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Kerala Man Buys Lottery Ticket On Way To Get A Loan, Wins Rs 12 Crore
On his way to the bank to get a loan, Porunnan Rajan bought a lottery ticket. The first prize for the Christmas-New Year bumper lottery ticket? A whopping Rs 12 crore. En route to get a fourth loan to repay three earlier ones, the debt-ridden rubber tapper from Kerala's Kannur had no idea the ticket would change his life. On Monday afternoon, the r...
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"Majoritarianism Taking India Down Dark, Uncertain Path": Raghuram Rajan
Former Reserve Bank of India governor Raghuram Rajan in his latest criticism seen to be directed at the centre has warned of the ill effects of "divisive, populist majoritarianism". The former RBI governor whose policy thinking differs from that of the government led by Prime Minister Narendra Modi - Mr Rajan is a big critic of demonetisation - has...
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Economic Slowdown "Very Worrisome", New Reforms Needed, Says Raghuram Rajan
Former RBI Governor Raghuram Rajan has called slowdown in the economy "very worrisome". The government needs to fix the immediate problems in power and non-bank financial sectors and come out with a new set of reforms to energise private sector to invest, he said.
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"It Was A Bad Idea": Raghuram Rajan To NDTV On Demonetisation
Raghuram Rajan, the former Governor of the Reserve Bank of India, says the lack of jobs in India is a very serious issue. In an exclusive interview with NDTV's Prannoy Roy, Mr Rajan cites the example of how 2.5 crore people in the country applied for 90,000 Railway jobs. Calling demonetisation a bad idea, Mr Rajan said India suffered because of it ...
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"Will Miss Him": PM Modi Tweets His Farewell To RBI Governor Urjit Patel
Prime Minister Narendra Modi described Reserve Bank of India (RBI) Governor Urjit Patel as a "thorough professional with impeccable integrity" in a tweet today, minutes after the top central bank official resigned with immediate effect. His government was embroiled in a bitter clash with the RBI over autonomy issues until recently, a factor that ma...
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Urjit Patel Resigns: 10 Things To Know About The RBI-Government Conflict
Reserve Bank of India (RBI) Governor Urjit Patel stepped down from his position today, months after a conflict between the central bank and the Narendra Modi government stormed into the open. The opposition parties were quick to blame the government for his decision, with the Congress declaring it as the "result of our chowkidar's assault on democr...
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Centralisation Of Power One Of India's Main Problems: Raghuram Rajan
Excessive centralisation of power in the political decision making is one of India's main problems, former Reserve Bank of India Governor Raghuram Rajan has said, at a time when the country's central bank is locked in a tussle with the central government over its independence.
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Notes Ban, GST Held Back India's Economic Growth: Raghuram Rajan
Demonetisation and the Goods and Services Tax (GST) are the two major headwinds that held back India's economic growth last year, former RBI Governor Raghuram Rajan has said, asserting that the current seven per cent growth rate is not enough to meet the country's needs.
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Notes Ban Not The Reason For Economic Slowdown: NITI Aayog Vice Chairman
NITI Aayog Vice Chairman Rajiv Kumar, emphasizing that there was no direct link between demonetization and the economic slowdown, pointed a finger today at policies under Raghuram Rajan.
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Brightest Flee The Sinking Ship: Rahul Gandhi On Arvind Subramanian Exit
Congress president Rahul Gandhi on Wednesday took a veiled dig at the central government over the announcement of Chief Economic Advisor Arvind Subramanian's exit from the government.
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Arun Jaitley 'The Dream Boss': Top 5 Quotes Of Arvind Subramanian
Hours after Union Minister Arun Jaitley confirmed Arvind Subramanian's exit, the outgoing Chief Economic Adviser briefed media about his four year stint in the post. "I had a dream job and my seniors shared the same vision as I did," Mr Subramanian, 59, said. Arvind Subramanian today said he has not yet decided on the exact date of leaving the fina...
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Raghuram Rajan Not Interested In AAP Rajya Sabha Offer, Prefers Academics
Former RBI Governor Raghuram Rajan has no plans to take another break from academics to accept Delhi Chief Minister Arvind Kejriwal's offer to become a member of the Rajya Sabha.
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Raghuram Rajan Among Probables For Nobel Prize For Economics: Reports
Former RBI Governor Raghuram Rajan features in the list of probables for this year's Nobel Prize in Economics, The Wall Street Journal has reported.
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Niti Aayog's Arvind Panagariya Quits, Says Sounded Out PM Modi Two months Ago
Arvind Panagariya resigned as vice chairman of the Niti Aayog today, saying he would like to return to academics in the US. He is the second high-profile economist after Raghuram Rajan, the former Governor of Reserve Bank, to quit a top job in India to return to academics.
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RBI Governor Urjit Patel, Once TV Show Commentator
Urjit R Patel will be stepping into Raghuram Rajan's big-sized shoes from September 4. But he has been walking through the minefield of Indian economy long enough behind Mr Rajan and won't need a map.
