Tharman Shanmugaratnam, an Indian-origin Singapore-born economist, registered a landslide victory in Singapore's presidential election on Friday, winning over 70 per cent of votes in the country's first contested presidential polls since 2011.
Leaders from around the world extended their greetings to India on its 76th Republic Day, emphasizing the importance of bilateral relations and expressing hope for a stronger future. The Indian diaspora across the globe celebrated the occasion with enthusiasm at Indian missions abroad, where the national tri-colour was unfurled, accompanied by cultural performances and patriotic fervour. The celebrations highlighted the strong bonds of friendship and cooperation between India and its global partners.
He is among several leaders of Indian heritage who have ascended to the highest echelon of public service globally.
'It is building the country's infrastructure, and delivering it very efficiently.'
Rajan, 57, who was RBI governor for three years until September 2016, is currently working as a professor at the prestigious University of Chicago.
Prime Minister Narendra Modi on Sunday met Singapore leaders and conveyed his condolences
'From the very start, PM Modi was insistent that visiting foreign leaders should be exposed to an India beyond its capital.' 'Through these experiences, he felt that the full Indian narrative would be much better understood across the world,' explains External Affairs Minister S Jaishankar. A riveting excerpt from Bluekraft Digital Foundation's Modi@20: Dreams Meet Delivery.
Rajan has set March 2017 as the deadline for banks to clean up their balance sheets.
RBI itself is part of the multi-agency group announced by the Indian government to monitor such holdings and take appropriate action.
Prime Minister Narendra Modi on Sunday lauded Singapore's founder and first premier Lee Kuan Yew as a 'global thinker'
Modi held comprehensive talks with Singapore Prime Minister Lee Hsien Loong on ways to enhance cooperation in key sectors including trade and investment.
Lee Hsien Loong's splendid victory in Singapore could be India's gain.
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