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Raghuram Rajan

Rajan surprises, RBI hikes Repo Rate

In a very surprising move, which rattled the India Inc., RBI Governor Raghuram Rajan has announced a hike of 25 basis points in the repo rate, making things difficult for the banks. The decision triggered an immediate fall in the market and…

Sensex gains 480 Points, Rupee at 64.28 vs USD

New RBI Governor Raghuram Rajan continues to make a good impact on the market, as the BSE Sensex again surged 484 points today to reach 19,754 at around 1 PM. The Niifty too witnessed a gain of 134 points to trade at 5,786. The Rupee has…

Rajan Effect: Rupee Rises, Sensex on High

A day after Raghuram Rajan took over as the new RBI Governor, the market welcomed with great enthusiasm. The BSE Sensex soared 550 points in the opening trade. The Indian Rupee, which has been at the receiving end, rose to 65.54 against the…

Raghuram Rajan takes over as RBI Governor

Raghuram Govind Rajan, Chief Economic Advisor in the Finance Ministry, will take over as the new RBI Governor today at a time when Indian Economy is struggling to find its rhythm. Rajan took charge from Duvvuri Subbarao. He will be at the…