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About 11 results for "srinivasa raghavan"

RBI vs the government: Who's the boss?

RBI vs the government: Who's the boss?

The Reserve Bank of India is not a free agent. It never has been, nor should it ever be, explains T C A Srinivasa-Raghavan.  Raghuram Rajan says we must distinguish between what is de jure and what is de facto. He adds that, de facto, the Reserve Bank of India (RBI) is independent.  Here is a very short summary of the RBI vs the government. It is very telling.  Who's the boss?  No sooner was the recommendation made in 1926 to set up the RBI, a controversy arose as to who ..., 2 months ago

T C A Srinivasa-Raghavan: Why the CPI-M must oppose the IFC

It would have to be a month of Sundays, I had always thought, when I would appeal to the CPI-M for help. But stranger things have happened, so here goes. Basically, Mr Yechury, Sir, the problem is this: the new financial code proposed by the ...
 Business Standard India2 months ago

How time and again India managed to come out of financial crisis

Though Narendra Modi doesn't know it, he is a victim of this deep-rooted infection. He wants efficient markets and strong regulation as well as a huge public sector presence in the financial and manufacturing sectors, notes T C A Srinivasa-Raghavan. Exactly seven years ago, in September 2008, the global financial system as the world had known it since the late 1970s collapsed on itself. Reason: untrammelled greed on the part of the West, governments included. Since then all manner of ...
 Rediff.com2 weeks ago

Why there's no end to labour woes in India? Few observations

No political party, if it can avoid it, will choose to lose the votes of members of the unions and their families, says T C A Srinivasa-Raghavan. The Narendra Modi government, in its bid to speed up industrialisation, has come up against yet more resistance, this time from labour and its trades unions. On September 2, a few million members of these unions went on a strike protesting against the reform of Chapter 5B of the Industrial Disputes Act and the Contract Labour Act. This is ...
 Rediff.com1 month ago
Times of India

Every third child is bullied in school, shows study

CHENNAI: . On Monday, when her mother stepped out of the house, Karthika ended her life in a noose. Bullying - sometimes with tragic consequences - is more prevalent than we think. A recent study by research agency IMRB and ParentCircle, has ...
 Times of India1 month ago

Can India make China sweat?

The government of India may not have sent a thank you card to the relevant committee at Morgan Stanley Capital International (MSCI) for its decision not to include China A-share indices in their benchmarks in May this year. Had it done so, ...
 Livemint.com1 month ago
The Hindu

Colonial law stands in way of renaming Madras High Court, says expert

Even a Tamil name board at the Madras High Court Bench in Madurai uses the word Madras and not Chennai.— Photo: G. Moorthy. A section of lawyers and law students from Madurai and Chennai have planned to jointly revive their agitation from ...
 The Hindu1 month ago

External account and sovereignty

At one place, in his book Capital in the Twenty-First Century, Thomas Piketty asks: To what extent will some countries find themselves owned by other countries over the course of the 21st century? Are the substantial net foreign asset positions ...
 Livemint.com1 month ago

Britain has a cure for India's ailing banks, Mr Rajan are you listening?

In 2009, Lord Turner's main message was that Britain and the world had been following the wrong policy model and the time had come to look for a better way of doing things. Image: RBI governor Raghuram Rajan addressing a press conference after announcing the monetary policy in Mumbai. Photograph: PTI Remember 2005-08? When a group of dedicated economists launched an all-out attack on the Reserve Bank of India (RBI)? There followed two major reports that sought to lay the intellectual ...
 Rediff.com1 month ago
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