Subbarao

Raghuram Rajan's exit: A targeted campaign led to RBI governor's decision

The world will question why was an extremely competent and capable man as Rajan not given a second term and how will the government explain that, I wonder, writes former banker Meera Sanyal.

Task cut out for FM, RBI after December IIP print

With global signals continuing to be weak, the rating agencies keeping a close watch and the slowdown showing little signs of abating, Chidambaram and Subbarao will have to come up with a common formula to keep growth from flagging further.<br /><br /> <br /><br />

Struggling for a Six: India's great GDP growth challenge

The need for urgent reform measures on the ground just got more intense as GDP for the second quarter comes in at 5.3%; all hopes on second half, focus on RBI<br /><br /> <br /><br />

Subbarao pleases all, including RBI

The government is happy as it believes a rate cut will help push up growth, markets are happy as the rate cut was higher than expected and the RBI is happy as it does not have to act in haste in the next few policy reviews.

Inflation a big challenge for govt, RBI in 2013

Prices of kitchen essentials such as onions spiked to a record Rs 100 per kg and tomatoes touched Rs 80 in some states during the year, pushing the food inflation to double digit mark, even as the Reserve Bank tried in vain to contain the price rise.

Raghuram Rajan flunks his first major test, makes same mistake as Subbarao

Is Raghuran Rajan on some other planet? Elections are round the corner, and both public and private spending will accelerate through the winter and right upto summer - which will keep inflation up in several commodities.

Raghuram Rajan replaces Subbarao, takes charge as 23rd RBI governor

The Reserve Bank of India said Raghuram Rajan, the former chief economist at the International Monetary Fund, will take charge as governor of the central bank on Wednesday, replacing Duvvuri Subbarao. Rajan, who has most recently been an adviser at India's finance ministry, will step into the eye of the storm roiling the country's economy and become the new chief defender of a nose-diving rupee. (Reporting by Rafael Nam; Editing by Sunil Nair)

Subbarao's parting shot to Chiddu: Don't blame RBI for rupee's worries

In his last public speech yesterday, Subbarao blamed the government for the rupee's worries, defended his interest rate defence and also hoped some day the finance minister will recognise the RBI's action were correct too.

Subbarao admits monetary tightening should have started sooner

RBI Governor Duvuuri Subbarao today conceded that he should have acted faster in reversing the easy monetary policy stance after inflation resurfaced post-2008 crisis, and also joked that he may be remembered as "baby-steps Subbarao" for it.

Rupee torture: Between a red queen, yuvraaj and white veshti

Here's a conversation between the Red Queen, Yuvraaj and the man who always wears a white veshti