Greatest mistake India can make is to believe hype around its growth: Raghuram Rajan
indianexpress.com/article/business/economy/india-gdp-growth-raghuram-rajan-9235821/
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| Last Updated | Mar 27 |
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The Indian government’s stated ambition to make the country a developed economy by 2047 is “nonsense if so many of your kids do not have a high school ... Show more
Believing hype around India’s economic growth would be a serious mistake, says Raghuram Rajan
Believing hype around India’s economic growth would be a serious mistake, says Raghuram Rajan
Former RBI governor Raghuram Rajan is afraid that India might be making a big mistake of believing the ‘hype’ around its soaring economic growth ... Show more
Former RBI Governor Raghuram Rajan Slams India's 'Developed Country' Dream, Says Focus On Employment & Education
Former RBI Governor Raghuram Rajan Slams India's 'Developed Country' Dream, Says Focus On Employment & Education
#RaghuramRajan said that India needs to, firstly, make the workforce more employable and then create jobs for the workforce it has.
Read more Will India be a developed country by 2047? Raghuram Rajan says ‘nonsense to even talk about it’ - Hindustan Times
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Believing hype around India’s economic growth would be a serious mistake, says Raghuram Rajan
scroll.in/latest/1065845/believing-hype-around-indias-economic-growth-would-be-a-serious-mistake-says-raghuram-rajan
Greatest mistake India can make is to believe hype around its growth: Raghuram Rajan
indianexpress.com/article/business/economy/india-gdp-growth-raghuram-rajan-9235821/
Indian bank’s IT is so shabby it’s been banned from opening new accounts: After two years of warnings, and outages, regulators ran out of patience with Kotak ...
theregister.com/2024/04/25/rbi_india_kotak_mahindra_bank/
Quick Glance: RBI restricts Kotak Bank from online customer onboarding, issuing new credit cards
- The RBI directed Kotak Mahindra Bank to halt onboarding new customers through online and mobile banking channels and suspend issuing new credit cards immediately.
- Significant deficiencies and non-compliances in the bank's IT risk management and information security governance for 2022 and 2023 were highlighted by the RBI.
- The bank was found to be materially deficient in operational resilience and was instructed to enhance its IT systems to protect customers and the financial ecosystem.
- Historically, the RBI has enforced similar measures on other banks to ensure regulatory compliance, such as suspending customer onboarding and new credit card issuance.
Meta proves AI hype has its limits : Artificial intelligence is a multibillion-dollar project with no clear timeline for revenues
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Quick Glance: AI Revolutionizing Call Centers: TCS Insights
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- TCS's generative AI projects have doubled in value to $900 million by March, highlighting the increasing demand for tech talent and the need for workforce training.
- Reports suggest that overall IT services growth is affected by global uncertainties like inflation, war, and elections, leading to a decline in spending and slower revenue growth for companies like TCS and Infosys.
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India's foreign exchange reserves drop to six-week low: India's foreign exchange reserves fell for a second consecutive week and stood at a six-week low of $640 ...
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India’s financial system has improved dramatically in the past decade : There is much more change to come
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Rupee recovery likely to be challenged by importers, Fed view: The Indian rupee is expected to open little changed on Tuesday on expectations that importers will ...
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India's April business growth at near 14-year high, PMIs show: India's business activity expanded at its fastest pace in nearly 14 years this month thanks to ...
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India Rate Setters Counting on Healthy Growth to Lower Inflation: Strong growth is allowing India’s rate-setters to maintain interest rates higher for longer to ...
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India's Paytm Payments Bank board is independent, Paytm CEO Sharma says: The board of India's Paytm Payments Bank is independent and capable of addressing ...
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India's Axis Bank re-appoints Amitabh Chaudhry as MD, CEO: India's Axis Bank has re-appointed Amitabh Chaudhry as its chief executive officer and managing ...
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PayU receives RBI's in-principle approval for payment aggregator role: PayU RBI payment aggregator license: PayU can now on-board new merchants and provide them ...
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Exporting services: India should sustain the momentum
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Extreme weather conditions may pose risk to inflation, says RBI Bulletin: Extreme weather conditions may pose a risk to inflation, along with prolonged ...
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India plans curbs on suspect bank accounts to fight cyber fraud, sources say: India's central bank plans to soon change guidelines to permit banks to temporarily ...
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Net FDI in India dips to $14.55 billion in April 2023-Februray 2024: FDI in India: In the same period last year (April 2022-February 2023), FDI inflows were at ...
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IMF ups India growth forecasts, citing strong domestic demand: FY24 growth now seen at 7.8%, FY25 rate at 6.8%
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