Former RBI governor Raghuram Rajan on Monday said the central bank will have to raise interest rates to tame inflation and the hikes need not be considered by politicians and bureaucrats as some "anti-national" activity. Known for his frank views, Rajan also said it was important to remember that the "war against inflation" is never over. "Inflation is up in India. At some point, the RBI will have to raise rates, like the rest of the world is doing," he said in a LinkedIn post.
Local residents have stressed that land acquisition for rehabilitation must be completed promptly, as it has been delayed after estate owners challenged it in the Kerala high court.
On Monday, April 29, 2024, Aditya Thackeray, the Shiv Sena (Uddhav Balasaheb Thackeray) MLA, embarked on a roadshow for Rajan Vichare, the sitting MP and party candidate for the Thane Lok Sabha seat.
Between tons of sexual innuendo and Kapil Sharma brand of slapstick gags characterised in loud caricatures, moronic behaviour, flimsy wigs and cartoonish rhythm, Vicky Vidya Ka Woh Wala Video's jarring notions of exuberance have nothing novel to offer, groans Sukanya Verma.
As heavy rains continue to lash Kerala, the India meteorological department on Friday issued an orange alert in eight districts in Kerala for Friday.
Amid concerns over minorities being targeted in India, former Reserve Bank governor Raghuram Rajan on Thursday cautioned that an 'anti-minority' image for the country can lead to loss of market for Indian products and may also result in foreign governments perceiving the nation as an unreliable partner. India enters the perception battle from a position of strength, the professor at Chicago's Booth School of Business said, alluding to credentials like democracy and secularism, but warned that this battle is "ours to lose". The comments came a day after bulldozers tore down several concrete and temporary structures close to a mosque in Jahangirpuri as part of an anti-encroachment drive, days after the northwest Delhi neighbourhood was rocked by communal violence.
Indians' belief in the country's economic future has diminished in the recent years, with the COVID-19 pandemic taking a further toll on sentiment while pushing many middle-class citizens into poverty, former RBI governor Raghuram Rajan has said. Virtually addressing an event organised by the NALSAR University of Law, Rajan further said the domestic stock market is booming but that does not reflect the reality that many Indians are in deep distress.
The new visa-free regime allows travellers to stay for up to 60 days instead of only 15 earlier.
In the first Chennai Test against Bangladesh, Pant scored a magnificent century and returned to Test side with a bang.
The Indian economy has "some bright spots and a number of very dark stains" and the government should target its spending "carefully" so that there are no huge deficits, noted economist and former RBI Governor Raghuram Rajan said on Sunday. Known for his frank views, Rajan also said the government needs to do more to prevent a K-shaped recovery of the economy hit by the coronavirus pandemic. Generally, a K-shaped recovery will reflect a situation where technology and large capital firms recover at a far faster rate than small businesses and industries that have been significantly impacted by the pandemic.
Several people are still feared trapped in the debris after a series of landslides that occurred in Chooralmala and Mundakkai of Wayanad.
The argument that India is going towards a 'Hindu rate of growth' is "ill-conceived, biased and pre-mature" when weighed against the respective data on savings and investments, said SBI Research in its Ecowrap report. The term Hindu rate of growth was coined by economist Raj Krishna in 1978, which denoted the economic growth of about 3.5-4.0 per cent in terms of GDP during 1947-1980. "India's quarterly sequential Y-o-Y GDP growth has been in a declining trend in FY23.
Politicians from the Left and the Congress party in Kerala have rallied behind Malayalam superstar Mammootty, who is facing online harassment from certain right wing sympathisers in connection with his 2022 film, Puzhu.
'With passage of time, Kamal did move away from the humdrum of commercial cinema, using it only as a peg to launch a new concept or new technology, as no other actor/film-maker has done in Indian cinema.' N Sathiya Moorthy assesses the career and politics of movie legend Kamal Haasan on his 70th brthday.
Shraddha Kapoor recently confirmed her relationship status when she posted her thoughts about Rahul Mody.
'20 per cent of the global AI researchers are of Indian origin, and we should bring them back.'
