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MYSTERIOUS: Raghuram rajan - You Need To See This

Raghuram Rajan calls for Federal Reserve rate hike, says US economy 'not being held back'

Former RBI governor Raghuram Rajan advocates for higher US Federal Reserve interest rates. He believes current financial conditions remain too loose for controlling inflation. Rajan points to strong investment and fiscal deficits as growth drivers. The US economy shows little sign of being constrained by borrowing costs. Meanwhile, the Indian…

The Economic Times

Raghuram Rajan pitches AI tax idea for govt coffers amid ‘jobocalypse’ fears

Raghuram Rajan proposes taxing artificial intelligence usage by corporations. This tax aims to offset the financial advantage machines currently hold. Companies would also receive incentives for retraining and retaining their employees. AI adoption is expected to increase due to competitive pressures over time. The focus remains on managing the transition…

The Economic Times

Brains without borders: US Fed named three PIOs to panels, choosing merit over MAGA hysteria

The TOI correspondent from Washington : At a moment when anti-immigrant rhetoric has become a staple of America's political soundtrack and Indian immigrants have increasingly found themselves in the crosshairs of MAGA hardliners, the US Federal Reserve has delivered an unmistakably different message: when it comes to solving difficult problems,…

The Times of India

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School Assembly News Headlines, July 17: Top National, International, Sports, Business & Education News

School Assembly News Headlines, July 17: Skyroot Aerospace plans its Vikram-1 rocket launch on July 18. India and the UK signed a trade agreement to reduce tariffs on goods. The ICC approved significant changes to ODI and T20 World Cup formats. EPFO credited annual interest to millions of member accounts…

The Economic Times

US Stock Market: Fed Chair Kevin Warsh unveils expert panels to overhaul US Central Bank policy framework

Federal Reserve Chairman Kevin Warsh announced a comprehensive review of monetary policy. Five taskforces comprising prominent economists will lead this extensive review. These panels include experts from academia, business, and technology sectors. The review will examine monetary policy, communication, data analysis, and operational decision-making. This broad effort signals a reassessment…

The Economic Times

Raghuram Rajan, Microsoft's Asha Sharma among Indian-origin appointees to US Fed review panels

US Federal Reserve appointed Indian-origin experts for policy review. Raghuram Rajan and Raj Chetty will join task forces. Asha Sharma will assess technology's impact on jobs and growth. These panels will examine monetary policy tools and data. The review aims to adapt the Fed to economic changes.

The Economic Times

Raghuram Rajan, Karen Dynan to co-lead Fed task force reviewing central bank's $6.7 trillion balance sheet

Federal Reserve Chair Kevin Warsh announced five task forces to suggest operational changes. These groups will include prominent economists and business leaders from various fields. One task force will examine artificial intelligence's impact on productivity and jobs. Another will focus on evaluating the central bank's data sources. These efforts aim…

The Economic Times

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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

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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The Hindu

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.

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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

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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