Modi names critical ex-IMF man to Rajan's old post
New Delhi
THE Indian government on Friday named former International Monetary Fund (IMF) official Arvind Subramanian as its new chief economic adviser, a position left vacant for a year after Raghuram Rajan was appointed central bank governor.
Mr Subramanian was a senior fellow at the Peterson Institute for International Economics in Washington, where he criticised Prime Minister Narendra Modi's first budget for its "implausible" revenue projections. He has also been critical of India's method of blocking a World Trade Organization (WTP) pact and has said that Mr Modi as chief minister of Gujarat w…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
S&P downgrades Israel rating on heightened geopolitical risk
‘We have our jury’: panel selected for Trump criminal trial
UK wage growth and services inflation too high for rate cut, BOE’s Greene says
US to reduce licensing by 80% for UK, Australia to boost Aukus
IMF tells Asian central banks not to follow Fed too closely
UN chief warns Mideast on brink of 'full-scale regional conflict'