August 7, 2013

BUSINESS

new RBI governor: Raghuram Rajan

At 50, economist Raghuram Govind Rajan will become one of the youngest governors of the Reserve Bank of India (RBI), when he takes charge on September 5.
But the man who famously predicted the 2008 global financial crisis takes over from D Subbarao at a time when the economy is beset with spiralling inflation and a falling rupee.
We take a look at Rajan's career and the tasks that lie ahead of him.

Hyundai to stir up mass market with new launches

 Hyundai Motor India, the second-largest car manufacturer in the country, is beefing up its small car portfolio with a slew of new models to take on market leader Maruti Suzuki.

The company is planning to launch new Eon 1.1 litre, which will be pitted against Maruti’s Alto K10. 

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