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Duvvuri Subbarao

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India implements CPI targets, cements Raghuram Rajan's legacy

Aug 05, 2016

India implements CPI targets, cements Raghuram Rajan's legacy

Some senior economists, including Rajan's predecessor at the RBI Duvvuri Subbarao, have urged India not to fixate on an inflation target given the need to ensure growth and financial stability. #IMF #Duvvuri Subbarao #Raghuram Rajan #RBI policy #Financial stability #Prime Minister Narendra Modi #Arjun Ram Meghwal #inflation target
Jairam Ramesh accuses D Subbarao of 'unnecessary controversy' in his memoirs

Jul 20, 2016

Jairam Ramesh accuses D Subbarao of 'unnecessary controversy' in his memoirs

Amid a debate on RBIs independence, sparked by its former Governor Duvvuri Subbarao's book, senior Congress leader Jairam Ramesh has accused him of stirring an unnecessary controversy and doing "grave injustice to his political masters". #Pranab Mukherjee #Finance minister #P. Chidambaram #Reserve Bank of India #Duvvuri Subbarao #Jairam Ramesh #State Bank of Hyderabad
Dr Rajan, it's time for the RBI itself to buy gold - as Subbarao did in 2009

Aug 11, 2015

Dr Rajan, it's time for the RBI itself to buy gold - as Subbarao did in 2009

The fall in global gold prices is an opportunity for the RBI to buy gold for its reserves. The same logic that applied in 2009, when it bought gold from the IMF, applies now. #Economy #RBI #Duvvuri Subbarao #InMyOpinion #International Monetary Fund #Raghuram Rajan #Gold reserves
Bankruptcy code: Jaitley should speed up, as Rajan is moving faster than him

Jun 09, 2015

Bankruptcy code: Jaitley should speed up, as Rajan is moving faster than him

The finance minister promised a bankruptcy code this year. Arun Jaitley should get this done quickly as the action against loan defaults and corporate failure is moving faster on the RBI side than on the legislative side. #Crony capitalism #RBI #Duvvuri Subbarao #ConnectTheDots #Kingfisher Airlines #Arun Jaitley #Vijay Mallya #Raghuram Rajan #Corporate Debt Restructuring #wilful defaulters #bankruptcy code #Sick Industrial Companies Act #Strategic Debt Restructuring
Full text: RBI's monetary policy of September 2013

Sep 20, 2013

Full text: RBI's monetary policy of September 2013

RBI's new Governor Raghuram Rajan today unveiled his first monetary policy after he took over from D Subbarao last month. Here's the full text of the policy. #Inflation #P. Chidambaram #CRR #Duvvuri Subbarao #Banking #Government #Repo rate #Raghuram Rajan #RBI Governor #rate increases
'Rockstar' Rajan begins well, but it's going to be a very long haul

Sep 05, 2013

'Rockstar' Rajan begins well, but it's going to be a very long haul

Firm, reformist and like a breath of fresh air, the new Reserve Bank governor has made more than the right noises. Now will come the real test, that of execution #Economy #India #RBI #Reserve Bank of India #Duvvuri Subbarao #Raghuram Rajan #Current Account Deficit #PolicyWatch #Raghuram Rajan speech
One cheer, and two boos for Subbarao as he bows out

Sep 03, 2013

One cheer, and two boos for Subbarao as he bows out

Subbarao did better than his predecessor YV Reddy, but he could have done more to stop the government from borrowing cheap and creating inflation. #Economy #RBI #D. Subbarao #Duvvuri Subbarao #ConnectTheDots #Raghuram Rajan #YV Reddy
Subbarao's legacy: He repeated history as farce and tragedy

Aug 23, 2013

Subbarao's legacy: He repeated history as farce and tragedy

Subbarao's aggressive use of interest rates to tame double-digit inflation (between March 2010 and September 2012) had only a limited impact on price rise, but succeeded in choking the growth rate of the economy #Inflation #Reserve Bank of India #Duvvuri Subbarao #InMyOpinion #UPA government #RBI Governor #Economic crisis
PM Manmohan Singh for new thinking on RBI's monetary policy

Aug 17, 2013

PM Manmohan Singh for new thinking on RBI's monetary policy

Prime Minister Manmohan Singh today called for evolving a fresh thinking on RBI's monetary policy in a globalised economy and dealing with the constraints of its macro economic policies. #Manmohan Singh #RBI #Duvvuri Subbarao #NewsTracker