While Banerjee got his PhD from Harvard, he did his Bachelor’s in economics from Presidency, Calcutta and his Master’s from JNU.
What has troubled some critics is that he is a public sympathiser of Yugoslavian and Serbian war criminal Slobodan Miloševic.
John Goodenough, Stanley Whittingham, and Akira Yoshino won the 2019 Nobel Prize for Chemistry for the development of lithium-ion batteries.
By refusing to cut rate by 35 bps or more the RBI wants to make it clear that liquidity availability is not the binding constraint on growth.
For Trump, Howdy Modi was a golden opportunity to woo a vital segment of American voters.
A lower rate, comparable with Asian peers, and sans any exemptions, will make large Indian cos more competitive.
The export sops announced are welcome. But they would take time to kick in and boost exports.
Indian Space Research Organisation will analyse the mishap to identify what went wrong and rectify the defect that caused it.
It is in the interest of the Indian economy to have large banks that can lend to large companies, given the greater segmentation of credit now.
Essentially, the committee has decided to keep the RBI’s revaluation reserves out of funds that can be used for transfer to any other account.
The reform of taxman-taxpayer interface, deploying technology and eliminating direct contact, is most welcome.
While Singh reiterated India's continuation of the 'no first use' policy, Singh's comment comes at a time when the Indian government has been seen to conduct 'radical' moves.
The most notable feature of Narendra Modi’s sixth speech from the ramparts of the Red Fort is an absence: an enemy to attack.
Sonia Gandhi values counsel, and patient survival informs her action, rather than impetuous entitlement.
RBI shares the general concern about slowing growth and would like to do its bit to lift spirits and get the economy moving.
India seems to have well mastered supercritical technology configured for domestic coal.
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