was finance secretary in Delhi when I was appointed governor of the Reserve Bank of India (RBI) in September 2008. Before moving to Mumbai, I went to call on Prime Minister Manmohan Singh to thank him for the confidence he reposed in me. It was a brief meeting – just about 15 minutes. We talked about the economic situation, of course – the government's fiscal challenges as well as RBI's unlikely problem of defending the rupee against appreciation.
After about 10 minutes of this, I said: "Sir, you were governor of RBI yourself. Do you have any advice to give me?" Dr Singh very characteristically demurred with that faint smile of his which you saw more in his eyes than on his lips. "What advice do I give you, Subbarao? You've been in the IAS, you know the country, you know the government, and you are familiar with RBI. Do what you think is best for the economy. I am sure you will do well," he said.
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Denne historien er fra December 28, 2024-utgaven av Hindustan Times Mumbai.
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Allu Arjun Debuts New Look As He Visits Court To Complete Bail Formalities
The actor submitted sureties at a Hyderabad court after being granted bail in connection with the Sandhya Theatre incident, debuting a new look in the process
My new song is meant to be something people can have fun with, says Paradox
Rapper Tanishq Singh aka Paradox has always been willing to push the boundaries of his music, resulting in a sound that is constantly evolving.
I've done a lot of TV, and I was tired, so I left it, as one tends to lose excitement, says Aamir Ali
Actor Aamir Ali has been a regular face on television for just a little under two decades, having been part of Kahaani Ghar Ghar Kii, Kya Dil Mein Hai and FIR.
Ariana Grande's 'Botox and Juvederm' joke sparks backlash
Singer-actor Ariana Grande, who has received significant praise for her portrayal of Glinda in Wicked (2024), was honored with the Rising Star Award at the Palm Springs International Film Festival 2025 on January 3.
DSP: I was prepared for Kissik and Oo Antava comparisons
As long as you don't let success get to your head, you are not bothered by the outcome,\" says composer Devi Sri Prasad, also known as DSP, who is pleased with the reception of his music for Pushpa 2: The Rule.
Sparks of Trouble for Coldplay Gujarat gig!
A head of its highly anticipated India tour, British rock band Coldplay is making headlines, again! After a lot of frenzy around the concert tickets flying off the shelf in seconds, now, the District Child Protection Unit (DCPU) in Ahmedabad has issued a notice to the band frontman, singer Chris Martin, and the organisers of the concert.
Aubrey's husband, director Jeff Baena, dies by suicide
Actor-comedian Aubrey Plaza is mourning the loss of her husband, director Jeff Baena, who died at the age of 47.
Rohit and Virat still have the hunger, says Gambhir
No one in the team will say it, but they are all surely thinking it.
Lebrun brothers, the French connection in Thakkar's rise
Manav Thakkar, India's No.2 male paddler, noticed how the Lebrun brothers, the French siblings who have taken the table tennis world by storm, would \"invent stuff\" after training sessions even as the others would wind down.
HIL route to making India return
Many sidelined from the national squad have bounced back via the league, Rohidas being a shining example
