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Rakesh Mohan is president emeritus and distinguished fellow, CSEP, and member of the Economic Advisory Council to the Prime Minister. Prior to joining CSEP, he was Senior Fellow at the Jackson Institute for Global Affairs, Yale University, as well as Professor in the Practice of International Economics and Finance at the School of Management at Yale University. He has a B.Sc. (Engg) from the Imperial College of Science and Technology, University of London (1969), a B.A. from Yale University (1971), and an M.A. and Ph.D in economics from Princeton University.
Rakesh Mohan is president emeritus and distinguished fellow, CSEP, and member of the Economic Advisory Council to the Prime Minister. Prior to joining CSEP, he was Senior Fellow at the Jackson Institute for Global Affairs, Yale University, as well as Professor in the Practice of International Economics and Finance at the School of Management at Yale University. He has a B.Sc. (Engg) from the Imperial College of Science and Technology, University of London (1969), a B.A. from Yale University (1971), and an M.A. and Ph.D in economics from Princeton University.
Recent studies have estimated climate finance requirements of EMDEs at $1-4 trillion per year up to 2030, which is seen as daunting, leading to even less action than might have been possible
The India-UK trade deal is a balanced and comprehensive agreement expected to create millions of jobs and open vast opportunities for bilateral trade and investment, benefiting both nations
India's trade with the Arab world has already surpassed an all-time high of $240 billion a year
For India to attain high-income status by 2047, it must urgently prioritise trade as the primary driver for achieving accelerated growth
Since 2013-14, Indo-US bilateral merchandise trade doubled to $131 billion in 2022
The US is also the biggest FDI investor in India in terms of equity, as per the Reserve Bank of India's (RBI's) latest FDI data, with Rs 8.1 crore, accounting for 16.9 per cent share in 2022
The way forward for banking in India: Further issues
Ownership of banks by corporate or industrial groups: What is the need?
Basic principles and international practice suggest that opening the door to the ownership of banks in India by large corporate/industrial houses should be done, if at all, with utmost caution