#Raghuram Rajan
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The worry that the Fed and Treasury
have is there might be a silent run
going on.
(Raghuram Rajan)
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#share market tips#investing stocks#multibagger share#multibagger stock#stocks#share market#rbi#raghuram rajan#Youtube
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Hindu Growth Rate पर ये क्या बोल गए रघुराम राजन, इससे देश को किन चुनौतियों का सामना करना होगा?
भारतीय रिजर्व बैंक (RBI) के पूर्व गवर्नर रघुराम राजन ने निजी क्षेत्र के निवेश में कमी, उच्च ब्जाज दरों और वैश्विक वृध्दि की सुस्त पड़ती स्पीड को देखते हुए कहा कि भारत निम्न वृध्दि वाली हिंदू वृध्दि दर (Hindu Growth Rate) के बेहद करीब पहुंच गया है।
भारतीय अर्थव्यवस्था की वृध्दि दर 1950 से लेकर 1980 के दशक तक चार फीसदी के निम्न स्तर पर रही थी, जिसे ‘हिंदू वृध्दि दर’ (Hindu Growth Rate) भी कहा जाता है।
धीमी वृध्दि के लिए ‘हिंदू वृध्दि दर’ (Hindu Growth Rate) शब्दावली का इस्तेमाल 1978 में भारतीय अर्थशास्त्री राज कृष्ण ने किया था।
पूर्व गवर्नर ने ये कहा (Hindu Growth Rate)
राजन के अनुसार, राष्ट्रीय सांख्यकीय कार्यालय ने पिछले महीने राष्ट्रीय आय के जो अनुमान जारी किए हैं, उनसे तिमाही वृध्दि में क्रमिक नरमी के संकेत मिलते हैं, जो चिंता का विषय है।
NSO के अनुसार, चालू वित्त वर्ष की तिमाही में सकल घरेलू उत्पाद की वृध्दि दर घटकर 4.4 फीसदी रह गई, जो दूसरी तिमाही में 6.3 फीसदी और पहली तिमाही में 13.2 फीसदी थी। पिछले वित्त वर्ष की तीसरी तिमाही में वृध्दि दर 5.2 प्रतिशत रहा था।
राजन ने “पीटीआई-भाषा” को ईमेल के माध्यम से दिए गए एक साक्षात्कार में कहा, ” आशावादी निश्चित ही पिछले GDP आंकड़ों में किए गए सुधार की बात करेंगे, लेकिन मैं क्रमिक नरमी को लेकर चिंतित हूं।
इतनी वृध्दि दर को बताया सही
निजी क्षेत्र निवेश करने के लिए इच्छुक नहीं है, RBI ब्याज दरों में वृध्दि करता जा रहा है और वैश्विक वृध्दि के आने वाले वक्त में धीमे होने की आशंका है। (Hindu Growth Rate)
अक्टूबर-दिसंबर के जीडीपी आंकड़े बताते हैं कि साल की पहली छमाही में वृध्दि कमजोर होगी। उन्होंने कहा मेरी आशंकाएं बेवजह नहीं हैं। आरबीआई ने तो चालू वित्त वर्ष की अंतिम तिमाही में और भी कम 4.2 प्रतिशत की वृध्दि तीन साल पहले की तुलना में 3.7 प्रतिशत है।
Also Read: इलेक्ट्रिक व्हीकल लेने से पहले जान लीजिए इस Motorcycle का माइलेज, आधे लीटर पेट्रोल में भी करेगी लंबी दूरी तय
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SUBTLE SECRET OF AMRIT VELA 🤠💯
#amritvela #meditation #remembertheone
சிவனின் நேரடி ஞானத்தை பெற அருகிலுள்ள பிரம்மா குமாரிகள் ராஜயோக தியான நிலையத்தை முற்றிலும் இலவசமாக அணுகுங்கள்.
