Kerala to get new housing policy soon, says Minister for Revenue and Housing K. Rajan

Kerala to get new housing policy soon, says Minister for Revenue and Housing K. Rajan

Minister for Revenue and Housing K. Rajan takes a look around the first 3D printed building in Kerala constructed on the campus of the Kerala State Nirmithi Kendram in Thiruvananthapuram on Tuesday.  The State will get a new housing policy soon, Minister for Revenue and Housing K. Rajan has said. He was speaking after inaugurating … Read more

Thiaga Rajan meets Union Finance Minister, discusses Madurai GST meet and Metro funding

Thiaga Rajan meets Union Finance Minister, discusses Madurai GST meet and Metro funding

‘Union government has released ₹3,500 crore to Tamil Nadu under the interest-free loan scheme on Friday’ ‘Union government has released ₹3,500 crore to Tamil Nadu under the interest-free loan scheme on Friday’ Tamil Nadu Finance Minister Palanivel Thiaga Rajan on Saturday met Union Finance Minister Nirmala Sitharaman in New Delhi to discuss, among other issues, … Read more

Hiking interest rates to tame inflation not ‘anti-national’: Former RBI chief Raghuram Rajan

Hiking interest rates to tame inflation not ‘anti-national’: Former RBI chief Raghuram Rajan

Former RBI governor Raghuram Rajan on Monday said the central bank will have to raise interest rates to tame inflation and the hikes need not be considered by politicians and bureaucrats as some “anti-national” activity. Known for his frank views, Rajan also said it was important to remember that the “war against inflation” is never … Read more

Former RBI Governor Raghuram Rajan’s 8 cues for Budget 2022

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India urgently needs to move away from incremental budgetary policy moves and stop thinking only about areas like manufacturing or agriculture, according to former Reserve Bank of India governor Raghuram Rajan. in an interview to ET Now, Rajan explained why one need neither be overly optimistic nor overly pessimistic about India at the moment. Aside … Read more

Rajan says cryptocurrency revolution is some way off

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Eminent economist and former RBI governor Raghuram Rajan has said cryptocurrencies are a speculative asset right now, and will remain so until there are developments, and regulations emerge. “Right now, cryptocurrencies are speculative assets. Will it stay that way? No. There will be developments. Some central banks are thinking of introducing their own cryptocurrency, backed … Read more

Central banks should not mandate ‘green’ investments: Raghuram Rajan

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The onus of promoting sustainable investments should lie with governments and not central banks, which already have significant other policy commitments, said Raghuram Rajan, former Reserve Bank of India governor. Central banks should steer clear of politically-driven unlegislated areas such as “green” investments, as their mandates of providing financial and monetary stability are already quite … Read more

Bombay High Court to hear Chhota Rajan’s appeals against conviction in three cases

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The Bombay High Court on Wednesday admitted for hearing appeals filed by gangster Chhota Rajan challenging convictions in three cases. In two of these cases Rajan, whose real name is Rajendra Nikalje, was convicted for attempt to murder. Justice Anuja Prabhudesai admitted the pleas filed by his lawyer Tushar Khandare and posted them for hearing … Read more

Covid probably India’s greatest challenge since independence: Raghuram Rajan

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COVID-19 pandemic is probably India’s greatest challenge since independence, former RBI Governor Raghuram Rajan said on Saturday and added that in many places the government was not present to help the people for various reasons. Addressing a virtual event organised by University of Chicago Center in Delhi, Rajan said India needs a quick bankruptcy process … Read more