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File photo of Raghuram Rajan | Tomohiro Ohsumi/Bloomberg

Aatmanirbhar India can’t be protectionist, there’ve been no reforms since NDA 1 — Raghuram Rajan

To revive growth, former RBI governor Raghuram Rajan says India should be cleaning up the mess in corporate & financial sectors. Read the full text of the Off the Cuff interaction here.
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Off The Cuff with Raghuram Rajan

Raghuram Rajan, former Reserve Bank of India governor and the Katherine Dusak Miller Professor of Finance at Chicago Booth  was the guest at ThePrint's Off the Cuff.In a conversation with Editor-in-chief Shekhar Gupta, Rajan shares his assessment of the Indian economy and the actions taken by the Narendra Modi government in handling the pandemic and the resultant consequences. Loss of jobs and livelihoods during the pandemic may leave Indians more impoverished, Rajan said. He also talked about how demonetization, the implementation of the goods and services tax and the government's handling of the Covid lockdown have dealt a body blow to the economy. He also delved upon why India needs to bring in comprehensive reforms and pointed out how the last set of serious growth enhancing reforms were during the first tenure of the National Democratic Alliance which ruled between 1999 and 2004. He also weighed in on what Bangladesh has...
File photo of Raghuram Rajan

Demonetisation, GST, lockdown sans relief dealt body blow to Indian economy — Raghuram Rajan

At ThePrint's OTC, the former RBI governor said if huge levels of debt and financial distress hold back the economy, it will be a lost decade for growth.
File photo of former central bankers Raghuram Rajan and Viral Acharya. | Photo: Tomohiro Ohsumi/Jin Lee/Bloomberg

Modi govt’s reform of public banks a still-born effort, say Raghuram Rajan & Viral Acharya

Loan losses from the pandemic may be too huge for the government to pay, says a new paper authored by the former RBI governor and former RBI deputy governor.

Tribute to Indian-Tibetan SFF hero Nyima Tenzin, and who really needs Y-plus security

The best cartoons of the day, chosen by the editors at ThePrint.
File photo of Raghuram Rajan

Govt needs to be scared out of complacency & Q1 contraction could do that, Raghuram Rajan says

Former RBI governor Raghuram Rajan says saving resources now for future use is self-defeating, ‘patient needs relief when sick, not after atrophy’.
The RBI logo

Why RBI has picked KV Kamath to restructure loans and kick the can down the road

Fear of probe agencies investigating bad loans left a deep scar on banking officials, raising their risk-averse nature to lending. RBI wants Kamath panel to take care of those fears.
File photo of Raghuram Rajan

US-China conflict will impair trade for emerging markets like India, says Raghuram Rajan

RBI Governor Raghuram Rajan also cautioned that corporations, households and governments will have enormous levels of debt as they move out of the pandemic.
Supporters of BJP carry flags during a rally in Bhopal

These 3 leaders, called the BJP’s ‘rhymical trio’, could be part of its parliamentary board

Pre-Truth — snappy, witty and significant snippets from the world of politics and government.
Congress leader Rahul Gandhi speaks online | Photo: @INCIndia | Twitter

A Congress strategy and decoding Covid — behind Rahul Gandhi’s video interview series

Indian-origin nurses are next guests in video series, which Congress says aims to showcase Rahul Gandhi as a politician with layers and a working style different that PM Modi's.

On Camera

File image of a sign outside the Income Tax office | Photo: Brent Lewin | Bloomberg

Govt extends deadline for filing income tax return till 31 December

Earlier in May, the govt had extended the date for filing ITR for FY2019-20 from 31 July to 30 November to give compliance relief to taxpayers.

Defence

Representational Image of a soldier in one of the canteen stores department | http://www.csdindia.gov.in/

Defence Ministry to stop sale of imported goods, including from China, in military canteens

The decision to stop sale of imported goods in canteen store departments is part of efforts to promote local goods. Defence sources say sale of foreign liquor also may follow.
Illustration: Soham Sen/ThePrint

Trump or Biden? Doesn’t matter to India-US ties as they’re in a full, strategic embrace

Pompeo & Esper’s visit to India for the 2+2 talks is proof that old hypocrisies are history, and supreme national interest has again driven a strategic choice.