#godshiva❤#godshivaarmy#goldenage#godslove#happiness#kalpavriksh#father#children#fatherslove#bliss#rajayogameditation#rajayogamemes#raghuram rajan#r ajay gnanamuthu#rajayogatamil#rajayoga#brahmakumaris
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'Wicked sense of humour': Raghuram Rajan gives a feel of Nobel Prize winner Douglas Diamond's personality
‘Wicked sense of humour’: Raghuram Rajan gives a feel of Nobel Prize winner Douglas Diamond’s personality
Former Reserve Bank of India Governor and economist Raghuram Rajan said in a social media post that his friend Douglas Diamond – who won the Nobel Prize for Economics on Monday along with Ben S Bernanke and Philip H Dybvig – is one of the smartest people he knows. He called Diamond, who he has known since 1991, an extremely kind and a very modest person with a wicked sense of humour.
“I have…
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#Ben S Bernanke#Douglas Diamond#Nobel Prize for Economics#Philip H Dybvig#Raghuram Rajan#Raghuram Rajan on Douglas Diamond#Raghuram Rajan post on Douglas Diamond#who is Douglas Diamond
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We have to increase the skill base and education of our people, former Governor of the Reserve Bank, Raghuram Rajan
The former Governor of the Reserve Bank, Raghuram Rajan, on Tuesday told a leading media house that India needs to do better considering its large population even though the growing numbers of the nation are very good as compared to other economies. Although, as per the government facts presented in the parliament as a reply to the debate on price hike claim that the growth figure is around 7 percent, the growth has been "insufficient for the kind of jobs we need," claims Rajan.
Establishing a relationship between jobs and demand two important vectors of the economy, Mr. Rajan said, "Despite the growth, capacity utilization is low. We need more demand going forward".
He accepted that the 7% growth figure is "not something to sneer at." "A lot of this growth is jobless growth. Jobs are essentially Task One for the economy. We don't need everybody to be a software programmer or consultant but we need decent jobs," he added.
Talking further about creating jibs he said, "There are no shortcuts here. We have to increase the skill base and education of our people... If we can create the skill base, the jobs will come".
He also discussed the need for a dialogue in democracy and said, "In the last few years, you have seen a number of decisions without wide consultation. Demonetisation for example. Now you couldn't have had wide consultations. There are others -- farm bills for example. In a democracy, it works when you have a dialogue. It need not be an endless dialogue... And often people know what the ground realities are better than coterie sitting in the PM's office".
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#national news India#werindia#leading india news source#top news headlines#top news stories#national news headlines#education#jobs#govt jobs#Raghuram Rajan
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“The Free Market Utopia”
Adam smith in his historic work “The Wealth of nations” has given an insight on how the firces of Demand and Supply and Competition to strive for customer satisfaction among the various players can help establishment of what is classically called as an open Market. Since the inception of this idea, many countries have followed the cause of free market and open economy, not bound by the chains of government control, where demand and adhering to customer satisfaction formed the founding pedestal of what I describe as the utopia where small scaled and medium scaled “sharks” exist in the same ocean.
But what Raghuram Rajan argues in his work “Saving Capitalism from the capitalists” is that the system is not free as the common cliched statement that float around in the society. What we have is a skewed playing field. It might be a common feeble conclusion that with the advent of Industry 4.0 this skewness would be overcome by parity, but what we see is aggressive predatory prices, hostile takeovers, fluking Labour laws. This phenomenon has led to the creation of Oligarchs and the worst thing is, the line between oligarchy and classic capitalism is thinning as we progress, which should have been otherwise. Political discourse dominating the world has a major hand in moulding the economic state the way it is turning out to be.
The free market in its genuine definition promotes competitiveness which makes the economy end customer centric, the liberalization of the Indian economy is one of the exemplar policy reforms that have make Indian look eye on eye to its western counterparts. It is also fitting on the occasion on the Birth anniversary of PV Narsimha Rao’s to remember the LPG reforms which changed India’s Perception in the Worldview. No one could imagine taking such a stance in a country where people to this day are socialist by their very genes. Well History has paid its reverence to his service to the nation anyways, even though for a certain section he remains a villain who was involved in one of the biggest scams in India’s History.
In the current scenario the proliferation of countless new E-Commerce websites has created increased convenience and provided abundant choices to customers. Codswallop is the classical English Term which I can recall for this statement. Because in the hindsight, we see the “big guys” aggregating together and unleash with big discounts and flash sales, which leaves the small fish either thrown out of the ocean chocking on the land or being eaten by the big sharks. The security exchange board of India has very correctly meddled into the valuation norms these sharks looking to be listed on the stock exchange.
