Krishnamurthy Subramanian has been appointed as the new Chief Economic Advisor (CEA) for the period of three years. A PhD from Chicago-Booth and a top-ranking IIT-IIM alumnus, Krishnamurthy Subramanian is one of the world’s leading experts in banking, corporate governance and economic policy. Subramanian currently teaches at the Indian School[Read More…]
Tag: Chief Economic Advisor
Arvind Subramanian to continue as CEA for another year
Finance minister, Arun Jaitley, on Saturday extended the tenure of Chief Economic Advisor, Arvind Subramanian, for another year. His term was supposed to end in October. Subramanian took over as CEA on 16 October 2014 for a period of three years. Now, his term will end in October next year.[Read More…]
Reserve Bank of India cuts down interest rate to 6%
The Reserve Bank of India (RBI) has reduced the key policy rate or the repo rate by 25 Basis Points (bps) to 6% in its third monetary policy review on Wednesday, as retail inflation softened. This is the second rate cut by the Monetary Policy Committee (MPC) since its inception in[Read More…]