'Fragile 5' to 'island of calm': Rajan reign marks India revival

10 hrs 6 min ago
'Fragile 5' to 'island of calm': Rajan reign marks India revival
Two years into the term of Reserve Bank of India (RBI) Governor Raghuram Rajan, the rupee has shrugged off its taper tantrum, inflation is tamed, and India has lifted foreign investment limits to confidently face the Fed's first rate rise since 2006.

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