Related News

NASA’s Jet Propulsion Laboratory recently reached a significant achievement in space travel technology. They successfully tested a lithium-fed magnetoplasmadynamic (MPD) thruster, establishing a domestic power milestone for power output in

While staying at the Imperial Hotel in Tokyo during a lecture tour, Albert Einstein found himself in an awkward situation. A hotel bellboy had delivered a message to his room,

Have you ever wondered why rockets eventually tilt themselves after launch? Most people assume a rocket’s goal is to fly as high as possible, but ‘up’ is only the first

The Sombrero galaxy and its glowing halo of stars have never looked this good. The US National Science Foundation’s NOIRLab released the latest photo of the popular hat-shaped galaxy on

Researchers in China have discovered the 11th new lunar mineral, ‘Cerium–Magnesium Changesite,’ from the first Moon meteorites recovered in China. This important advancement, announced by the China Geological Survey, represents

China’s space mission (AP image) China has selected two Pakistani astronauts as candidates for its space programme, according to the state’s Manned Space Agency.In a statement issued on Wednesday, the

Trending News

In today’s digital age, the opportunity to make money online without any initial investment is more accessible than ever before. Whether you’re a student looking to earn some pocket money,

In today’s digital world, make money online has become a dream many want to turn into reality. Whether you’re looking for a side hustle or aiming to build a full-time

JSW Cement, the building materials arm of Sajjan Jindal-led JSW Group, has reduced the size of its upcoming initial public offering (IPO) to Rs 3,600 crore and will open the

The agricultural Gross Value Added (GVA) growth is expected to moderate to 4.5% in the first quarter of FY26, down from 5.4% in the preceding quarter, according to a report

Foreign portfolio investors (FPIs) turned net sellers in the Indian equity market in July, pulling out Rs 17,741 crore amid rising global trade tensions. According to data from NSDL, this

Avenue Capital Group-backed Asset Reconstruction Company (India) Ltd (ARCIL) has filed its draft red herring prospectus (DRHP) with markets regulator Sebi on Friday to raise funds through an initial public

New IMF executive director: Urjit Patel appointed for three years; succeeds Dr Krishnamurthy Subramanian

Word Count: 538 | Estimated Reading Time: 3 minutes


New IMF executive director: Urjit Patel appointed for three years; succeeds Dr Krishnamurthy Subramanian

Dr Urjit Patel, the former Reserve Bank of India governor, has been appointed Executive Director (ED) representing India at the International Monetary Fund after the Centre’s approval for a three-year tenure.“The Appointments Committee of the Cabinet has approved the appointment of Dr. Urjit Patel, Economist and Former RBI Governor, to the post of Executive Director (ED) at the International Monetary Fund, for a period of three years with effect from the date of assumption of charge of the post, or until further orders, whichever is earlier,” said the government in a press release.Dr Patel had assumed the role, in 2016, of the RBI’s 24th governor after Raghuram Rajan. His tenure was notably brief, as he became the first RBI governor since 1992 to step down citing personal reasons in 2018.Before his post as RBI governor, he served in the capacity of deputy governor at the central bank, where his responsibilities encompassed monetary policy, economic policy research, statistics and information management, deposit insurance, communication and Right to Information.The appointment comes months after government removed Dr Krishnamurthy Subramanian from the post in May, six months before his tenure was supposed to end.





Source link

Most Popular Articles