‘Mahayogi Highway 1 to Oneness’ English Theatrical Release Postponed
However, the movie is releasing on www.onedollar.media on the same day on Triloc Films and Rajan Luthra's own OTT/Distribution platform Key Points
Hindustan Times'Not my proudest moment': When Raghuram Rajan contested election, shut IIT-Delhi for a day
Rajan studied electrical engineering at IIT-Delhi from 1981 to 1985. He then went on to do an MBA from IIM-Ahmedabad and PhD from the Massachusetts Institute of Technology (MIT). Key Points
Business TodayNoida and Gurgaon are like first world, rest of India worse than sub-Saharan Africa: Raghuram Rajan
Parts of the Indian economy are first world, Rajan asserted, emphasizing that a significant challenge lies in bridging the gap and ensuring a uniform economic landscape across the nation by 2047. This observation comes amid Minister of State for Finance Pankaj Chaudhary's recent statement, envisioning India as a $5 trillion economy on its way to becoming an advanced economy by 2047, during the 'Amrit Kaal.' Key Points
Economic TimesRaghuram Rajan has become a politician, doing 'shadow-boxing on someone's behalf': Ashwini Vaishnaw
Former RBI governor Rajan had accompanied Congress leader Rahul Gandhi briefly in Rajasthan during the nationwide Bharat Jodo Yatra that stretched from Kanyakumari to Kashmir. In between the country-wide march, Gandhi had also interviewed the senior economist. Key Points
Economic TimesT.N. Cabinet reshuffle | Thangam Thennarasu replaces Palanivel Thiaga Rajan as Tamil Nadu Finance Minister
In a major reshuffle of portfolios of his council of Ministers, Tamil Nadu Chief Minister M.K. Stalin on Thursday, May 11, 2023, divested Palanivel Thiaga Rajan of his Finance and Human Resources Management portfolios and allocated them to senior Cabinet member Thangam Thennarasu. Mr. Rajan is the new Minister for Information Technology and Digital Services. Key Points
The Hindu
Raghuram Rajan is worried about a time bomb, domino impact and riskless capitalism in the world's largest
Former RBI governor Raghuram Rajan has expressed concern over the threat to the banking sector over the long-term . He notes that there might be a potential profitability problem with the banking system where rates on safe assets have gone up but banks are struggling to pass off half percent or 1% increase. Also, the broader problem is that entities make money in normal times taking risks but throw the risk back to the government in bad times. He said its a riskless capitalism causing governments to rescue banks. Key Points
Economic Times'I'm a conservative investor': Ex-RBI Governor Raghuram Rajan reveals what he holds in his portfolio
Raghuram Rajan is currently in India to promote his latest book 'Breaking The Mould'. He has co-authored the book with Rohit Lamba, an economist at Pennsylvania State University. Key Points
Business TodayKey shooter in Lawrence Bishnoi's gang shot dead, Bambiha group's role suspected
One of the key shooters of notorious gangster Lawrence Bishnoi's group, Rajan, has been shot dead in Haryana's Yamunanagar. His body was burnt after he was killed. Key Points
India TodayIndian-origin BBC anchor apologises for referring to marine algae as ‘seaweed’
“I’m so sorry. I’m so sorry. And that’s important because I actually looked it up and I still got it wrong,” Ranjan said. | World News Key Points
Hindustan TimesRaghuram Rajan thinks India making a big mistake believing ‘hype’ about its growth
India's former central bank Governor Raghuram Rajan warned that India's strong economic growth is overshadowed by structural challenges like poor education and skills. Rajan said there is urgent need for workforce improvement to harness the potential of the young population. Key Points
Economic Times
‘The biggest perk is the house’: Raghuram Rajan says his salary was Rs 4 lakh per year as RBI Governor
"You don’t get other perks that government officials get, you don’t get a pension. But you get I think medical facilities," said ex-RBI Governor Raghuram Rajan in a podcast. Key Points
Business TodayAmid cash haul recovery from Dhiraj Sahu, ex-RBI Governor Raghuram Rajan seeks more transparency on electoral bonds
Rajan is in India to release his new book, Breaking the Mould. The new book, which Rajan co-authored with economist Rohit Lamba, is about their vision of the Indian economy. Key Points
Business TodayTamil Nadu Budget 2023 Live Updates | Metro Rail to come up at Madurai, Coimbatore: Finance Minister Palanivel Thiaga Rajan
Amid expectations of an announcement of DMK’s poll promise of disbursal of monthly assistance of ₹1,000 for women family heads, the State Budget of Tamil Nadu is to be tabled. This is the DMK government’s third Budget since it came to power in May 2021. Key Points
The HinduJob creation single most important pressure point: former RBI Guv Raghuram Rajan
