In his first two months in office, RBI chief Raghuram Rajan has asserted his independence. Although the govt would have preferred a reduction in interest rates to boost the slowing economy, Rajan has instead raised the main lending rate twice to tame inflationary expectations.
Rates have been raised twice as Raghuram Rajan stands, somewhat like the mythical
Dutch boy who stands with his finger in the dike, between his
townspeople and the terrifying seawater beyond. Senior Editor Anand
Adhikari writes about this grim struggle in our cover story.
The fourth edition of this comprehensive work includes a fresh chapter on digital media
Starring: Edward Nusbaum, Charles Villoz, Rajnish Ohri, Amar Hanspal and Prabir Jha
The digital entertainment company, set up in 2011 by Sharad Devarajan along with fellow Indian-American entrepreneurs Gotham Chopra and Suresh Seetharaman, is telling stories about Indian superheroes with a contemporary twist.