Rajan conference highlights: CAD for FY'14 estimated at $56 billion, no fundamental reason for the Rupee's volatility

New Delhi: The Reserve Bank of India (RBI) Governor Raghuram Rajan held a news conference on Wednesday to calm worried Mint Street. Governor Rajan addressed multiple concerns of India Inc. in the conference held on the Wednesday evening.

  

 

R Rajan was indeed disappointed from the factory output data figures released on Tuesday. The IIP for the month of September 2013 grew at meek 2%, while the data for the month (October 2013) before had settled at 0.6%, now revised to 0.4%. Read more at-http://daily.bhaskar.com