Raghuram Rajan, a former governor of the Reserve Bank of India (RBI), has said responses given to the parliamentary committee by RBI about demonetisation were not in accordance with his actual response.
Former Reserve Bank of India (RBI) governor Raghuram Rajan has reiterated his concerns over the bureaucracy impinging on the powers of the central bank. He has also said it should be made clear that the RBI chief is not just another bureaucrat.
Fighting his instincts, reneging on campaign promises, and disregarding his anti-globalist advisers, President Trump told America he changed his mind about Afghanistan. It is the kind of reversal he hates because it dilutes his brash brand.
If the standoff between China and India at Doklam on the China-India-Bhutan tri-junction is any indication, the chance of the 21st century becoming the Asian Century is slim. In 2006, Harvard historian Niall Ferguson wrote that the bloody 20th century witnessed ‘the descent of the West’ and ‘a reorientation of the world’ toward the East. He foresaw a declining United States and a rapid ascendance of China and the onset of an Asian-centred world order.