SENSEX NIFTY

Raghuram Rajan - Rajanomics

RBI stays repo rate, CRR; cuts Jan-Mar inflation goal
RBI stays repo rate, CRR; cuts Jan-Mar inflation goal

Since policy action was front-loaded, it is prudent to keep policy rate unchanged while maintaining accommodative stance

Since policy action was front-loaded, it is prudent to keep policy rate unchanged while maintaining accommodative stance

During 2015-16 so far, inflation conditions have evolved around the path projected in April and June policy statements

During 2015-16 so far, inflation conditions have evolved around the path projected in April and June policy statements

Full effects of service tax increase, which took effect from June, will feed through over the rest of the year

Full effects of service tax increase, which took effect from June, will feed through over the rest of the year

Favourable real income effects could accrue from weaker commodity prices, possible step-up in agricultural activity

Favourable real income effects could accrue from weaker commodity prices, possible step-up in agricultural activity

Global growth projections have been revised downwards. Hence, export contraction could become a prolonged drag on growth

Global growth projections have been revised downwards. Hence, export contraction could become a prolonged drag on growth
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Has Rajan done the right thing by leaving interest rates unchanged? 1 Comments
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Latha Venkatesh

Executive Editor , CNBC-TV18
( 04 Aug- 15:00hrs )

Credit Policy

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Key Economic Statistics

FII Investments (Equity) US $ Mn.
About Rajan

Raghuram Rajan is the 23rd Governor of the Reserve Bank of India. He is on leave is a professor of finance at the University of Chicago.

Between 2003 and 2006, Dr. Rajan was the Chief Economist and Director of Research at the International Monetary Fund.

The Rajan Impact

Name Price change % change
Dollar-Rupee 66.1400 -2.475 -3.74%
SENSEX 26,392.38 8157.72 30.91%
CNX NIFTY 8,001.95 2660.5 33.25%
S&P BSE BANKEX 19,703.42 11039.22 56.03%
S&P BSE Capital Goods 16,326.03 9426.71 57.74%
CNX REALTY 163.65 16.45 10.05%
CNX INFRA 2,991.95 1095.8 36.62%

*Change from September 3, 2013

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