India's Rajan to Fed: Don't raise rates in turmoil

India's central bank doesn't have the same problems the Fed has. It's not worried about deflation, India is growing twice as fast as the U.S., and interest rates sit around 7 percent. But that doesn't mean its central bank Gov. Raghuram Rajan is indifferent to when the Fed chooses to raise rates. "My position over time has been don't do it when the world is in turmoil," he told CNBC's "Closing ...