Former RBI Governor News
Shaktikanta Das Salary: PM Modi is known for maintaining strong ties with key officials, often ensuring their continued involvement in his administration. Shaktikanta Das is one such trusted official. After serving as the Governor of the Reserve Bank of India for six years, he retired in December last year.
His appointment as Principal Secretary comes at a crucial time, as the economy grapples with challenges such as trade tensions fueled by US policies, rupee volatility, and an overall slowdown. With his extensive experience in both fiscal and monetary policy—having served as Revenue Secretary and Economic Affairs Secretary in the Ministry of Finance—Das is well-positioned to navigate these economic uncertainties and provide strategic guidance.
Ex-RBI Governor Raghuram Rajan joins Rahul Gandhi
Video is circulating widely across social media platforms
The padayatra started from the Jeenapur area of Sawai Madhopur district
Former RBI governor Raghuram Rajan said on Sunday that populist nationalism was 'inward-looking'.
India's diverse multicultural society and tradition of tolerance is its greatest strength, Raghuram Rajan said on Thursday.
Having returned to academia after a controversy-ridden stint at the RBI, former Governor Raghuram Rajan feels "great to be back" riding his bike in Chicago and hopes to "do it as long as" he can.
Stringent RBI norms proposed for corporate lending are expected to nudge banks towards consumer loans, SBI Chairperson Arundhati Bhattacharya has said while reiterating that there is no bubble in the retail segment.
The country may see some capital outflow and weakness in stocks following the rate hike by US Federal Reserve, but the negative impact is not expected to be severe, former RBI Governor C Rangarajan said on Thursday.
The EMC is being set up following the announcement made by Finance Minister Arun Jaitley in the Budget 2014-15.
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