The former RBI Governor Raghuram G Ranjan emphasizes the urgency to create jobs in India, pointing to the critical need to improve human capital through skill development. Ranjan, co-author of 'Breaking the Mould: Reimagining India's Economic Future' with Rohit Lamba, stresses the importance of job creation at various levels and the enhancement of the nation's workforce quality to attract businesses. He advocates for governance reforms, emphasizing decentralization and stronger democratic institutions to address key social needs and economic inclusivity. Key Points
Economic TimesRaghuram Rajan highlights factors that can make India a developed nation by 2047
Economist Raghuram Rajan has said that India needs to focus on education and healthcare to become a developed economy by 2047. He emphasised the need for governance reforms and a strong foundation in education and healthcare. Rajan emphasised the need for balanced growth across all sections of society, as consumption growth is currently strong among the upper income levels. Key Points
Economic Times
Infra spending, good performance by large economies push sharp uptick in GDP in H1FY24: Raghuram Rajan
India retained the tag of the world's fastest-growing major economy, with its GDP expanding by a faster-than-expected rate of 7.6 per cent in the July-September quarter on booster shots from government spending and manufacturing. At constant (2011-12) prices in April-September 2023-24 (H1 2023-24), GDP is estimated at Rs 82.11 lakh crore as against Rs 76.22 lakh crore during the corresponding period of the previous year, showing a growth of 7.7 per cent in H1 2023-24 as against 9.5 per cent in H1 2022-23. Key Points
Economic TimesWhy Twitter is making fun of ex-RBI guv Raghuram Rajan and Rahul Gandhi?
India's economy grew by 6.1 per cent in the January-March quarter of 2022-23, pushing the annual growth rate to 7.2 per cent on account of better performance by agriculture, manufacturing, mining and construction sectors, as per the official data Key Points
FirstpostRaghuram Rajan says India's current growth isn't enough to create ample jobs
Former Reserve Bank of India Governor Raghuram Rajan said India's economy needs to grow at over 8% to meet job demands for its vast population. While the current growth rate of 6%-6.5% is commendable, Rajan flagged the urgency of faster expansion to address the employment needs of the country's youth. Key Points
Economic TimesRajeev Chandrasekhar takes on Raghuram Rajan, says his PLI comments based on false figures, questionable a
Raghuram Rajan argued that value addition is low in the smartphone PLI scheme as it is basically only about assembling, and not deep manufacturing. Besides, imports exceed exports, he said. Not even the smallest parts of mobile phones are being made in India, he pointed out. Key Points
Economic TimesGST implementation was uneven, but we can see the benefits: Raghuram Rajan
"Now we are seeing some of the benefits. The implementation initially was uneven, now we have started seeing the benefits," said Raghuram Rajan. Key Points
Business Today
Former RBI governor Raghuram Rajan asks if Modi govt's PLI scheme is a failure
Former RBI governor Raghuram Rajan and fellow authors in a social media note argued the efficacy of the government's PLI scheme to incentivize manufacturing in India. A detailed look at the numbers for the mobile phone sector explains why we should be concerned, they say, while questioning if India has indeed become a manufacturing giant. Key Points
Economic TimesHosting party for workers/ voters: This is what it will cost candidates during poll campaign
BJP and Congress respond to ECI's Lok Sabha schedule. Model code in effect in Madhya Pradesh. Voting from home for elderly over 85. Campaign costs and Key Points
Times Of IndiaPMLA case: Delhi court extends ED custody of 3 Vivo-India executives by 1 day
The federal agency had earlier arrested four people -- mobile company Lava International's MD Hari Om Rai, Chinese national Guangwen alias Andrew Kuang, and chartered accountants Nitin Garg and Rajan Malik -- in the case. They are in judicial custody at present. The ED had filed a charge-sheet against the four in a special PMLA court in Delhi. Key Points
Economic TimesRaghuram Rajan says India needs to grow at 8% to create enough jobs to meet demand: Report
Speaking at an event in Beijing, Rajan said that while India’s 6-6.5 per cent growth rate is commendable compared to other nations, it falls short of addressing its critical need for creating jobs. Key Points
Business TodayKurukshetra doctor booked for killing brother-in-law
BAMS doctor booked for murder of brother-in-law, a veterinary doctor in Kurukshetra. He shot dead his brother-in-law and injured his wife with his licensed revolver. Accused arrested. Key Points
Hindustan Times
Raghuram Rajan harps on liberal democracy for India to earn world's trust
India's growth path lies in leveraging its intrinsic strengths and becoming crucial to global supply chains by building on its historic culture of tolerance and respect for all, former Reserve Bank of India governor Raghuram Rajan said at the 'Ideas for India' conference. Rajan said India needs to do its homework in strengthening institutions and in strengthening its democracy. Key Points
Economic Times