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Opinion: Sonalde Desai: Population growth and the changing geographic and generational balance of power The United Nations estimates that the world population will reach 8 billion on November 15, 2022. Our minds had barely wrapped around a global population of 7 billion in 2011, and now, only 12 years later, we are looking at a...   Read More

Highlights

  • Better safe than sorry

    At the C D Deshmukh Memorial Lecture organised last week by the National Council of Applied Economic Research its director Shekhar Shah had an awkward moment when his voice cracked during his address. Reserve Bank of India (RBI) Governor Raghuram Rajan came to Shah's rescue by walking up to him and offering him a glass...   Read More

  • Stay on fiscal consolidation path, cautions Rajan

    Reserve Bank of India Governor Raghuram Rajan on Friday backed fiscal consolidation over "aggressive" policies to boost economic growth as the finance ministry grapples with a dilemma between economic stability and growth ahead of the Budget. Delivering the C D Deshmukh memorial lecture at the National Council of Applied Economic Research in New Delhi he...   Read More

  • Never doubted new GDP numbers, says Raghuram Rajan

    NEW DELHI: A day after stating that "there are problems with the way we count GDP" RBI Governor Raghuram Rajan today said he has never raised doubts over the GDP numbers and they are broadly correct.   "It was not anything about new GDP numbers or the way GDP is calculated. I think it's broadly correct"...   Read More

  • Rajan warns against straying from fiscal consolidation path

    During global turmoil macroeconomic stability should not be risked Ahead of the Budget Reserve Bank of India Governor Raghuram Rajan on Friday cautioned against deviation from the fiscal consolidation path which he said could hurt macroeconomic stability. During the global turmoil macroeconomic stability should not be risked and both the government and the central bank...   Read More

  • Raghuram Rajan warns govt against loose fiscal policy

    Reserve Bank of India governor Raghuram Rajan on Friday said that a growth rate of over 7% was a credible achievement given wobbly conditions in the world economy but cautioned the government against being “over ambitious” and asked it to contain its borrowings. “It is to the immense credit of the government that we have...   Read More

  • Press Release : Dr Raghuram Rajan’s Lecture on Financial Sector Reforms in India: The Past and the Future at the Nehru Memorial Library Auditorium, Teen Murti, New Delhi

    New Delhi (January 29 2016):  Dr Raghuram Rajan Governor of the Reserve Bank of India delivered NCAER’s 4th C. D. Deshmukh Memorial Lecture on January 29 2016 to an audience of distinguished economists civil servants industry analysts and economics students.  Dr Rajan’s speech is attached in its entirety. Dr Bimal Jalan Chairman of India’s Expenditure...   Read More

  • Rajan invokes dosa economics to say pensioners are better off

    Reserve Bank Governor Raghuram Rajan on Friday invoked ‘dosa economics’ to explain that pensioners are better off in the regime of falling inflation. Delivering the C D Deshmukh memorial lecture in the capital he said that a pensioner would be able to buy more number of dosas from lower interest income provided the inflation remained...   Read More

  • RBI Guv Raghuram Rajan warns against fiscal deficit driven growth

    Ahead of the Budget Reserve Bank of India (RBI) Governor Raghuram Rajan today warned against generating economic growth through additional debt saying that any deviation from the fiscal consolidation path will hurt stability of the economy. “As Brazil’s experience suggests the enormous costs of becoming an unstable country far outweigh any small growth benefits that...   Read More

  • Timely weather forecast to farmers led to Rs 42000 cr profit

    "Timely" weather forecast services to 11.5 million peasants resulted in economic profit worth Rs 42000 crore during 2015 Minister for Science and Technology and Earth Sciences Harsh Vardhan said today. He also made a strong pitch for expanding the web of facilities to all farmers to attain estimated profit of Rs 3.20 lakh crore. Referring to a report...   Read More

  • Press Release: Between Droughts and Downpours: Farmer prospects may remain dim in 2016 says NCAER

    NEW DELHI (January 13 2016) - Battling extremes of drought and unseasonal rains complicated now by a warm winter the Indian farmer had a difficult year in 2015 and his prospects are unlikely to improve in 2016. This has resulted in farmer distress and may lead to a decline in food-grain output in 2016 for...   Read More

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