Raghuram Rajan has to take some tough calls

September 05, 2013 10:35

The markets may be cheering Raghuram Rajan, the new governor of the Reserve Bank of India, but the former IMF chief economist has an unenviable job ahead.

Faced with the task of taking some tough decisions to rescue the economy, the former chief economic adviser to Prime Minister Manmohan Singh may have to take some unpopular decisions.

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