Former Reserve Bank of India Governor Raghuram Rajan on Saturday said India's future lies in strengthening liberal democracy and its institutions as it is essential for achieving economic growth
The former RBI governor said India needs inclusive growth and the country cannot have inclusive growth by treating any segment of the population as second class citizens
Inflation is up in India. At some point, the RBI will have to raise rates, like the rest of the world is doing, Rajan said
Asked whether he is worried about the India growth story, he said India benefited from the low crude prices from 2014 onwards and now it is payback time
Amid evacuation of medical students from war-torn Ukrainem, the former RBI governor asks why India is not able to retain its 'human capital'
Raghuram Rajan's idea must be debated
Their paper makes the point that creation of huge amounts of money by a central bank need not necessarily galvanise output.
Economist and former RBI governor fears 'scarring to the middle class' after pent up economic demand ends.
Former RBI Governor's remarks come a day after the government listed for introduction in Parliament a bill to ban all private cryptocurrencies, with some exceptions
He also stressed on the need for India joining international trade agreements
Rajan was also critical of the government for not focusing enough on healthcare and education, and cutting down on expenditure
"The Fed thinks it has time" to slow-walk the tightening process, especially given longer-term disinflationary forces like aging, automation and globalization, Raghuram Rajan said in an interview
The former RBI governor said central banks should turn their focus to the financial stability of these green investments and other threats such as crypto currencies and cyber security
'We need this (foreign exchange) reserve buffer to insulate ourselves because we have no friends,' says former RBI governor
This was revealed by Governor Banwarilal Purohit during his address to the 16th Assembly on Monday
The Tamil Nadu government is planning to constitute an 'Economic Advisory Council' to the Chief Ministe
'Pandemic has shown that we are all connected,' says economist and former RBI governor at a virtual event.
Country should have recognised coronavirus potentially comes back in more virulent forms, says former RBI governor.
Former RBI Governor Raghuram Rajan on Sunday cautioned that "drastic changes" in India's monetary policy framework can upset the bond market
Without beefing up the regulatory framework, moral hazard may outweigh advantages, say experts