Friday, 18 January, 2019

Economy

Reserve Bank of India Governor Urjit Patel | Dhiraj Singh/Bloomberg

On Urjit Patel’s resignation, FM Jaitley thanks him while PM Modi says he’ll be missed

RBI governor Urjit Patel, who resigned Monday, had succeeded Raghuram Rajan in September 2016 for a three-year term and demonetisation was implemented during his tenure. 
File photo of Urjit Patel | Dhiraj Singh/Bloomberg

Urjit Patel resigns as RBI governor, cites ‘personal reasons’

Urjit Patel, whose term as RBI governor was due to end next September, resigned on Monday. Urjit Patel resigned as governor of India’s central bank amid grow...
Sonjoy Chatterjee, chairman of India operations at Goldman Sachs Group Inc.

The rock n’ roll loving leader of Goldman Sachs India on merger rush in the country

A confluence of factors helped India draw more inbound investments than China for only the second time in a decade.
Chelpark | Illustration by Soham Sen/ThePrint

So long Chellaram Parker, and thanks for the stained pockets

Indian students used Chelpark ink and pens back when good handwriting also meant good character.
Indian two thousand and five hundred rupee banknotes|: Dhiraj Singh/Bloomberg

India retains position as top receiver of remittances, says World Bank report

Over the last three years, India has registered a significant flow of remittances from USD 62.7 billion in 2016 to USD 80 billion 2018.
Dr Krishnamurthy Subramanian is an associate professor at ISB Hyderabad | LinkedIn

India’s new chief economic advisor is an IIT-IIM alumnus & a huge Raghuram Rajan fan

Krishnamurthy Subramanian got his PhD degree from Chicago-Booth. His prime focus has been banking, economic policy and corporate governance.
The International Business Machines Corp. (IBM) logo

HCL tumbles most since May on $1.8 billion IBM-asset acquisition

The shares tumbled as much as 7.7 per cent in Mumbai, ranking them among the biggest decliners on the MSCI Asia Pacific Index.
The Singh brothers

Businessmen brothers Malvinder & Shivinder Mohan Singh accuse each other of assault

Malvinder and Shivinder Mohan Singh, the former promoters of Fortis Healthcare, have not been on speaking terms for months now.

India’s growth forecast cut by Fitch amid RBI-government spat

Fitch Ratings lowered its 2018 growth forecast for India to 7.2% from 7.8% seen previously.
Search and rescue team members carry a body recovered from the crash | Rony Zakaria/Bloomberg

‘Betrayed’, Lion Air may cancel $22 billion-worth flight orders after Boeing crash repor...

Lion Air claims that Boeing's report of the deadly plane crash in Indonesia on 29 October unfairly implicates the airline.
Illustration by Soham Sen | ThePrint.in

Rahul Gandhi’s pitch that Modi is the worst doesn’t mean Congress is the best

Which constituency is Rahul Gandhi addressing? How exactly does he define his base? Or, does he even know what his base is?