This is a story of a young financial-sector professional who rode on the economic boom of the past few years, but lost his job when the wave of the global credit crunch hit India after the collapse of the Wall Street investment bank Lehman Brothers.
In the foreword to the book, From Lehman to Demonetization, KV Kamath, president of New Development Bank of BRICs countries, has written that author Tamal Bandyopadhyay is a “mythical bowler” who can deliver all sorts of bowls on different pitches.
When Raghuram Govind Rajan came to India as the government’s chief economic adviser two years ago, everyone warned him about the bureaucracy. “People told me the bureaucracy here will be very difficult to deal with—very smart people, but with very different agendas
The government has been pushing the RBI to cut lending rate to boost private investments. The central bank though, is stoic because of inflationary pressure. While Acharya surely can marry the drab world of fiscal prudence with hit Hindi film songs with elan, the real task at hand would be to balance inflation and growth […]