Category Archives: Reserve Bank of India

Does Raghuram Rajan live in a Cuckoo World?

I read the news “Rajan has bad news for savers: Deposit rates set to fall” What Rajan says makes a lot of sense, in ‘economic theory’. I doubt if even his father, a retired bureaucrat, would give him pass marks. … Continue reading

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Global economy may be slipping into 1930s-like depression, warns Rajan

Global economy may be slipping into 1930s-like depression, warns Rajan While, broadly, agreeing, must recall that the ‘democratic India’ of to-day is totally different from the ‘exploited colonial India’ of the Great Depression years. The Malthusian prophesy of ‘disasterof numbers’ … Continue reading

Posted in 'Indian diaspora', Banking, Devaluation, Economy, Global Depression, India, Industry, RBI, Reserve Bank of India | Tagged , , , , , , , , , | Leave a comment