A Layman can argue what the issue in predatory pricing and huge discounts, the rule says the best one survives. Things are not that naïve in this case; this scenario will eventually lead to small enterprises making persistent losses financially. The big players would make sure that the customer base would flock to them by these measures even if that means taking a Bullet in the monetary arm. The ultimate loss bearer of all this monopolistic jargon is the customer who would be left with no choices in the future, falling puppet to any obnoxious pricing strategy that the company may adopt at its sole will. The classic case is the Indian Telecom sector where the customer is left with only two players Airtel or Jio. So, we are ought to bow down to the dynamic pricing of the “Imperialist Masters” if I might say so. The worst thing is that the level playing field is distorted to such an extent, it is almost impossible for any entrepreneur to invest or think about disrupting the telecom Scenario in the country.
Ecommerce sites only promote those sellers which have some sort of affiliations and associations, often compromising the originality and brainstorming that goes into product development. The preferred ones have the visibility advantage. Food aggregators have been involved in the practice of the private labelling of products of some prominent sellers and walking the same path as its E-Giant masters. It is quite noteworthy how Technology backed information asymmetry can lead to widescale distortion of the neutral nature of the marketplace biome.
When we dig deep into the core of the issue, we come across certain checkpoints which have enabled such mess to take a mammoth stature, one is absolute lack of transparent dispute mechanism between different parties and second is the one-sided contract which allow disparity to creep in form of clauses. It is very often that hidden charges, unsupportive troubleshooting facilities, overcommitment have made the position of consumer very vulnerable in the Market. Companies forces one to use their designed payment systems, hotel chains have very restrictive exit clauses, food aggregators often force restaurant owners to charge much less than their agreement because of the hold of customer base these companies command in their fists.
What is the way forward then, the current system plagues the small enterprises who are constantly suffering at the hand of the big players who have the leash in their hands by the virtue of unethical practices and bargain power. The time is finally that the conservative powers realize the necessity of comprehensive set of rules and regulations to make the market inclusive eliminating any anti-competitive practices. A level playing field agreement model must be ensured between the business entities. Digital Markets Act implemented by the European Union can be our basis to inculcate fair competition in the micro market scenario, reinforced by strong grievance redressal system.
The government needs to be the “regulatory hand” and hold the “invisible hand” of Self Interest, tight together to achieve in true sense a free economy. It might sound very regressive and very colonial, but I firmly believe that the role of bureaucracy could not be more substantial, the steel frame of India must be given the Role of the Guardian of this ecosystem plagued with various disabilities. I conclude with the quote by Sardar Vallabhai Patel- “There is something unique in this soil, which despite many obstacles has always remained the abode of great souls”.
Ayush Raj
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Raghuram Rajan : राहुल गांधींना अर्थतज्ज्ञ रघुराम राजन यांची साथ, भारत जोडो यात्रेत घेतला सहभाग
Raghuram Rajan : राहुल गांधींना अर्थतज्ज्ञ रघुराम राजन यांची साथ, भारत जोडो यात्रेत घेतला सहभाग
Raghuram Rajan : राहुल गांधींना अर्थतज्ज्ञ रघुराम राजन यांची साथ, भारत जोडो यात्रेत घेतला सहभाग
Raghuram Rajan in Bharat Jodo Yatra : रिझर्व्ह बँकेचे माजी गव्हर्नर रघुराम राजन यांनी आज भारत जोडो यात्रेत सहभाग घेऊन राहुल गांधी यांच्याशी संवाद साधला.
