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Sir Osborne Smith (1935-1937) Sir Osborne Smith was the first Governor of RBI. He had earlier headed the Imperial Bank of India. Lord Willingdon was India’s Viceroy when RBI started operations and sir Osborne Smith took charge as its governor. Due to his differences with the government over issues such as exchange rates, interest rates ..
Former RBI Governor Raghuram Rajan has been honoured with the ‘Yashwantrao Chavan National Award 2018’ for his contribution to economic development. He was presented the award at a function on 12th March 2016 on the occasion of the 106th birth anniversary of Yashwantrao Chavan, who was the first chief minister of Maharashtra. The award is ..
Prof. Gita Gopinath, the John Zwaanstra professor of International Studies and Economics at Harvard University, has joined International Monetary Fund (IMF) as its first female Chief Economist. The 11th chief economist of the IMF, Gopinath succeeded Maurice (Maury) Obstfeld as Economic Counsellor and Director of the IMF’s Research Department. With this, Gopinath became the 2nd ..
Gita Gopinath, professor at Harvard University, has been appointed chief economist of the International Monetary Fund (IMF). The India-born economist will succeed Maurice (Maury) Obstfeld, who is to retire at the end of 2018.With this, Gopinath will become the 2nd Indian after former RBI Governor Raghuram Rajan to be appointed to the position. According to ..
The 2008 financial crisis brought the world to a standstill. Even India was not immune from the impact of the crisis. But the impact was limited. The aftermath effects of the crisis continued to haunt India for a longer period of time. The dark clouds of another financial crisis are looming large over India. Why ..
Raghuram Rajan will take the place of Kaushik basu as the Chief Economic Adviser. The selection was made by Prime Minister’s Economic advisory council headed by C.Rangarajan. Mr. Rajan has been former Chief Economist of International Monetary Fund. Currently Rajan is the Eric J Gleacher Distinguished Service Professor of Finance at the University of Chicago’s ..