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The Latest Breaking News from Raghuram Rajan

Is India's economic growth real? Raghuram Rajan says something is off

Former RBI Governor Raghuram Rajan questions India's strong economic growth figures, citing weak corporate investment and declining foreign capital inflows. He argues these factors are difficult to reconcile with official data, suggesting a disconnect between headline numbers and business behavior. Rajan also highlights the lack of a clear economic roadmap…

The Economic Times

Anthropic considers IPO despite warnings that excess liquidity is blowing a bubble in the markets

Senior central bank chiefs see excess liquidity in a range of asset markets.

Fortune

$XRP Surges On Ripple's $RLUSD Launch Day

Ripple's $RLUSD is launching Tuesday, and as the crypto community waits for the new stablecoin to go live, $XRP is also celebrating the milestone, surging over 7% overnight.

International Business Times

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India not reaping benefits of democratic dividend: Raghuram Rajan

Former RBI governor Raghuram Rajan emphasizes the need to improve human capital and job creation in India.

The Hindu

What are India’s electoral bonds, the secret donations powering Modi’s BJP?

India’s top court has declared them illegal. The decision could shape the world’s biggest election.

Al Jazeera

Why India needs deep industrialisation

If economic development and not growth were our priority, manufacturing that takes along the service sector maybe the solution to India’s problems

The Hindu

Analysis: India’s 2024 interim budget shows a changing economy

Move from agriculture to manufacturing, an increase in demand for Food for Work programme show changes in economy.

Al Jazeera

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Ex-RBI Governor Raghuram Rajan meets former Maharashtra CM Uddhav Thackeray in Mumbai

Former RBI Governor Raghuram Rajan meets Shiv Sena chief Uddhav Thackeray, who had backed Mr. Rajan’s criticism of the Central government.

The Hindu

‘State has to sustain high growth rate of 18% to achieve $1 trillion economy goal by 2030’

Tamil Nadu's goal to become a $1 trillion economy by 2030 is ambitious, but doable, say economists Raghuram Rajan & Arvind Subramanian.

The Hindu

Let us focus on high value-added areas in manufacturing, says Rajan

Raghuram Rajan stresses India should focus on services, skilling, and higher value-added manufacturing.

The Hindu

India is not attracting enough manufacturing through China Plus One strategy, says Raghuram Rajan

Former RBI Governor Raghuram Rajan discusses India's lack of manufacturing & policy clarity to attract investors.

The Hindu

‘Let’s first make India one family,’ says Raghuram Rajan, author of Breaking the Mould

Raghuram Rajan discusses his new book, ‘Breaking the Mould: Reimagining India's Economic Future’, and how to craft a better future for India.

The Hindu

Raghuram Rajan discusses TS economic situation with CM

The Hindu

Growth rate at 6%, India will remain lower middle economy by 2047, says Raghuram Rajan

Raghuram Rajan discusses India's potential growth rate & the burden of an aging population if growth remains at 6% annually.

The Hindu

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The Hindu

Raghuram Rajan calls on CM

Raghuram Rajan, former RBI Governor, met with TN CM M.K. Stalin to discuss the Kalaignar Magalir Urimai Thittam and Naan Mudhalvan scheme. They also discussed ideas to improve TN's educational institutions. Finance Minister Thangam Thennarasu and Chief Secretary Shiv Das Meena were present.

The Independent UK

Fed Chair Powell could signal the likelihood of high rates for longer in closely watched speech

When Federal Reserve Chair Jerome Powell delivers a high-profile speech Friday in Jackson Hole, Wyoming, many analysts think he could make one thing clear: That the Fed plans to keep its benchmark interest rate at a peak level for longer than had been expected

The Independent UK

Surprisingly durable US economy poses key question: Are we facing higher-for-longer interest rates?

A year ago, Chair Jerome Powell warned that to fight high inflation, the Federal Reserve would continue to sharply raise interest rates, bringing “some pain” in the form of job losses and weaker economic growth

The Guardian - UK

Raghuram Rajan: the banker who warned of meltdown in 2005

The former governor of India’s central bank now steers a tricky course between supporting free markets and campaigning against unfettered risk-taking

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WEKU

The Fed's hot pause summer gets an ice bath: Interest rates rise again

After taking a pause last month, the Fed got back to raising interest rates. Many are now saying a "soft-landing" is within our sights

Newslaundry

Raghuram Rajan on why democracy is ‘biggest advantage’ for India’s economy

In a conversation with Newslaundry CEO Abhinandan Sekhri, former RBI governor Raghuram Rajan spoke about the role of artificial intelligence in economic development, competition in the news industry, and India’s response to environmental threats, among other issues.

The Hindu

Former RBI Governor Raghuram Rajan’s paper lacks understanding of economics, says Minister Rajeev Chandrasekhar

RBI Governor Raghuram Rajan was met with a furious response from Minister Union Minister Rajeev Chandrasekhar when the former scrutinised the Union Government’s Production-Linked Incentive (PLI) scheme for mobile phone manufacturing on LinkedIn.

The Hindu

Petroleum Minister Hardeep Singh Puri comments on reducing petroleum prices at BJP headquarters

To questions on whether a reduction in oil prices was under consideration, Union Petroleum Minister Hardeep Singh Puri said he was not in a position to make an announcement on the issue.

The Hindu

IT Minister Ashwini Vaishnaw hits out at Raghuram Rajan’s semiconductor scepticism

Ashwini Vaishnaw hit out against Raghuram Rajan amid Mr. Rajan’s criticism of PLI scheme for semiconductor manufacturing

The Times of India

Raghuram Rajan says banking system is headed for more trouble

Raghuram Rajan — the former International Monetary Fund chief economist who predicted the global financial crisis more than a decade ago — warned that the banking system is headed for more turmoil after the rescues of Silicon Valley Bank and Credit Suisse.

The Times of India

Explainer: What is 'Hindu rate of growth' and why Raghuram Rajan's remarks may be 'premature'

NEW DELHI: India's gross domestic product (GDP) data for the third quarter (October-December 2022) received a word of caution from the former Reserve Bank of India (RBI) governor Raghuram Rajan.

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