Raghuram Rajan

NEW DELHI: Indian economy, dubbed the fastest growing major economy in the world, is faced with the single most important pressure point of job creation, says former RBI Governor Raghuram G Ranjan as he makes a strong case for improvement of human capital through skill development. Talking about the book ‘Breaking the mould: Reimagining India’s […]

The post Job Creation Single Most Important Pressure Point: Raghuram Rajan first appeared on Latest India news, analysis and reports on IPA Newspack.

By K R Sudhaman The ruling Bharatiya Janata Party may be upset by the utterances of noted economist and former RBI governor Raghuram Rajan that India may be heading towards Hindu rate of economic growth meaning the economy is drifting towards an era of low growth. But this is something worth pondering over by the […]

The post Is India Heading Towards Hindu Rate Of Low Growth As Raghuram Rajan Says? first appeared on IPA Newspack.

Raghuram Rajan, the former governor of the Reserve Bank of India, endorsed Rahul Gandhi’s Bharat Jodo Yatra on Wednesday, underscoring the need for “internal harmony”. This, he indicated, was also the way the sufferings of the “lower middle class” could be addressed, he indicated. Dr Rajan had joined the footmarch from Rajasthan’s Sawai Madhopur. The […]

The post Internal harmony must for external security: Rajan first appeared on IPA Newspack.

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Indian central bank Governor Raghuram Rajan warned that inflation remained the biggest threat to growth, diverging from the nation’s finance chief, who highlighted diminishing price pressures. A developing economy like India that is seeking higher growth rates can tolerate higher inflation than advanced nations, Finance Minister Palaniappan Chidambaram said in an interview in Sydney, where he was attending the Group of 20 meetings with Rajan. Chidambaram, who […]

India’s newly installed central bank Governor Raghuram Rajan burnished his international credentials at a 2005 U.S. conference warning about the danger of a potential crisis. Now he has one of his own to contend with. Rajan, 50, joined the front lines of a battle to forestall a record slump in the rupee yesterday with a package of measures that may lure $10 billion in foreign-exchange inflows over […]

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By Anjan Roy After fiddling with the Indian economy for years, Raghuram Rajan, former governor of Reserve Bank of India, finds himself in a kind of Hamlet moment. Rajan had observed that India would be lucky to reach a 5% growth rate during the current fiscal year. He was heaped with criticism for his pessimism […]

The post Indian Economy Has Shown Its Own Strengths Through High Growth In 2023-24 first appeared on Latest India news, analysis and reports on IPA Newspack.

By Sushil Kutty The morning of December 14 ex-RBI Governor Raghuram Rajan hitched his wagon to Rahul Gandhi’s Bharat Jodo Yatra. The timing made sense. One, the Bharat Jodo Yatra was traversing through Congress-ruled Rajasthan. Two, the Congress had just a couple of days ago defeated the BJP in Himachal Pradesh. Three, of the three […]

The post Rahul Gandhi Led Bharat Jodo Yatra Will Be 100 Days Old On December 16 first appeared on IPA Newspack.

NEW DELHI: India’s electronics manufacturing sector is set to grow 15 per cent to be worth USD 115 billion in 2024, with players continuing to focus more on higher levels of value addition in terms of components and development of products. The production of mobile phones, the poster boy of the country’s electronics manufacturing, is […]

The post Electronics Manufacturing Sector To Be Worth $115 Billion In 2024 first appeared on Latest India news, analysis and reports on IPA Newspack.

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By K R Sudhaman Contrary to the Dravida Model of sidelining Brahmins in Tamil Nadu as part of the caste politics under the garb of so-called social justice, the DMK government in Tamil Nadu led by Chief Minister M K Stalin has decided to honour father of India’s green revolution late M S Swaminathan by […]

The post Tamil Nadu Govt Under Chief Minister M K Stalin Honours M S Swaminathan first appeared on Latest India news, analysis and reports on IPA Newspack.

By Anjan Roy The strong GDP growth in the first quarter of the current fiscal year is a hopeful augury, though there are some intriguing aspects in the detailed figures as well. The quarterly growth has hit 7.8% which in itself is remarkable for a large economy. At the same time, one swallow does not […]

The post India’s High GDP Figures In First Quarter Sending Some Positive Signals first appeared on Latest India news, analysis and reports on IPA Newspack.

By Prabhat Patnaik For a large part of the dirigiste period, the gross domestic product of the Indian economy grew at a rate of around 4 per cent per annum or less, which, though an improvement compared to the colonial era that had witnessed virtual stagnation, was not very impressive. This low steady growth over […]

The post Conditions Of Working People Will Be Worse Under ‘Hindu Rate Of Growth’ first appeared on IPA Newspack.

By K R Sudhaman Whenever joblessness arises, parochial issues like migrant labour raise their ugly head in different parts of the country. Be it the attack on South Indians in Mumbai in the 1960s by the late Bal Thackeray-led Shiv Sainiks, or on UP bhaias and Biharis in 2000s. Migration has always taken place in […]

The post Anti-North Indian Worker Bias Raises Its Ugly Head Again In Tamil Nadu first appeared on IPA Newspack.

