Rajan Rate of Growth: RBI's Steep Cut to Heal Economy?

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  • Published On: September 29, 2015
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Tonight on The Buck Stops Here:

Rajan rate of growth: RBI's steep cut to heal economy?

The RBI governor says "My name is Raghuram Rajan and I do what I do". Today he cleared a steeper than expected 50 basis point cut in the policy rate to 6.75 per cent. For a man seen to have been at odds with Finance Minister Arun Jaitley's policies, Raghuram Rajan has sent a clear message - yes, inflation is down and yes, it's time to recognise the role of the government in fiscal discipline. On The Buck Stops Here, we debate: does the RBI move today give Arun Jaitley the space to kick-start the economy?

INS Kochi will make India proud: Navy Chief on latest destroyer

She's thought to be the most powerful destroyer built in India. Tomorrow, when the destroyer Kochi is commissioned into the Indian Navy, she will bring with it a set of capabilities unmatched in the waters of the Indian Ocean. Navy chief Admiral RK Dhowan speaks to NDTV on how he wants future warships to be made 100 per cent in India.

Exclusive: 'His energy has created huge expectations', Bill Gates on Narendra Modi

They are known in India for their unstinting commitment to issues such as healthcare, child mortality and sanitation. Bill and Melinda Gates are now asking the Modi government to focus on healthcare spending, calling it a "gigantic concern". Speaking to NDTV in New York, they said, "India is going to have to double, more than double but at least start with the doubling of what it spends on health to get to a decent level of the basic services."

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