Raghuram Rajan in Bharat Jodo Yatra : रिझर्व्ह बँकेचे माजी गव्हर्नर रघुराम राजन यांनी आज भारत जोडो यात्रेत सहभाग घेऊन राहुल गांधी यांच्याशी संवाद…
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#raghuram#rajan#अपडेट न्यूज#अर्थतज्ज्ञ#आजची बातमी#आताची बातमी#ऑनलाईन बातम्या#गांधींना#घेतला#जोडो#ठळक बातम्या#ताज्या घडामोडी#न्यूज फ्लॅश#बातम्या#भारत#भारत लाईव्ह न्यूज मीडिया#मराठी बातम्या#मराठी समाचार#महाराष्ट्र#यांची#यात्रेत#रघुराम#राजन#राहुल#लेटेस्ट बातमी#सहभाग#साथ
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رگھورام راجن کا انتباہ: مسلمانوں کو دوسرے درجے کا شہری بنانے کی کوشش ملک کو تقسیم کر دے گی
رگھورام راجن کا انتباہ: مسلمانوں کو دوسرے درجے کا شہری بنانے کی کوشش ملک کو تقسیم کر دے گی
رگھورام راجن کا انتباہ:
مسلمانوں کو دوسرے درجے کا شہری بنانے کی کوشش ملک کو تقسیم کر دے گی
رائے پور،31جولائی ( آئی این ایس انڈیا )
ریزرو بینک آف انڈیا کے سابق گورنر اور معروف ماہر اقتصادیات رگھورام راجن نے اقلیتوں کو دوسرے درجے کا شہری بنانے کی کوشش کیخلاف ملک کو خبردار کیا۔ انہوں نے کہا کہ اقلیتوں کو دوسرے درجے کا شہری بنانے کی کوئی بھی کوشش ملک کو تقسیم کرے گی اور ��ندرونی ناراضگی کا باعث بنے…
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Mid-year book tag
Thank you so much for tagging me, @fluencylevelfrench! 💜
Amount of books you've read so far: 19
Best book you’ve read so far in 2022: Atlas der verlorenen Sprachen by Rita Mielke
Best sequel you’ve read so far in 2022: El dominio mundial: Elementos del poder y claves geopolíticas by Pedro Baños Bajo
New release you haven’t read yet but want to: House of Sky and Breath by Sarah J. Maas (Although I haven’t yet read the first part.)
Most anticipated release for the second half of the year: A Court of Thorns and Roses #5 by Sarah J. Maas (Although it is not confirmed that it will be released this year 😕)
Biggest surprise favorite new author (debut or new to you): I loved John McWhorter’s Our Magnificent Bastard Tongue: The Untold History of English and can’t wait to read something else by him.
Newest fictional crush: None, I’ve mainly been reading nonfiction.
Book that made you cry: Cien años de soledad by Gabriel García Márquez made me drop a tear.
Book that made you happy: Linguistics for Dummies by Rose-Marie Dechaine, Strang Burton, and Eric Vatikiotis-Bateson
Most beautiful book you’ve bought so far this year (or received): Lonely Planet’s Guide to Life by Lonely Planet (I got it for Christmas.)
What books do you need to read by the end of the year? I need to read 40 books (besides the one I’m currently reading) to meet my Goodreads goal. According to my TBR list, they are the following:
Fifty Inventions That Shaped the Modern Economy by Tim Harford
Gefährlicher Einkauf by Volker Borbein
Language Families of the World by John McWhorter
The Third Pillar: How Markets and the State Leave the Community Behind by Raghuram G. Rajan
Grenzverkehr am Bodensee by Felix & Theo
Why I’m No Longer Talking to White People About Race by Reni Eddo-Lodge
Dermo!: The Real Russian Tolstoy Never Used by Edward Topol
Language Interrupted: Signs of Non-Native Acquisition in Standard Language Grammars by John McWhorter
The Importance of Being Earnest by Oscar Wilde
Dirty Russian: Everyday Slang from “What’s Up” to “F*%# Off!” by Erin Coyne
Predicting New Words: The Secrets of Their Success by Allan Metcalf
Jeder ist käuflich by Marie-Claire Lohéac-Wieders
Pop Culture Russia!: Media, Arts, and Lifestyle by Birgit Beumers
Ukraine in Conflict: An Analytical Chronicle by David R. Marples
Kalt erwischt in Hamburg by Cordula Schurig
Brave New World by Aldous Huxley
Lea? Nein danke! by Franz Specht
Shady Characters: The Secret Life of Punctuation, Symbols & Other Typographical Marks by Keith Houston
Liebe bis in den Tod by Christian Baumgarten
Streetwise Russian: Speak and Understand Everyday Russian by Jack Franke
Mord auf dem Golfplatz by Felix & Theo
How to Save Your Planet One Object at a Time by Tara Shine
A Darker Shade of Magic by V.E. Schwab
Sicher ist nur eins by Franz Specht
A Gathering of Shadows by V.E. Schwab
Tödlicher Irrtum by Volker Borbein
A Conjuring of Light by V.E. Schwab
Siegfrieds Tod by Franz Specht
The Secret Life of Bees by Sue Monk Kidd
Tatort Frankfurt by Felix & Theo
Mrs. Dalloway by Virginia Woolf