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Kerala Man Buys Lottery Ticket On Way To Get A Loan, Wins Rs 12 Crore
On his way to the bank to get a loan, Porunnan Rajan bought a lottery ticket. The first prize for the Christmas-New Year bumper lottery ticket? A whopping Rs 12 crore. En route to get a fourth loan to repay three earlier ones, the debt-ridden rubber tapper from Kerala's Kannur had no idea the ticket would change his life. On Monday afternoon, the r...
-
"Majoritarianism Taking India Down Dark, Uncertain Path": Raghuram Rajan
Former Reserve Bank of India governor Raghuram Rajan in his latest criticism seen to be directed at the centre has warned of the ill effects of "divisive, populist majoritarianism". The former RBI governor whose policy thinking differs from that of the government led by Prime Minister Narendra Modi - Mr Rajan is a big critic of demonetisation - has...
-
Economic Slowdown "Very Worrisome", New Reforms Needed, Says Raghuram Rajan
Former RBI Governor Raghuram Rajan has called slowdown in the economy "very worrisome". The government needs to fix the immediate problems in power and non-bank financial sectors and come out with a new set of reforms to energise private sector to invest, he said.
-
"It Was A Bad Idea": Raghuram Rajan To NDTV On Demonetisation
Raghuram Rajan, the former Governor of the Reserve Bank of India, says the lack of jobs in India is a very serious issue. In an exclusive interview with NDTV's Prannoy Roy, Mr Rajan cites the example of how 2.5 crore people in the country applied for 90,000 Railway jobs. Calling demonetisation a bad idea, Mr Rajan said India suffered because of it ...
-
"Will Miss Him": PM Modi Tweets His Farewell To RBI Governor Urjit Patel
Prime Minister Narendra Modi described Reserve Bank of India (RBI) Governor Urjit Patel as a "thorough professional with impeccable integrity" in a tweet today, minutes after the top central bank official resigned with immediate effect. His government was embroiled in a bitter clash with the RBI over autonomy issues until recently, a factor that ma...
-
Urjit Patel Resigns: 10 Things To Know About The RBI-Government Conflict
Reserve Bank of India (RBI) Governor Urjit Patel stepped down from his position today, months after a conflict between the central bank and the Narendra Modi government stormed into the open. The opposition parties were quick to blame the government for his decision, with the Congress declaring it as the "result of our chowkidar's assault on democr...
-
Centralisation Of Power One Of India's Main Problems: Raghuram Rajan
Excessive centralisation of power in the political decision making is one of India's main problems, former Reserve Bank of India Governor Raghuram Rajan has said, at a time when the country's central bank is locked in a tussle with the central government over its independence.
-
Notes Ban, GST Held Back India's Economic Growth: Raghuram Rajan
Demonetisation and the Goods and Services Tax (GST) are the two major headwinds that held back India's economic growth last year, former RBI Governor Raghuram Rajan has said, asserting that the current seven per cent growth rate is not enough to meet the country's needs.
-
Notes Ban Not The Reason For Economic Slowdown: NITI Aayog Vice Chairman
NITI Aayog Vice Chairman Rajiv Kumar, emphasizing that there was no direct link between demonetization and the economic slowdown, pointed a finger today at policies under Raghuram Rajan.
-
Brightest Flee The Sinking Ship: Rahul Gandhi On Arvind Subramanian Exit
Congress president Rahul Gandhi on Wednesday took a veiled dig at the central government over the announcement of Chief Economic Advisor Arvind Subramanian's exit from the government.
-
Arun Jaitley 'The Dream Boss': Top 5 Quotes Of Arvind Subramanian
Hours after Union Minister Arun Jaitley confirmed Arvind Subramanian's exit, the outgoing Chief Economic Adviser briefed media about his four year stint in the post. "I had a dream job and my seniors shared the same vision as I did," Mr Subramanian, 59, said. Arvind Subramanian today said he has not yet decided on the exact date of leaving the fina...
-
Raghuram Rajan Not Interested In AAP Rajya Sabha Offer, Prefers Academics
Former RBI Governor Raghuram Rajan has no plans to take another break from academics to accept Delhi Chief Minister Arvind Kejriwal's offer to become a member of the Rajya Sabha.
-
Raghuram Rajan Among Probables For Nobel Prize For Economics: Reports
Former RBI Governor Raghuram Rajan features in the list of probables for this year's Nobel Prize in Economics, The Wall Street Journal has reported.
-
Niti Aayog's Arvind Panagariya Quits, Says Sounded Out PM Modi Two months Ago
Arvind Panagariya resigned as vice chairman of the Niti Aayog today, saying he would like to return to academics in the US. He is the second high-profile economist after Raghuram Rajan, the former Governor of Reserve Bank, to quit a top job in India to return to academics.
-
RBI Governor Urjit Patel, Once TV Show Commentator
Urjit R Patel will be stepping into Raghuram Rajan's big-sized shoes from September 4. But he has been walking through the minefield of Indian economy long enough behind Mr Rajan and won't need a map.
