Announcing her appointment, IMF Managing Director Christine Lagarde hailed the Mysore-born Gopinath as "one of the world's outstanding economists with impeccable academic credentials, a proven track record of intellectual leadership and extensive international experience".
"I invite each one of you to become a partner in India's growth story. And once again assure you of our wholehearted support."
Many believe that marketing budgets could be a hurdle.
A summary of sports events and sports persons, who made news on Thursday
Vijayveer Sidhu, 16, shot a gold in the 25m standard pistol event for junior men after combining with Rajkanwar Singh Sandhu and Adarsh Singh to claim the team gold on the last day of the ISSF World Championships.
20 years ago this day, May 11, 1998, India conducted its second nuclear test at Pokharan in Rajasthan. In a fascinating interview on Rediff.com, K Subrahmanyam revealed how Indian PMs reacted to nuclear ambitions.
Former editor of Femina magazine, Sathya Saran looks back at the Miss India pageant that changed the lives of two young women.