Gangster Chhota Rajan, arrested in Bali on Monday and who is likely to be extradited to India, was not one to forgive or forget easily. Mumbai's foremost crime writer S Hussain Zaidi recalls the time when Rajan was almost killed in an attack by his rival Chhota Shakeel, and how Rajan extracted revenge across continents.
Free speech is the soul of a great university. By compromising on it, the founders have bartered away its soul, said Rajan.
Rajan said the government focussed more on fulfilling its political and social agenda rather than paying attention to the economic growth.
India needs foreign exchange buffer reserves to insulate itself from exchange rate volatility as we have "no friends" for swap lines and Japan was the only country that helped during the taper tantrum in 2013, former RBI Governor Raghuram Rajan said on Tuesday. Participating in a virtual event organised by economic think tank NCAER, Rajan said during the taper tantrum in 2013, India asked for swap lines, and only country who helped was Japan. "We need this (foreign exchange) reserve buffer to insulate ourselves because we have no friends.
A special Central Bureau of Investigation court in Mumbai has accepted the closure report filed by the probe agency against jailed gangster Chhota Rajan in a case of attempt to murder of a noted journalist in 1997.
The Badlapur school, where two young girls were allegedly sexually abused, preferred to cover up the crime instead of helping their parents file a police complaint, said Susieben Shah, chairperson of Maharashtra State Commission for Protection of Child Rights, on Wednesday.
Even though the NIA claims that more than 90 per cent of cases charge-sheeted have ended in conviction, the figure is likely misleading. To date, very few cases investigated by the NIA have resulted in a completed trial, points out former CBI joint director Navneet Rajan Wasan.
Observing that it is not yet clear to him what the government means by 'Atmanirbhar Bharat', Rajan said if it is about creating an environment for production, then it is a re-branding of the Make in India initiative.
Justice Rohit Rajan Agarwal made the observation while rejecting the bail application of one Kailash, who is accused of being involved in the religious conversion of several people from a village here.
We take a look at 10 recent awe-inspiring prosthetic aesthetics that actors have rocked for their respective roles in films.
In mixed doubles, the husband-wife Indian pair of B Sumeeth Reddy and N Sikki Reddy defeated Malaysia's Wong Tien Ci and Lim Chiew Sien 21-17, 21-19.
Former Reserve Bank of India governor Raghuram Rajan said that Rs 65,000 crore is required to help the poor affected by the coronavirus-induced lockdown. He also laid stress on the need to restart the economy while taking precautions.
'I think some of us, like Mukesh Ambani, myself and those of us who head industrial units, ought to really focus on what we can really do to make the world a safer place, maybe 50 or 100 years from now.' 'For instance, how can we deal with climate change and global warming, right now?' 'The effects of it may not be felt now; in fact, we may pay a price for it today, but it will help the generations to follow.'
Kerala Chief Minister Pinarayi Vijayan on Thursday said the rescue mission in the landslide-hit Mundakkai region of Wayanad could take a few more days, and appointed a cabinet sub-committee of four ministers to coordinate the rescue efforts.
Tourist centres have been closed in many districts, including Kottayam and Thiruvananthapuram, and a night travel ban has been imposed in the hilly areas of Idukki district.
Rescue teams on Friday used GPS coordinates from aerial drone pictures and cell phones, including the last location of people who lived in the landslides-hit areas of Wayanad to help locate survivors, amidst accelerated search operations after the completion of the 190-foot-long Bailey bridge by the Army.
Nivin Pauly is very proud of his latest release, Malayalee From India.
Rajan's departure from the RBI is an end to 'outside interference' in policy making, government insiders feel.
Twelve stamps each of Rajan and Bajrangi were printed under the 'My Stamp' scheme, which was launched by the department a few years back, an official added.
'Cricket is like a circle, the smaller you keep it, the better it will be. You expand this circle more and you will find gaps.'
Malayalee From India is trapped within its self-serving corniness and refuses to break free in the process, observes Arjun Menon.
Jaitley slams Rajan for MSME banking crisis statement, says postmortem is easier than action
rediffGURU Krishna Kumar offers expert advice on how you can polish your skills and perform better at work.
July has some interesting content on OTT, with quite a few original shows and movies premiering in the digital space.
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