Rajan would slow down some of the expansion of money and it ought to have little effect on the real economy.
Terming the 23.9 per cent fall in economic growth in the June quarter alarming, former Reserve Bank Governor Raghuram Rajan has said bureaucracy should come out of complacency and take meaningful action. The current crisis requires a more thoughtful and active government, he said, adding, "Unfortunately, after an initial burst of activity, it seems to have retreated into a shell."
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US President Barack Obama plans to honour Microsoft's Indian-origin CEO Satya Nadella with the 'Champions of Change' award.
SARS was an animal disease that jumped the 'species barrier' to infect human beings, according to Science magazine.
'There are lots of low hanging fruits and often no real impediment to plucking them.'
The RBI working group's proposal to allow corporate houses to set up banks is a "bombshell" and at this juncture, it is more important to stick to the tried and tested limits on involvement of business houses in the banking sector, according to an article jointly written by former RBI Governor Raghuram Rajan and ex-Deputy Governor Viral Acharya. They also said that the proposal is "best left on the shelf".
Dubbed as the "Super Bowl of American Democracy", Trump, 74, and Biden, 77, would respond to questions on their track record, the Supreme Court, economy, race and violence in cities and integrity of the elections at the Case Western Reserve University and Cleveland Clinic in Cleveland, Ohio -- a key battleground state.
'There will be very strong interest in cooperating with India under any future American administration, but on the margins India will need to be careful not to tip its hand regarding the election.'
Hip hop artist-producer Kanye West took to Twitter on Saturday to announce he would be running for president of the United States, in the elections slated to take place in November.
Although the first woman to hold the position of chief economist at IMF, it would be wrong to see her appointment through the lens of gender
India-born Raghuram Rajan, Professor of Finance at the University of Chicago, has been awarded the newly instituted Fischer Black Prize by a premier academic organisation on financial economics.
Only time will tell whether an individual like Rajan would be able to influence the manner in which the Fund looks at the rest of the world, especially developing countries.\n\n
An exclusive interview with Dr Raghuram Rajan, who has just been appointed Chief Economist at the IMF.
India has been assigned the lowest investment grade rating with a high risk profile by various global agencies.
According to a study, time-restricted eating can help you lose weight.
As many as 163 Vedic pandits, who were brought to the United States from north Indian villages, have disappeared from the Maharishi Vedic City in Iowa during the past year, according to a media report.
The sport's governing body (WA) said that with immediate effect and for elite competition only, road shoes must have soles no thicker than 40mm and not contain more than one rigid, embedded plate.
India's Saurav Ghosal caused a major upset when he beat higher-ranked Tarek Momen of Egypt to enter the quarter-finals of the PSA Windy City Open squash tournament.
The family of a 19-year-old Indian-origin student, who was found dead in February under mysterious circumstances in the US, have alleged foul play and disputed the cause of his death given by the police.
'The people of India have not only challenged the ruling dispensation with the constitution, they have also opened the eyes of the leadership that sits in the Opposition.'
Bhagwat said a sense of idealism is good and described himself not as 'anti-modern', but as 'pro-future'.
The US move came after the Justice Department said that hackers working with the Chinese government targeted firms developing vaccines for the coronavirus and stole hundreds of millions of dollars worth of intellectual property and trade secrets from companies across the world.
'Donald Trump' took Times Square by storm on Tuesday along with a group of scantily-dressed women as part of a project by spoof photographer Alison Jackson.
This is an alternate list of 10 screen roles that saw Soumitra Chatterjee, a paragon of gentility, venture beyond his comfort zone and deliver masterclasses of subtlety and depth, lists Saibal Chatterjee.
The consortium will launch programmes in ease of doing business in their respective regions B-schools.
The three years at the Reserve Bank have mostly been a string of success stories for Rajan, gaining him common man's adulation even as the free-thinker in him made a few foes who matter more in the corridors of power
SEWA International, a leading Indian-American non-profit organisation, has so far raised more than $250,000 for its COVID-19 relief efforts. It is using the money to buy personal protective equipment's, in particular facial masks and surgical masks, to donate free to the local law enforcement officials and hospitals in some of the hot spot areas like New York, who have run out of these essential items.
Does your favourite institute feature in the list?
If you do so, you're less likely to have a higher BMI.
As Americans welcomed Donald Trump as their 45th President, police arrested nearly 100 protesters involved in "vandalism," blocks away from the venue for his inauguration celebrations, marred by sporadic violence and clashes between masked protesters and police.
Google has acquired Flutter, a San Francisco-based company founded by two persons of Indian origin - Navneet Dalal and Mehul Nariyawala.
United States President Barack Obama on Thursday nominated Indian American Manish S Shah to serve on the United States District Courts judgeship for the Northern District of Illinois.
The rally from Raj Ghat to Jantar Mantar saw marchers fervently waving the tricolour and raising slogans like 'Vande Mataram' and 'Bharat Mata Ki Jai' with some of them saying that nothing is above 'nationalism'.
Lovely Varughese, the mother of Pravin Varughese, 19, a student at the Southern Illinois University in Carbondale, Illinois, filed a civil suit against Gaege Bethune, 22, the last person to see Pravin alive, the City of Carbondale and Police Chief Jodi O'Guinn demanding compensation in excess of $1 million (Rs 10,00,000)from each.
Students enrolled to Silicon Valley University, California, are in a state of panic after some of them were barred by Air India to board its flight.
'They (students) were born in a borderless world, a world of the internet and a deep-seated belief that they could live and work anywhere they wished.'
It ate whole sharks, and came equipped with feet like paddles and sealable nostrils that allowed it to swim under water.
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