Rangarajan stresses need to improve coal availability

Last Updated: Friday, November 1, 2013, 17:27

C Rangarajan, Chairman of the Prime Minister's Economic Advisory Council, Friday said India's growth trajectory would be disturbed if availability of coal, a critical input in power generation, was not increased.

Rangarajan differs with RBI on inflation projection

Last Updated: Tuesday, October 29, 2013, 14:37

According to Rangarajan, the whole (monetary) policy has focused on price stability and that is the right approach.

IMF, WB unduly pessimistic; growth to exceed 5%: Rangarajan

Last Updated: Thursday, October 24, 2013, 13:24

Earlier this month, the World Bank slashed India's economic growth forecast for the current financial year to 4.7 percent from an earlier projection of 6.1 percent.

CAD will reduce below $70 billion: Rangarajan

Last Updated: Monday, October 21, 2013, 22:44

If the present trend in exports and imports continue, the overall CAD will reduce even lower than USD 70 billion.

Rangarajan panel on road developers bailout to be set up soon

Last Updated: Thursday, October 17, 2013, 16:20

The government will soon constitute a panel, headed by PMEAC Chairman C Rangarajan, to look into the issues pertaining to bailout of highway developers.

Excessive regulation can impede fin innovation: Rangarajan

Last Updated: Monday, September 16, 2013, 14:36

Pitching for a non-restrictive regulation in the financial sector, Prime Minister's key economic advisor C Rangarajan Monday said too many norms can impede financial innovations.

Petro price hikes to help meet fiscal deficit target: PMEAC

Last Updated: Friday, September 13, 2013, 20:17

Hike in prices of diesel and other petroleum products is necessary to contain the fiscal deficit at 4.8 percent of the GDP, Prime Minister's key Economic Advisor C Rangarajan said on Friday.

'India may have draw $9 bn from forex kitty to finance CAD'

Last Updated: Friday, September 13, 2013, 18:08

India may have to draw about USD USD 9 billion from its foreign exchange reserves to finance current account deficit this year, PMEAC Chairman C Rangarajan said on Friday, while pitching for promoting foreign investment and exports to deal with problem in the long run.

Economists disapprove of PMEAC's Economic Outlook

Last Updated: Friday, September 13, 2013, 17:56

Prime Minister's key economic advisor C Rangarajan today lowered the growth forecast for the current fiscal to 5.3 percent from 6.4 percent projected earlier.

Rupee at current level is well corrected: Rangarajan

Last Updated: Friday, September 13, 2013, 17:03

The rupee has recovered to trade at 63 level after hitting its life-time low of 68.85 towards August-end.

Gold at one-month low; demand slightly up

Last Updated: Friday, September 13, 2013, 16:26

Gold price hit a low of 29,636 rupees earlier in the day, a level last seen on August 16.

PMEAC pegs farm growth at 4.8% in FY'14 on good monsoon

Last Updated: Friday, September 13, 2013, 16:22

Prime Minister's key economic advisor C Rangarajan on Friday pegged agriculture growth at 4.8 percent for the current fiscal on expectation of a record foodgrains, pulses and cotton production buoyed by good rains.