C Rangarajan

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C Rangarajan - Total results - 98
India becoming $5 trillion economy by 2025 'impossible' due to COVID-19 pandemic, says ex-RBI governor C Rangarajan
Business

India becoming $5 trillion economy by 2025 'impossible' due to COVID-19 pandemic, says ex-RBI governor C Rangarajan

India indeed needs a faster rate of growth to make up for the loss of output in the previous two years from the trend rate and must lay the foundation for faster growth in this year itself, the economist said

India expected to overtake Germany to become fourth-largest economy in 2026: Report
Business

India expected to overtake Germany to become fourth-largest economy in 2026: Report

India, which till recently was hailed as the world's fastest-growing major economy, has seen growth rate decline to a six-year low of 4.5 percent in the September quarter of 2019-20

India expected to overtake Germany, become fourth-largest economy by 2026, says report by UK-based economics consultancy
Business

India expected to overtake Germany, become fourth-largest economy by 2026, says report by UK-based economics consultancy

The report further said India is also set to reach a gross domestic product (GDP) of USD 5 trillion by 2026, 2 years later than the government's target.

Why big hype on touching $5-tn economy by year 2025 is largely meaningless for average Indians
Business

Why big hype on touching $5-tn economy by year 2025 is largely meaningless for average Indians

Now, even if one talks about the $5-trillion target, at the current rate of slowed growth, the target is merely wishful thinking.

Reaching $5 trillion GDP target by 2025 at current growth rate 'simply out of question', says former RBI governor C Rangarajan
Business

Reaching $5 trillion GDP target by 2025 at current growth rate 'simply out of question', says former RBI governor C Rangarajan

The Narendra Modi government soon after assuming office for the second term has set a target of taking the economy to $5 trillion over the next five years.

New RBI governor should follow his
Business

New RBI governor should follow his "dharma" to protect central bank's autonomy, says Rangarajan

Rangarajan said there are questions about the deflator that has been used and also on data on company affairs.

Banks need to overcome problems fast to lend large credit: Former RBI governor C Rangarajan
Business

Banks need to overcome problems fast to lend large credit: Former RBI governor C Rangarajan

C Rangarajan's remarks come amid the Rs 12,700 crore fraud detected recently at the Punjab National Bank (PNB) and the banking system's overall struggle to overcome mounting bad loans

PNB fraud: RBI had no clue on Rs 11,400 cr scam for seven long years; can a super regulator do the job?
India

PNB fraud: RBI had no clue on Rs 11,400 cr scam for seven long years; can a super regulator do the job?

The PNB fraud highlighted a larger systemic problem raising questions about the effectiveness of regulatory framework followed by Indian banking system, risk management practices and vulnerability of Indian banks to fraudulent transactions that extends across the border

Number of public sector banks may go down to 12 as govt mulls consolidation
Business

Number of public sector banks may go down to 12 as govt mulls consolidation

As part of a three-tier structure,there would be at least 3-4 banks of the size of SBI, the country's largest lender.

Raghuram Rajan says he was willing to stay, but could not reach an agreement with govt
Business

Raghuram Rajan says he was willing to stay, but could not reach an agreement with govt

"I think the way the speeches are sometimes interpreted, when you read the speeches it comes out the way the criticism appears," he said.

Remove addn'l tax in GST, need flexibility issues: Rangarajan
Business

Remove addn'l tax in GST, need flexibility issues: Rangarajan

The proposed 1 per cent additional tax on inter-state sales is against the spirit of Goods and Services Tax (GST) and that should not be implemented, former RBI Governor C Rangarajan said.

Free pricing of gas: Two cheers for Dharmendra Pradhan, Modi's oil reforms hero
Business

Free pricing of gas: Two cheers for Dharmendra Pradhan, Modi's oil reforms hero

One area where reforms are directionally in the right direction is petroleum. Dharmendra Pradhan is now moving towards freeing gas pricing.

New natural gas pricing formula by 30 September: Govt
India

New natural gas pricing formula by 30 September: Govt

Government on Wednesday said it will come out with a new natural gas pricing formula by 30 September keeping in mind the interest of investors and public.

Rangarajan report makes a joke of poor people: Mayawati
Politics

Rangarajan report makes a joke of poor people: Mayawati

Mayawati said the Rangarajan report findings were nothing but "making a joke of poor people."

Modi govt may appoint panel to devise simple gas pricing formula
India

Modi govt may appoint panel to devise simple gas pricing formula

The BJP-led new government may appoint an expert panel to recommend a less-complex formula for pricing of natural gas to resolve the imbroglio that has been holding up investments.

Government unlikely to implement gas price hike retrospectively
India

Government unlikely to implement gas price hike retrospectively

The government may not implement the delayed increase in price of natural gas with retrospective effect as it would be difficult to back charge higher bills from power and CNG consumers, an official said.

RBI should wait until budget before cutting rates: Rangarajan
India

RBI should wait until budget before cutting rates: Rangarajan

Retail inflation as measured by the consumer price index accelerated to a three-month high of 8.59 percent in April, pushed up by a sharp spike in food prices.

GDP growth in Q3 will be about 5%: PMEAC
India

GDP growth in Q3 will be about 5%: PMEAC

The PMEAC chairman expressed disappointment over delay in execution of large scale investment projects.

Pro-poor policies must promote growth: Rangarajan
India

Pro-poor policies must promote growth: Rangarajan

Rangarajan advocated public-private partnership model for delivery of social services such as health and education.