Rajan said India needed to work on making its economy more competitive while noting India is now "quite healthy" and in a better position to handle global turbulence than it was in 2013.
The rupee was trading at 64.8250/8350 per dollar at 10.01 am, after weakening to as much as 64.86, its lowest level since September 2013.
"We are expecting a 25 basis point rate cut in June with a cautious tone, but not too hawkish," said Shubhada Rao, chief economist with Yes Bank, looking ahead to the policy review.
It marks the culmination of weeks of selling by foreign investors, which analysts have mainly attributed to the uncertainty created by the minimum alternate tax (MAT) that is being demanded from s...
Without tax breaks or other incentives, small investors are unlikely to flock to government securities even with easier access, not least because they can get better returns from other savings pro...
The committee headed by former Sebi member MS Sahoo, also recommended that every borrower should hedge a part of their borrowing, according to the television channels.
"This is where we cannot relax our guard quickly, we cannot say we are out of the inflation woods," RBI governor Raghuram Rajan said, referring to the central bank's achievement over bringin...
Traders now warn that a sell-off in bonds-under way since prices hit their highs early this year-could accelerate after the Reserve Bank of India held rates on Tuesday and issued a statement that ...
"These issues have been received with interest. The appetite for rupee debt amongst international investors is a welcome development," the RBI said.
RBI Deputy Governor R Gandhi also called for a "reassessment" of the role played by pension funds and insurance companies in corporate bond markets.
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