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In the News

Is A Recession Coming To The World? What Do The Gloomy Predictions Mean For India?

quoting Raghuram Rajanvia Times Now News
Tuesday, August 20, 2019

The fear of a global recession seems to have reemerged after a decade with India’s economic growth rate falling for the third straight quarter.


Raghuram Rajan: Need To Fix NBFCs, Power Sector Immediately To Stimulate Economy

interview with Raghuram Rajanvia CNBC-TV18
Tuesday, August 20, 2019
Hoover Institution fellow and former Reserve Bank of India (RBI) governor, Raghuram Rajan, shares his views and outlook on the ongoing economic slowdown and its impact on India.
In the News

Economic Slowdown 'Very Worrisome', New Set Of Reforms Needed: Raghuram Rajan

quoting Raghuram Rajanvia Live Mint
Monday, August 19, 2019

Former RBI Governor Raghuram Rajan has called slowdown in the economy "very worrisome" and said the government needs to fix the immediate problems in power and non-bank financial sectors and come out with a new set of reforms to energise private sector to invest.

In the News

Kashmir — Need For Diplomatic Engineering

quoting Michael McFaulvia The Express Tribune
Sunday, August 18, 2019

There are no easy answers to the Kashmir dilemma. This is because all independence movements have a strange and complicated relationship with the principle of sovereignty. This strange and complicated relationship stems from the two conflicting feelings that it creates — loss and victory.


Raghuram Rajan: Slate Money: The India Edition

interview with Raghuram Rajanvia Slate
Saturday, August 17, 2019

Hoover Institution fellow Raghuram Rajan talks about about the state of Indian economics and his new book The Third Pillar.

In the News

Best Form Of Education Is To Open Minds: Raghuram Rajan

quoting Raghuram Rajanvia The Hindu Business Line
Tuesday, August 13, 2019

The best form of education will help students open their minds and think in a rigorous way, said Raghuram Rajan, Advisor, Krea University, in a televised message from the US to the inaugural batch. “It will give you a sense of how you will embark on the process of thinking. That is the only way we can prepare you for a world that is dynamic,  where the old truths are forever questioned,” he said.


How Indians Cleaned Up One Of Their Dirtiest Cities—And Have Kept It That Way

by Raghuram Rajanvia Quartz India
Monday, August 12, 2019

We do know that enhanced trade and technological change transmitted through markets have led to the loss of middle-income jobs and weakened the economic basis for the community in many parts of the developed world. It may be this, coupled with the flight of those who can leave, that is more responsible for the social disintegration of the community.

In the News

Put Own House In Order

with Raghuram Rajanvia Business Today
Friday, August 9, 2019
RBI Governor Shaktikanta Das recently came down heavily on advanced economies for unilateral policies and the risk it poses for the world. Das advised emerging market economies to follow policies that promote macroeconomic and financial stability, while focusing on growth.
In the News

India’s Central Bank Is Set To Review Foreign Bond Sale Plan

quoting Raghuram Rajanvia Bloomberg
Monday, July 29, 2019

India’s central bank plans to discuss next month the government’s proposal to raise foreign currency debt, people familiar with the matter said, amid risks flagged by economists about the plan.

In the News

All You Want To Know About Sovereign Bonds

quoting Raghuram Rajanvia Money Control
Friday, July 26, 2019

After Finance Minister Nirmala Sitharaman proposed that the Indian government would borrow some of its funds in overseas markets in foreign currencies, there is a lot of buzz on sovereign bonds. It has been a fiercely-debated issue with a lot of highly economists. Even former Reserve Bank of India governors and deputy governors, mostly arguing against such an issuance. To top it all, now, there are news reports suggesting that Finance Secretary Subhash Chandra Garg was transferred to the power ministry because the government was unhappy with his handling of the sovereign bond issue. Here’s a FAQ on sovereign bonds.