

The party also said Rajan's exit is the 'most unpleasant thing' for the country

Raghuram Rajan leaving not a good sign for Indian economy: ASSOCHAM

In an announcement yesterday, Rajan said he will step down as RBI Governor in September

Rexit 'bad omen' for Indian economy, reputation abroad:Experts

Rajan's colleague at Chicago University Booth School of Business Luigi Zingales termed it is a huge loss for India

Conflicting policies with government responsible for Rajan's exit: Congress

Escalating his attack on the Centre, Congress leader Pramod Tiwari described its economic and foreign policy as a 'lost wanderer'

FM: Decision on successor soon

In his letter, Rajan has said that the decision to leave was taken after consultation with the government

Reactions to Rajan's decision: Govt appreciates good work done by Rajan, says Arun Jaitley

Officials from PMO and the Finance ministry have made no immediate comment on the development

Top 10 quotes of RBI Governor Raghuram Rajan

The RBI chief is known for his wit and frank views on the state of affairs in the Indian and global economy

Now, Narayana Murthy says Raghuram Rajan deserves 2 more terms

Five key voices that came out in support of the RBI governor

Letters: An alternative to Rajan

With reference to Mihir S Sharma's column, "Why Raghuram Rajan matters" (June 15), it is not so much a question of renewing Rajan's term as the Reserve Bank of India governor as it is of considering whether another competent person with a different vision of the country's central bank and its main tasks could be tried.Four to five years is not a small time in which to prove one's mettle as the head of the RBI. The country has not seen anything big happen to its finances or economy during Rajan's tenure, except for the tightened inflation, for which factors such as a decisive government at the Centre and more clarity and thrust on reforms are responsible.Compare Rajan's tenure with Y V Reddy's. The latter brought the country out of global tumults and insulated it from their fallouts. More than good lectures and high visibility, we require someone who can deliver results. The RBI should bear a major part of the brunt for the state of the banking system today, which is saddled with non-pe

Letters: Course correction

Apropos Mihir S Sharma's column, "Why Raghuram Rajan matters" let it be reasserted that the outrage was not against well-informed, balanced media discussions on public issues; it was specifically against personal attacks on Reserve Bank of India Governor Raghuram Rajan. Rajan has responded gracefully, ignoring the bids to tarnish his image.Unless exceptional situations materialise, positions such as the one held by Rajan should have a longer tenure of five to 10 years. Rajan should have been appointed for a full five-year term in 2013. But this is what happens when governments take short-term views on crucial issues.Although past decisions can't be rewound to correct them, if Rajan had been groomed for a year starting September 2013, D Subbarao's term had been extended by another year and Rajan had then been given a five-year term beginning September 2014, financial sector reforms would have been implemented faster during Rajan's era.Hopefully, there will now be a rectification by reap

Mihir S Sharma: Why Raghuram Rajan matters

Transition in RBI's top job should be openly discussed, and the pros and cons of possible candidates weighed by the public

Rajan being attacked for fighting crony capitalism: Economist

Author Luigi Zingales says the RBI governor is being attacked for fighting the inefficiency of the banking system