Topic
raghuram rajan
Ex-RBI Governor Raghuram Rajan and Two Other Indians Join US Federal Reserve Policy Review Panels
The US Federal Reserve has appointed former RBI governor Raghuram Rajan, Harvard economist Raj Chetty, and Microsoft executive Asha Sharma to separate task forces reviewing its monetary policy framework. The panels, announced by Chairman Kevin Warsh, will examine balance sheet policy, data quality, productivity and jobs, communications, and inflation frameworks. The appointments signal an effort to incorporate diverse expertise as the Fed reassesses its tools and methods.
Raghuram Rajan Questions India's Growth Data, Cites Weak Investment and FDI
Former RBI Governor Raghuram Rajan has questioned India's official economic growth figures, noting a persistent disconnect between headline GDP numbers and business behavior such as weak corporate investment and falling foreign direct investment. His remarks come as India reported 7.7% growth in FY 2025-26, but Rajan argues that investment decisions by companies suggest growth may be less robust. He also warns of risks from the Middle East conflict and rising oil prices.