Urjit Patel's reappointment will raise market hopes that Rajan, will also be offered an extension when his tenure ends in September.
Fiscal outlook to be little bit challenging next year: CEA
Trade ministers from 162 WTO countries will gather in Kenya's capital from Dec. 15-18 to work on an agreement to liberalise global trade.
The decision ahead of Japanese Prime Minister Shinzo Abe's visit beginning on Friday gives Tokyo an early lead over China.
The government wants to introduce a nationwide goods and services tax to revive its stalled reform programme.
RBI may hold rates steady as economic parametes are going strong, say experts.
Only 400 grams have been deposited so far.
The Reserve Bank of India Governor Raghuram Rajan said bringing down inflation would help stabilise the rupee.
Corporate tax is likely to be cut to 24%.
After making a larger-than-expected cut of 50 basis points on September 29, Rajan urged the federal government to do its bit to accelerate growth through structural reforms.
The government is aiming for an 8-10 per cent annual economic growth.
Finance Minister Arun Jaitley, who wants pension and insurance funds to invest more in equities and infrastructure.
The fields have reserves of about 89 million tonnes
Indebted developers are cutting staff as they slow work on existing projects and postpone new ones until they clear a backlog of 700,000 unsold homes
Modi's party also wants to regulate property markets and tie investor money to specific projects to stop developers diverting cash elsewhere.
Modi's reform agenda suffered a major setback earlier this month when lawmakers in the Rajya Sabha refused to support the the Goods and Service Tax bill.
Indian Oil Corporation's stake sale received overwhelming reponse from investors.
The trade deficit widened to $12.8 billion last month
It also named bosses for Bank of India, IDBI Bank Ltd and Punjab National Bank from within the state sector
The rupee fell 1.87 percent against the dollar this week, its biggest fall since late April.
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