It is time for India to raise its voice not just through military prowess, but through professionalism, principled voting and partnerships, asserts Deepak Mishra.
Altman said he was "looking forward" to returning to his previous role at the AI firm.
Gautam Adani was the world's third and Asia's richest man a month back but a damning report by a US firm triggered a massive sell-off in shares of his apples-to-airport group, plunging his own wealth by $80 billion and the tycoon slipping to No.30 on the world billionaire index. Adani's sprawling conglomerate, which spans from sea ports to airports, edible oil and commodities, energy, cement and data centres, is under attack by US short-seller Hindenburg Research, which successfully deflated electric-vehicle maker Nikola Motors in 2020. Hindenburg, which held short positions in unidentified shares of Adani Group firms through its US-traded debt and offshore derivatives, on January 24 accused the conglomerate of "brazen stock manipulation and accounting fraud" and using a number of offshore shell companies to inflate stock prices.
He takes over at Mint Road at a time when the governor's job is even less easy than it is normally.
Not that his odds are particularly strong at 66/1 -but they're the same as Bill Clinton's! For what it's worth former Brazilian President Lula Da Silva has slightly stronger odds at 20/1.
Stability and efficiently meeting equity should be the objectives of the forthcoming Budget.
The world economy has been run for too long by finance enthusiasts. It is time that finance sceptics began to take over.
United States President-elect Barack Obama on Monday officially unveiled the economic team that will assist him in tackling what he termed 'an economic crisis of historic proportions'.Obama has named New York Federal Reserve President Tim Geithner as US Treasury Secretary and former Treasury Secretary Larry Summers as chief of the National Economic Council.
In an effort to keep a close tab on the economic situation of the country, which is in a deep recession, the US President Barack H Obama, has sought a daily briefing on economy.
India is looking at near close to double-digit growth this year and the country will be one of the fastest-growing economies, Finance Minister Nirmala Sitharaman has said. The minister also emphasised that she expects the economic growth next year to be in the range of 7.5-8.5 per cent, which will be sustained for the next decade.
India needs to work on economic parameters to outpace China.
Terming Rajan as "India's prescient banker," Time said he is among a rare breed of "economic seers".
Germany is now sitting on a mountain of savings.
ICICI Bank CEO Chanda Kochhar stirred a hornet's nest this week when she linked the low numbers of women in B-school to a focus on quantitative ability in the testing process.
Protectionism and a rollback of regulation. Defusion of tensions with Russia and a lowering of geo-political risks. Looser fiscal policy and tighter monetary policy. At least Donald Trump can't be faulted for not trying something different where existing policies have disappointed, says T T Ram Mohan.
'I went to slums in India which were quite destitute, where people were clearly really struggling, but typically there is a sort of sense of purpose.' 'People are hustling.' 'What that tells you is that if the country was so organised in a way to give these people opportunity, then they would make something of it.'
Global economy will have to grapple with few tough situations in 2015.
It is a wonder how pervasive and long-lasting the damage can be from a balance-sheet crisis, says Suman Bery.
Summers dogged by controversies over past views
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