Why did students have to leave India to get a medical degree: Rajan

Amid evacuation of medical students from war-torn Ukrainem, the former RBI governor asks why India is not able to retain its 'human capital'

Former Reserve Bank of India (RBI) Governor Raghuram Rajan predicted in a TV interview that the Russia-Ukraine conflict will compound the already-high level of inflation being seen around the world. He said the war will increase inflation around the world, including India, and slow down the world economy. Russia is not a large player in the global economic scene, but it plays a significant role in global critical supply chains, said the Professor of Finance at the University of Chicago Booth School of Business in an interview with CNBC TV-18.

When asked if high inflation is likely to persist, Rajan said,