Markets take Rajan's exit in stride; reverse early losses
Having faith in India's growth story amid good monsoon prospects and GDP growth, Stock markets took Raghuram Rajan's decision for 'no second term' in strides and reversed early losses. Sensex is trading up 74 points at 26,699; while Nifty recovered 19 points and trading at 8189 points.
Jun 20, 2016, 09:58 AM IST
Rexit impact? Sensex opens 160 points down; Nifty weaken by over 40 points
Zee Media Bureau
Mumbai: Sensex opened in the red, and shed 166 points in the opening trade, while Nifty fell by over 50 points.
Jun 20, 2016, 09:22 AM IST
Sebi, exchanges beef up surveillance to tackle Rexit jitters
Regulator Sebi and stock exchanges have beefed up their surveillance and risk management mechanism to ring-fence capital markets from any excessive volatility tomorrow on account of RBI Governor Raghuram Rajan's surprise decision against a second term.
Jun 19, 2016, 17:42 PM IST
This is how twitterati mocked at govt for Rajan's decision to exit RBI!
Jun 19, 2016, 14:55 PM ISTZee Media Bureau
Rexit 'bad omen' for Indian economy, reputation abroad: Experts
Calling RBI Governor Raghuram Rajan's exit a 'bad omen' for the Indian economy, eminent economists and former policymakers today said it will be seen by the world as India's non-approval to a policy against inflation and bad loans.
Jun 19, 2016, 13:44 PM IST
Raghuram Rajan says no to 2nd RBI term; Jaitley assures next appointment soon, Congress says 'govt didn't deserve him'
The decision of Reserve Bank of India (RBI) Governor Raghuram Rajan not to serve a second term, once his present term ends on September 4, has caused a political storm.
Jun 18, 2016, 20:34 PM IST
Can't choose RBI Guv on basis of popular vote: Subramanian Swamy
BJP MP Subramanian Swamy, who ran a tirade against RBI Governor Raghuram Rajan, on Saturday said the Reserve Bank head is a government employee and is not selected on the basis of popular vote.
Jun 18, 2016, 19:23 PM IST
Govt lauds Raghuram Rajan's 'good work', successor soon: Arun Jaitley
Finance Minister Arun Jaitley on Saturday said the government appreciates the "good work" done by RBI Governor Raghuram Rajan and will soon take a decision on his successor.
"Dr Raghuram Rajan has announced his intention to go back to academics at the end of his current assignment.
