Business Today readers' the feedback on the magazine's coverage
Business Today readers share the feedback on the magazine's coverage -
Business Today readers share the feedback on the magazine's coverage -
The Real Rajan
The cover story His Own Man (November 24), together with the interview given by RBI Governor Raghuram Rajan has clearly portrayed the real Rajan. It is comforting to find that Rajan remains as forthright in expressing his views after taking over as governor as he was when he wrote his book Fault Lines. Those who have read Fault Lines will not be surprised by his approach. The finance minister, who before Rajan, had appointed D. Subbarao hoping to have a submissive RBI governor, was soon disappointed. He is likely to be second time unlucky with Rajan. We are lucky to have institutions like the RBI which, in terms of work ethic and independent functioning, can match the best in the world. - M.G. Warrier, Mumbai
If Only
Like the title of the Rudyard Kipling poem "If", quoted by Raghuram Rajan in his maiden speech after taking charge as governor of the RBI (His Own Man, November 24), there are many ifs connected with his role as well. Rajan has the intelligence, the academic background, the skill sets and the grit to see the country out of its current morass, but only if he is given a free hand to tweak interest rates; if he is not targeted personally; if he gets the required support from his team mates; if he is allowed to complete his tenure of three years; if he is not blindly opposed every time he throws a new dice (such as allowing foreign banks to acquire local lenders); if he is not made a scapegoat for the follies of our political and economic system. Thus the Kipling poem which concludes the report is not really an apt analogy. Rajan is a man, not a machine. - J.S. Broca, New Delhi
Bania Power
The feature on the Bania community (The More Things Change, November 24) was interesting. Though small in size, this community is one of the richest in the country. The way it has acquired an iron grip over e-commerce in India is truly amazing. It just shows that enterpreneurship runs in the community's veins and it can adjust to the demands of the times. Its ability to take bold decisions is praiseworthy. - Abhinav P., New Delhi
Corrections
The story V-sign for Video (Nov 24 issue) quotes Amit Marwah, Chief Technology Officer at NSN, as saying: "3G consumes four times the spectrum of what normal data usage takes." What Marwah actually said was: "An average 3G subscriber consumes mobile data four times that of a normal 2G data user." Marwah's name was also misspelt.
The story Going off the Rails (Sept 29 issue) said Mumbai Metro One Pvt Ltd, a company tasked with building, running and maintaining a metro transport in Mumbai and owned by Reliance Infrastructure, had told the Maharashtra government in August 2013 that a fare hike was required in the project. A Reliance Infrastructure spokesman has clarified that the first letter in this regard to Mumbai Metro- politan Region Development Auth- ority was written in February 2012. We regret the errors.
From www.facebook.com/BusinessToday
Rupee continues to slide further against dollar: It seems that Chidambaram's damage is more visible than Rajan's remedial measures. - Jagadeeswara Prasad Koduru Usha Ananthasubramanian has been appointed CMD of Bharatiya Mahila Bank. But what is the need for a women's bank?. - K. Chakravarthy
Salaries in India expected to rise 11 per cent in 2014. I foresee expectational inflation in the near future. - Nilanga Prasannaka
(Send all your comments to editor.bt@intoday.com)
The Real Rajan
The cover story His Own Man (November 24), together with the interview given by RBI Governor Raghuram Rajan has clearly portrayed the real Rajan. It is comforting to find that Rajan remains as forthright in expressing his views after taking over as governor as he was when he wrote his book Fault Lines. Those who have read Fault Lines will not be surprised by his approach. The finance minister, who before Rajan, had appointed D. Subbarao hoping to have a submissive RBI governor, was soon disappointed. He is likely to be second time unlucky with Rajan. We are lucky to have institutions like the RBI which, in terms of work ethic and independent functioning, can match the best in the world. - M.G. Warrier, Mumbai
If Only
Like the title of the Rudyard Kipling poem "If", quoted by Raghuram Rajan in his maiden speech after taking charge as governor of the RBI (His Own Man, November 24), there are many ifs connected with his role as well. Rajan has the intelligence, the academic background, the skill sets and the grit to see the country out of its current morass, but only if he is given a free hand to tweak interest rates; if he is not targeted personally; if he gets the required support from his team mates; if he is allowed to complete his tenure of three years; if he is not blindly opposed every time he throws a new dice (such as allowing foreign banks to acquire local lenders); if he is not made a scapegoat for the follies of our political and economic system. Thus the Kipling poem which concludes the report is not really an apt analogy. Rajan is a man, not a machine. - J.S. Broca, New Delhi
Bania Power
The feature on the Bania community (The More Things Change, November 24) was interesting. Though small in size, this community is one of the richest in the country. The way it has acquired an iron grip over e-commerce in India is truly amazing. It just shows that enterpreneurship runs in the community's veins and it can adjust to the demands of the times. Its ability to take bold decisions is praiseworthy. - Abhinav P., New Delhi
Corrections
The story V-sign for Video (Nov 24 issue) quotes Amit Marwah, Chief Technology Officer at NSN, as saying: "3G consumes four times the spectrum of what normal data usage takes." What Marwah actually said was: "An average 3G subscriber consumes mobile data four times that of a normal 2G data user." Marwah's name was also misspelt.
The story Going off the Rails (Sept 29 issue) said Mumbai Metro One Pvt Ltd, a company tasked with building, running and maintaining a metro transport in Mumbai and owned by Reliance Infrastructure, had told the Maharashtra government in August 2013 that a fare hike was required in the project. A Reliance Infrastructure spokesman has clarified that the first letter in this regard to Mumbai Metro- politan Region Development Auth- ority was written in February 2012. We regret the errors.
From www.facebook.com/BusinessToday
Rupee continues to slide further against dollar: It seems that Chidambaram's damage is more visible than Rajan's remedial measures. - Jagadeeswara Prasad Koduru Usha Ananthasubramanian has been appointed CMD of Bharatiya Mahila Bank. But what is the need for a women's bank?. - K. Chakravarthy
Salaries in India expected to rise 11 per cent in 2014. I foresee expectational inflation in the near future. - Nilanga Prasannaka
(Send all your comments to editor.bt@intoday.com)
