BT At WEF 2023: Raghuram Rajan at Davos On Interest Rate Hikes, Crypto, Bharat Jodo Yatra, Rahul Gandhi

Raghuram Rajan on
desirable inflation rate

Interacting with India Today and Aaj Tak News Director Rahul Kanwal at Business Today’s Davos Brainstorm, former RBI Governor Raghuram Rajan said that if inflation is at 4 per cent, which is the mid point range, people don't bother about it too much

WEF 2023: India's
growth trajectory

Talking about India's growth story, Raghuram Rajan said that India's growth this fiscal year has been spectacular at 7% but it is important to look at details of that growth to feel comfortable

India's post pandemic

Raghuram Rajan highlighted that India grew fairly fast in the early part of the year rebounding from the slow growth as a result of the pandemic

Davos 2023: Current
growth rate "worrying

On the sidelines of the World Economic Forum 2023, Raghuram Rajan also pointed out that in the later part of the fiscal, India's growth rate slowed down to about 5 per cent, which he called a "worrying issue"

'Can't be complacent' 

"Going forward, 5 per cent rate may be even less because of the effects of slowing global economy. We can't be complacent," Raghuram Rajan said at on the sidelines of WEF 2023 in Davos

Raghuram Rajan at
WEF 2023

Highlighting the importance of a baseline while comparing data with other countries, Raghuram Rajan said that from 2019 to 2022, India has grown 2.5 per cent a year

2019 vs 2022: Where
does India stand?

"If you look at India, it is 7 per cent below the base line according to JP Morgan. We haven't gone back to where we were," said Raghuram Rajan at Davos

WEF 2023: Raghuram
Rajan on interest
rates hike

Raghuram Rajan said that interest rates hikes are going to be higher globally for longer than market expects and therefore it is going to be very hard for an emerging market to be out of sync

Raghuram Rajan on
Pakistan economy

When Rahul Kanwal asked whether Pakistan is on the way to become Sri Lanka, Raghuram Rajan said that it depends on how much money does it get both from the IMF and the Middle East 

Raghuram Rajan on
Rahul Gandhi

Talking about Rahul Gandhi, the former RBI Governor said that Congress leader Rahul Gandhi is a “smart man” and that his “pappu” image was unfortunate. “He is a smart, young, curious man,” added Raghuram Rajan

Raghuram Rajan's
take on crypto

In a media interview during WEF 2023, Raghuram Rajan said that the collapse in prices of digital assets over last year will allow investors to focus on the ‘true value’ of this technology

Davos 2023: Rajan
on crypto sector

"The idea that somehow cryptos are going to maintain value, while the fiat currencies collapse. That's nonsense," said Raghuram Rajan

Business Today's Davos Brainstorm: 'Working on Made-in-India EV like Tesla'- JSW's Sajjan Jindal at WEF 2023

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