Mobile phone makers only assembling in India under PLI scheme: Raghuram Rajan
India Cellular and Electronics Association (ICEA) last month said that mobile phone exports in India surpassed ₹90,000 crore in FY23 from ₹45,000 crore in FY22, mainly driven by the PLI scheme.
Hindu rate of growth argument ‘ill-conceived, biased’: SBI on Raghuram Rajan's remarks
Quarterly growth numbers are noisy and should be best avoided for any serious interpretation, says the SBI Research note
‘Worried about sequential slowdown in India’s GDP growth’: Raghuram Rajan
On the RBI's decision to keep monetary policy tight, Rajan says the apex bank has to do what it takes to not lose control of inflation.
India needs Indian path of development not the Chinese: Rajan
Rajan says to become a “Vishvaguru”, India can’t work on the ideas of the past but it needs to work on the model of development for the future
India’s high unemployment is ‘real danger’: Raghuram Rajan
Ex-RBI governor thinks inflation situation is different in India. There are elements of supply chain issues and commodity price rises but the imbalance is due to higher spending by upper-middle-class.
Policy rates hike not ‘anti-national’: Raghuram Rajan
Former RBI governor says the central bank will have to raise rates at some point, like the rest of the world is doing, hinting toward expectations of a further rise in the U.S. interest rates.
How banking frauds mount
AGB Shipyard’s loan defaults were known since 2013 and continued to be ignored till 2016. Its frauds were found out in 2019 and yet not much happened until it exploded in February 2022.
Why Tiger Global bet on crypto firm CoinSwitch
Tiger Global’s maiden investment in an Indian cryptocurrency startup is with the company CoinSwitch Kuber. Here's why that matters.
Michael Patra named new RBI deputy governor
Michael Patra, who will take over as the fourth deputy governor, is likely to manage key portfolios such as monetary policy.
‘Inequality has grown enormously everywhere’
In a conversation earlier this year, Banerjee spoke to Fortune India about a host of economic issues, including the performance of Modi 1.0.