Monday, September 9, 2013

New India central bank chief may face short honeymoon

NEW DELHI, September 8- The euphoria which greeted new central bank governor Raghuram Rajan has been unprecedented in India’s normally sober financial world but the honeymoon may be shortlived. Analysts say it is a mistake to believe the suave star economist, whose first day on the job last week one financial daily likened to the “central banking equivalent of a blockbuster movie opening,” is a miracle man who can rescue India’s ailing economy.............

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