Raghuram Rajan News

02.12 / 05:09

Manufacturing economy Remark pandemic show performer IMF Executive Director KV Subramanian predicts 7% growth for FY24, says India 'charting own path'

RBI Governor Raghuram Rajan's comments on India's GDP growth, KV Subramanian, Executive Director of the International Monetary Fund (IMF) and Former Chief Economic Advisor to the Government of India, expressed optimism. Speaking to ANI he highlighted the robust growth of the Indian economy, citing a 7.2 percent growth last year and a 7.7 percent growth in the first half of the current year.

21.11 / 19:11

BLOCK Maxim Aware Strategy show reports Is SBI losing interest in Jio Payments Bank?

Bank of India’s (SBI) shareholding in Jio Payments Bank fell to 23% in FY23 from the 30% that it has maintained since inception, indicating its disinterest in the payments bank business model. The fall below 25% also means SBI will no longer be able to block special resolutions at its seven-year-old joint venture (JV). India’s largest bank stayed away from two Jio Payments Bank rights issues, while its JV partner Reliance Industries (RIL) picked up 10 million shares on 29 November, and 70 million on 23 January, according to a directors’ note in the payment bank’s regulatory filing seen by Mint.

10.11 / 07:43

Provident Manufacturing economy pandemic country innovations Raghuram Rajan says India's current growth isn't enough to create ample jobs

Reserve Bank of India Governor Raghuram Rajan said. “We should be going at 8%-8.5% given the needs of the population and the need for jobs,” Rajan said via video link at an event in Beijing on Friday. Economic growth at 6%-6.5% is strong compared with other countries, “but relative to our need for jobs I think it’s still somewhat slow because we have a lot of young people who need to be employed.” While India’s expansion has outpaced that of other major economies, the country isn’t creating enough jobs for the millions of people joining the workforce every year.

28.10 / 12:35

Progressive Action economy Discover President reports Department 2024 BJP says people will give vote of confidence to it in 2024

«defaulter kaal» jibe at the government, saying it is fascinating that the very architects of India's NPA crisis have the audacity to question the resolution of a disaster they engineered. Congress president Mallikarjun Kharge had earlier taken a swipe at Prime Minister Narendra Modi over the reported rise in dues from wilful defaulters, alleging that his government is taking India's economy to «defaulter kaal».

27.10 / 02:19

Provident Booking Citizens economy Remark awards voice Former RBI governor Raghuram Rajan's new book 'Breaking the Mould' to be released on THIS date. Details here

'Breaking the Mould: Reimagining India’s Economic Future,' will be released on 7 December. In a tweet, the publication house wrote, “We're absolutely thrilled to introduce #BreakingTheMould, a thought-provoking journey into India's economic future by the brilliant stalwarts, Dr.

20.08 / 04:31

Manufacturing Fighting Assurant Mobile Remark country electronic ‘When good economists become politicians they lose..’ Ashwini Vaishnaw accuses Raghuram Rajan of 'doing shadow-boxing'

Former RBI Governor and an acclaimed economist Raghuram Rajan always finds himself at the centre of controversy for his comments that don't sink well with the centre government. Replying to one of his recent comments, Union Minister Ashwini Vaishnaw called Rajan a politician and accused him of "doing shadow-boxing on somebody’s behalf". He also advised Raghuram Rajan of either sticking to economics or turn into a politician.

19.08 / 17:09

Manufacturing Fighting Mobile Remark country electronic politician Raghuram Rajan has become a politician, doing 'shadow-boxing on someone's behalf': Ashwini Vaishnaw

Ashwini Vaishnaw on Saturday called former RBI governor Raghuram Rajan a politician who is «doing shadow-boxing on somebody's behalf». Vaishnaw's remark was in reaction to a query on Rajan's reported statement that India is not manufacturing mobile phones under the Production Linked Incentive (PLI) scheme but is only assembling them. «When good economists become politicians, they lose their economic sense.

14.07 / 10:23

Twitter Interface UPI at Eiffel Tower! India, France agree for new payment system, PM Modi announces in Paris – details here

Prime Minister Narendra Modi, who is on a two-day France visit, on Thursday announced that India’s UPI would now work in France. Addressing the Indian diaspora in a glittering event in Paris, PM Modi said that India’s Unified Payments Interface will now be active in France starting with iconic Eiffel Tower. In simple terms this means that Indian visitors would be able to make payments in France in Indian rupee.

24.11 / 08:25

business cryptocurrency Bitcoin Most existing cryptocurrencies won't survive, says Raghuram Rajan

Former Reserve Bank of India (RBI) governor Raghuram Rajan believes that out of the 6,000-odd cryptocurrencies in existence today, most will perish.

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