Karela Fry

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The new Chief Economist

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Raghuram Rajan

IBN Live reports:

Raghuram G Rajan, former IMF chief economist, has been appointed as the Chief Economic Advisor in the Finance Ministry. The Appointments Committee of Cabinet cleared the appointment of Rajan as the new CEA yesterday, sources said. Rajan, known for his frank views, was also honorary economic advisor to Prime Minister Manmohan Singh. At present, he is a professor in the University of Chicago’s Booth School of Business. He is also highly acclaimed for predicting the 2008 global financial crisis. An alumni of IIM-Ahmedabad and IIT-Delhi, Rajan did his doctorate from Massachusetts Institute of Technology. … Rajan was also involved with the report on Financial Sector Reforms, which was authorised by the Planning Commission.

Should you sell your shares in banks, or buy more?

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Written by Arhopala Bazaloides

August 11, 2012 at 8:33 am

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