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Subbarao News

07 Aug 2016

Serious differences between Centre, states on finalising GST tax rate structure: P Chidambaram

In the latest, former Union Minister P Chidambaram on Sunday said there are "serious differences" between the Union Government and state Finance Ministers on finalisation of the GST tax structure and that he did not think they were anywhere near an agreement on what the standard rate should be.

26 Jul 2016

Differences with govt inherent, RBI must exert autonomy: Ex-Guv Subbarao

Asking the government and RBI to keep their differences "behind the closed doors", former Governor D Subbarao has said the central bank must prevail when it comes to the monetary policy and any disagreement should not matter as long as it exerts its autonomy.

20 Jul 2016

It was baptism by fire: Subbarao on early day as RBI governor

"It was baptism by fire," Duvvuri Subbarao said as he recounted his early months as governor of the Reserve Bank of India in 2008, a time when Lehman Brothers collapsed and pushed the global financial sector into a "near death" experience.

31 Mar 2016

Inflation hits poor the most, RBI must listen to them: Subbarao

Reserve Bank of India has to listen to voices of the poor who are hurt the most by inflation, its former Governor Duvvuri Subbarao said adding that cutting interest rates is not necessarily the solution to stimulate investment.

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