India News : Mumbai: Internationally renowned economist Raghuram Rajan will take over as RBI Governor today and plunge straight into a fire-fight situation as the country battles a rapid fall in rupee, high inflation, low growth and burgeoning current account deficit (CAD).

50-year-old Rajan, a former chief economist with the International Monetary Fund (IMF) who was economic advisor to the finance ministry, will takeover a difficult assignment from Duvvuri Subbarao on his completing five years in Mint Road.


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