News Source: India Abroad
| 2 months ago
Speaking to mediapersons on the sidelines of an international conference on 'Global Economic Meltdown: Challenges and Prospects' here on Thursday, Rangarajan said credit offtake was also showing signs of recovery. He said though capital flow had...
News Source: Asian Age
| 2 months ago
Rangarajan, the chairman of Economic Advisory Council to the Prime Minister, said the country could recover from the economic slowdown in the second half of 2009-10 and in 2010-11. "It (globalisation) cuts both ways. We will see definite signs of...
News Source: The Economic Times
| 2 months ago
The economy is showing the signs of recovery and interest rates are set to rise by the end of the current fiscal, said C Rangarajan, chairman of the Prime Minister’s Economic Advisory Council. “The improvement in credit off-take will push up...
News Source: Daily News & Analysis
| 2 months ago
My guess is that the market rates will continue to be hard because of the threat of tightening by the RBI. The RBI will start with hiking the cash reserve ratio in the first quarter of 2010 before possibly hiking policy rates in March," said Aziz...
News Source: The Hindu
| 2 months ago
Expressing confidence that the Indian economy would show signs of recovery from the second half of the current financial year, eminent economist C. Rangarajan, however, said that a return to nine per cent growth of 2007-08 was unlikely in the near-...
News Source: NewKerala
| 2 months ago
While in 2008-09, the first half escaped the impact of global recession, but in the current year the impact was being felt throughout the year, Dr Rangarajan said. Though Indian financial system had not been directly exposed to ''toxic or distressed''...