Finance & economics | Raghuram Rajan joins the RBI

Into the pressure cooker

Take one famous economist. Put him in charge of an emerging-market central bank. Bring to the boil

|MUMBAI

YOU can tell Raghuram Rajan has become important in India because government bigshots ring him up to ask where the rupee is trading. You can tell Mr Rajan is worried that India is in a tight spot because he answers to a decimal place without checking his BlackBerry or computer.

This article appeared in the Finance & economics section of the print edition under the headline “Into the pressure cooker”

Fight this war, not the last one

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