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By Kalyani Shankar Congress would like to rebrand Rahul Gandhi as a young, caring, and ideological leader before the 2024 polls. Has Rahul shown a new image after the Bharat Jodo yatra, completed over 100 days as intended? For the first time after many years, the grand old party is trying to reach out to […]

The post Rahul Gandhi’s Bharat Jodo Yatra Has Presented A More Mature Persona Of Him As A Leader first appeared on IPA Newspack.

By Nantoo Banerjee The government may disagree, India’s economic performance in the last eight years has proved to be rather lacklustre. It has been facing a real challenge from the ever expanding black economy, substantially eating up the revenue income of both the national and state governments. Unaccounted money with the rich is hurting the […]

The post India’s Uncontrolled Black Economy Is Choking Real Economy first appeared on IPA Newspack.

By Arun Srivastava Like other incongruities, the Narendra Modi government once again has resorted to the same tactics and made Reserve Bank of India answerable for implementing the Prime Minister’s personal decision to demonetise the currency. Only three days back Modi government virtually in an act of renunciation of PM’s responsibility told the Supreme Court […]

The post Narendra Modi Govt Trying To Pass On The Buck Of Demonetisation To RBI first appeared on IPA Newspack.

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By K Raveendran It is six years since Prime Minister Narendra Modi in the fateful night of 8 November, 2016 announced demonetisation, putting the nation to untold miseries and breaking the backbone of the country’s economy, but people are still groping in the dark as to why the draconian decision was taken and whether it […]

The post Questions That Refuse To Go Away Even Six Years After Ill-Fated Demonetisation first appeared on IPA Newspack.

  By K R Sudhaman   India takes over presidency of G-20 at a critical juncture when geo politics is at cross roads and global economy difficult and sagging. This is significant as it takes over leadership at a time when there is need to strengthen multilateralism and that India is ideally suited because of […]

The post India Takes Over G-20 Presidency On December 1 AT a Critical Time first appeared on IPA Newspack.

By K R Sudhaman Finance Minister Nirmala Sitharaman is confident that Indian economy is in a comfort zone to weather the storm witnessed in the global economy, with some of the advanced economies heading towards recession. Winding up the debate on price rise in Rajya Sabha she quoted IMF and former Reserve Bank Governor Raghuram […]

The post Is Indian Economy As Strong As Claimed By FM Nirmala Sitharaman first appeared on IPA Newspack.

By Nantoo Banerjee It is a matter of great concern that for the country’s millions of educated youth, degrees and certificates have become as useless as wastepapers as they fail to provide jobs and help brighten their future. Going by the official records, in the academic year of 2018 about 64.7 lakh students passed out […]

The post Rising Jobless Educated Youth Outpace India’s Economic Growth first appeared on IPA Newspack.

By Nantoo Banerjee Indian consumers are reeling under high inflationary pressures. The costs of food, clothes, housing, transportation, medicine and healthcare have all gone up by 50 to 60 percent or even more since the middle of last year. The high fuel prices are impacting the prices of almost all commodities and services. The trend […]

The post Union Government’s Price Indexes Are Not Reliable first appeared on IPA Newspack.

By Arun Kumar Shrivastav On April 6, The American Bazaar published an article that goes by the headline: Alphonsos arrive in America as USDA okays Indian mango Import. The news story talks about the excitement among the Asian communities in the US on the arrival of famous Indian mango varieties — Chausa, Dussheri, Langara, and […]

The post Politics Over Mangoes And Loudspeakers Doesn’t Make India Great Again first appeared on IPA Newspack.

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By Chris at www.CapitalistExploits.at Market dislocations occur when financial markets, operating under stressful conditions, experience large widespread asset mispricing. Welcome to this week’s edition of “World Out Of Whack” where every Wednesday we take time out of our day to laugh, poke fun at and present to you absurdity in global financial markets in all its glorious insanity. While we enjoy a good laugh, the truth is that the first step to […]

Our round-up of the week’s best comment and analysis from the Financial Times focuses on the European Central Bank strategy, green investment and the future of India’s economy. The selection is taken from our Markets Insight and Smart Money columns, written by industry contributors and FT commentators. Olivier Garnier, a group chief economist at Société Générale, looks at the European Central Bank’s exit strategy from ultra-loose monetary […]

By Noah Barkin | DAVOS, Switzerland DAVOS, Switzerland A trade war between the United States and China and a strengthening dollar are among the biggest threats to a brightening global economic outlook, according to leading economists at the World Economic Forum in Davos. As political leaders, businessmen and bankers converge on the resort in the Swiss Alps this week, they can draw hope from a more benign […]

India’s former central bank chief Raghuram Rajan was once described as a “rock star” economist but the Reserve Bank of India’s new deputy governor has actually written an album of songs. Viral Acharya, a New York University professor, was on Wednesday named as a deputy governor of the Reserve Bank of India. Not only does Mr. Acharya have an impressive professional and academic record, he is also […]

This year could go down as the one that turned everything on its head, India’s popular central bank governor Raghuram Rajan was ejected from his post, Prime Minister Narendra Modi voided 86% of the country’s currency overnight and Donald Trump became U.S. president elect. India Real Time’s most-read stories show what readers were looking at as they tried to make sense of it all. Any insight into […]

The market interpretation of the US election result can be expressed in just three letters, repeated several times: “USA! USA! USA!” Amid the noise that followed last week’s election victory for Donald Trump, one signal was clear — whatever the outcome will be the US, it will be far worse for the rest of the world in general, and emerging markets in particular. Outside of financial crises, […]

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