Rajan as RBI governor: Markets & rupee cheer!

THE ECONOMIC TIMES Wed, Sep 04, 2013 | 06:48 PM IST Daily Newsletter

Raghuram Rajan takes over as RBI Governor Rajan, 50, an economics professor who also served as chief economist at the International Monetary Fund, took charge ... Sensex poised for 23,000? Analysts speculate on fair value Estimates on Sensex are mixed and analysts expect the benchmark index to move in a 5000-point range, from 18000 upto ... GDP growth may slip below 1-2% if CAD halves: Jefferies A fall in the CAD to $30-$50 billion, or about half of current levels, has the potential to reduce India's GDP growth... Eurozone escapes damaging 18-month recession: Eurostat Growth figures confirmed that the eurozone finally escaped a damaging 18-month recession in Q2 but the bloc still lag...

FEATURED STORIES In Nokia, Microsoft bets on Apple-like revival Microsoft is taking inspiration from Apple’s way of making products, bringing hardware and software under a single ro... read more Verizon, Voda CEOs agreed on price at breakfast »  Why MS-Nokia deal may hit Nadella's chances »

Popular Stories Hyundai Grand i10 launched at a starting price of Rs 4.29 lakh Letter to Sonia from drunken villager: 'Yeh karna hai or what would lazy people like me do' EPS: Will you get your pension? New supplies, resellers to bring down home prices

The gloom and doom view on the Indian economy is probably overdone... Raghuram Rajan ,Governor,RBI

Latest Updates Sensex rallies over 300 points, but 200 stocks hit 52-week lows Sensex rallied as much as 378 points in intraday trade on Wednesday. Markets are trading at attractive valuation for ... Mastek gains 18% in a month; will the rally continue? A sustained revenue growth coupled with margin improvement will be crucial for the stock valuation to improve.... New RBI chief says to ease some rebooking rules for importers Rajan also said the Reserve Bank of India would allow the introduction of cash settled 10-year interest rate future c... Govt allocates Rs 8,060 cr to set up 5 lakh projects The government today said it has allocated Rs 8,060 crore, under PMEGP), to set up 5 lakh projects, creating over 35 ...

Market Watch 4 Sep | 06:48PM SENSEX 18567.55 â†' 332.89 NIFTY 5448.10 â†' 106.65 USD/INR 67.05 â†" -0.65 GOLD (Rs/10g.) 33021.00 â†" -1418.00

MARKET NEWS Sensex outlook by Morgan Stanley: Bears, 15700; bulls, 23800 Given the tail risks, Morgan Stanley underscores its bear case and sees a 14% fall in the Sensex, with a 35% probabil... Small- and mid-cap stocks down 30% in 2013: Too early to bet on them? For an investors who track fundamentals of the company very closely and have a multi-year horizon, this is the ideal ...

Gainers Losers 4 Sep, 2013, 06:48PM IST, PTI|View All Company Name Live Price Change (%) Volume High Low Avance Technologies Ltd. 0.06 20.00 208802 0.06 0.05 Yantra Natural Resources Ltd. 0.06 20.00 699039 0.06 0.04 BITS Ltd. 0.06 20.00 9000 0.06 0.06

FEATURED SLIDESHOW Is Hyundai's Grand i10 better than Maruti's Swift? Rumours on iPhone 5S, 5C & Galaxy Note 3 Galaxy Mega 6.3 phone huge, with limited appeal! 10 Facts about Microsoft-Nokia deal more slideshows

FROM THE NEWSPAPER Nokia smartphones may cost less. Here's why The deal will make Microsoft a hardware-software-services player and better position it to take on its aggressive glo... Buying a home? Now's the great time for bargain hunting If you have been waiting to buy a home, this could be your chance for some bargain hunting as nearly five lakh apartm... Bala near-certain to be next Infy CEO if Shibulal gives up If Shibulal decides at the end of Nov that he wants to step down as the CEO, Balakrishnan’s elevation will be just on... Metal stocks outscore IT with scorching gains Metal stocks turned in a spirited performance, outperforming the broader indices as well as market favourites IT & ph... Raghuram Rajan has the courage to defy prevailing wisdom! Apart from having a multifaceted personality, Rajan has previously expressed his inclination for public service. “He ...

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