Tod in der Oper by Volker Borbein
Children of Blood and Bone by Tomi Adeyemi
Tödlicher Cocktail by Volker Borbein
Children of Virtue and Vengeance by Tomi Adeyemi
Till Eulenspiegel byErich Kästner
My Fourth Time, We Drowned by Sally Hayden
Flame in the Mist by Renée Ahdieh
Tödlicher Schnee by Felix & Theo
I Am Malala: The Story of the Girl Who Stood Up for Education and Was Shot by the Taliban by Malala Yousafzai
I’m tagging @guillemelgat and @tealingual (if they want to) :)
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RBI Governor Raghuram Rajan's Vision for India's Workforce
Raghuram Rajan, the former RBI governor, recently talked about how India is missing out on the benefits of its young population, known as the demographic dividend. He explained that this demographic dividend happens when a large proportion of the population is of working age, leading to potential economic growth.
However, Rajan pointed out that India's current economic growth rate of around 6% is not as high as it could be, especially compared to China and Korea when they were going through their demographic dividends. He mentioned that this lower growth is because many young people in India are not getting the jobs they need to contribute to the economy.
To make the most of India's demographic dividend, Rajan suggested two key things. First, he said that we need to improve the skills of young people so that they can do the jobs that are available. Second, he suggested that we need to create more jobs, especially in sectors where there is a lot of potential for growth.
Rajan also talked about how some government policies, like subsidies for chip manufacturing, might not be the best way to create jobs. Instead, he suggested focusing on industries like leather, which can create a lot of jobs.
In conclusion, Rajan emphasized the importance of creating more opportunities for young people in India. He said that if we can improve their skills and create more jobs, we can make sure that India's young population becomes a driving force for economic growth.
#reservebankofindia#rbigovernor#indian government#indian economy#economic growth#government policies
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Why isn't Raghuram Rajan not convinced about India's growth? Here's what Arvind Panagariya had to say
Why isn’t Raghuram Rajan not convinced about India’s growth? Here’s what Arvind Panagariya had to say
A sharp divergence in the growth rates based on GDP and Gross Value Added (GVA) led to some economists saying GDP may have been ‘overstated’.
16th Finance Commission Chairperson Arvind Panagariya panned theories that India’s surprise surge in economic growth to above 8% last quarter was…
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#art of life#art of living#godshiva❤#godshivaarmy#godslove#happiness#goldenage#kalpavriksh#bliss#children#father#fatherslove#rajayogatamil#raghuram rajan#rajayogameditation#rajayogamemes#rajayoga#brahmakamal#brahmakumaris
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El peligro de olvidar la crisis bancaria de 2023... En esencia, el Tesoro se ocupó de evitar una corrida bancaria, mientras la Fed proveía a los bancos fondos para hacer frente a la retirada de fondos... a nadie parece preocuparle demasiado la magnitud de la intervención que fue necesaria para rescatar a los bancos pequeños, ni ha habido una investigación más amplia de las circunstancias que condujeron a la aparición de estas vulnerabilidades... las autoridades han mostrado una vez más que están dispuestas a rescatar a los actores del mercado si son muchos los que han asumido el mismo riesgo. Ya bastante malo era aquello de «demasiado grande para quebrar», ahora tenemos «demasiados para quebrar»... No es bueno para el capitalismo que quienes asumen riesgos a sabiendas (en este caso, banqueros y depositantes no asegurados) no paguen ningún precio cuando el riesgo se materializa... La minicrisis de marzo de 2023 fue mucho más que una mera nota al pie en la historia de los bancos. No podemos darnos el lujo de olvidarla (Raghuram G. Rajan)
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2015-16 Marshall Lecture Day 2 - Professor Raghuram Rajan
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