General Trading Chat

Wise decision by Raghuram Rajan.With hostile environment he has no need to continue as RBI Gov. He will be more happy in teaching and research and he can easily get 5 times his present salary in a foreign university.

ST
 

iwillwin

Well-Known Member
Brexit k pehle Rexit ho gaya....
Saddened by the fact few Indian are not allowing RR to serve India to fulfill their vested interests....
I read somewhere capitalism will create so much difference in rich and poor that world won't be a place for lower middle class and middle class
 
Expect a series of rate cuts from here on with Mr Rajan gone.Mr Rajan was extremely conservative and correct in not going overboard when inflation was falling off.Also with 3 govt appointed members to vote along with 3 RBI members Mr Rajan would have to use his veto at every meeting to curb over enthusiastic rate cuts as the govt appointed members would cleaarly vote for rate cuts only.
 
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bpr

Well-Known Member
Probably Dr.Raghuram's exit was timed with impending brexit, so that both shocks are absorbed by the markets.
Though I am an avid supporter of this government, but this decision has been disheartening and totally disappointing.
Feeling sad.
Did u know for sure it was govt decision or he left on his own ?

assumptions are dangerous.
 

bpr

Well-Known Member
Even if the government didn't want to offer another term to him, why the hell did it appoint subharamanian swamy to utter so many non sensical words?
It could have been much more subtle.
So you want the govt to control everybodys speech in BJP just like what sonia did for congress.

Did we not have massive debate on freedome of speech recently?

His statement is his own does not make it Govts decision/intent.
 

wisp

Well-Known Member
So you want the govt to control everybodys speech in BJP just like what sonia did for congress.

Did we not have massive debate on freedome of speech recently?

His statement is his own does not make it Govts decision/intent.
well........
 

vivektrader

In persuit of financial independence.
So you want the govt to control everybodys speech in BJP just like what sonia did for congress.

Did we not have massive debate on freedome of speech recently?

His statement is his own does not make it Govts decision/intent.
RBI governor is a post of high esteem, not anybody and everybody has a right to shell out false accusations against him.
In politics most things are said out of a plan, its not freedom of speech to malign somebody's integrity at the end of his tenure, was the accuser sleeping for the last two years?
 

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