MUMBAI: The RBI under former governor Shaktikanta Das resisted pressures to cut interest rates through 2024 as it kept its 'Arjuna's eye' trained on inflation, but the central bank under a new detail-oriented head will soon have to take a call if it can continue sacrificing growth.
Das, a career bureaucrat who in 2016 oversaw Prime Minister Narendra Modi's highly disruptive demonetisation move, left a lasting legacy as he demitted office towards the end of 2024 after expertly navigating monetary policy for six years, the highlight of which was steering India's recovery through the pandemic.
Sanjay Malhotra, another civil servant, was named as Das' successor barely 24 hours before the latter's second three-year term came to an end.
Esta historia es de la edición Kolkata 23 December 2024 de Millennium Post Kolkata.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición Kolkata 23 December 2024 de Millennium Post Kolkata.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor? Conectar
Bollywood needs new voices, artists from across India
Varun Dhawan said that people in positions of power in Bollywood need to understand the need to change with time
Richa feels like giving up 'every six months'
Chadha and Ali Fazal are promoting their debut production venture 'Girls Will Be Girls'
'Pushpa 2' is most watched film of 2024
The film earned Rs 1,500 crore at the global box office
I am excited to work with Christopher Nolan: Tom Holland
Hollywood star Tom Holland said he is excited to work with Academy Award-winning filmmaker Christopher Nolan for his next movie but doesn't know anything about the project.
Blake Lively accuses Justin Baldoni of harassment & smear campaign
She accused him of embarking on a 'multi-tiered plan' to damage her reputation
Dubai to host India's matches in Champions Trophy
Dubai has been locked in as the neutral venue to host India's matches in the Champions Trophy with a semi-final and the final also to be staged in the UAE if Rohit Sharma and Co qualify for the knockouts.
Second half blitz propels Kerala Blasters to 3-0 win over Mohammedan
Kerala Blasters FC produced a scintillating second-half performance to secure a commanding 3-0 victory over Mohammedan SC in the Indian Super League here on Sunday.
Rohit Sharma should change his tactics, be more attacking batting at No. 6: Shastri
Rohit was expected to reclaim the opener's spot but KL Rahul's 77 in India's win at Perth prompted a rejig of batting order with Rohit moving down to No.6
Mandhana, Renuka blow away West Indies in first ODI
India thrash West Indies by 211 runs in Women's ODI
Root returns to ODI squad for India tour, Champions Trophy
Veteran batter Joe Root's return to 50-over format after more than a year headlined England's squad announcement for the ODI tour to India and the ICC Champions Trophy.
