India's finance minister has emphasised that "it is the real economy that is going to matter.
While enjoying long-awaited economic good times - and hoping they will last as long as possible - some caution and some prudence might be the best protection against bad surprises, says Claude Smadja.
Never one to mince words, Rajan will walk away with a mixed legacy
Rajan also said it's a problem of collective action and not a problem of industrial nations or emerging markets
The nomination would put Yellen on course to be the first woman to lead the institution.
FM needs to convince Indians to invest more in stocks.
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