IMF’s new Chief Economist Gita Gopinath had slammed demonetisation
New Delhi, Oct 03: Academic Gita Gopinath, who has been appointed Chief Economist of the IMF, had castigated the Modi government for demonetisation.
Academic and economic adviser to the Kerala government, Gita Gopinath, was on Monday, October 1 appointed as Director of the International Monetary Fund's Research Department.
Gopinath, who received her MA degree from the Delhi School of Economics and Bachelors from Lady Shri Ram College in New Delhi, is the John Zwaanstra Professor of International Studies and Economics at Harvard University. She is concurrently the economic adviser to the Chief Minister of Kerala and, according to her bio at Harvard, was appointed in 2016 to the honorary position with the rank of principal secretary.
The director of the IMF's Research Department oversees the World Economic Outlook Report that is considered a major survey of the global economy, as well as several other reports and research projects that determine the financial and economic statuses of countries.
IMF’s Managing Director Christine Lagarde called Gopinath "an outstanding economist with impeccable academic credentials, a proven track record of intellectual leadership and extensive international experience,” when announcing the appointment on Twitter. "All this makes her exceptionally well-placed to lead our Research Department at this important juncture. I am delighted to name such a talented figure as our Chief Economist," said Lagarde.
Courtesy: www.nationalheraldindia.com
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ED searches Empuraan producer Gopalan's chit fund firm in FEMA case
New Delhi (PTI): The Enforcement Directorate on Friday conducted searches at the chit fund company premises of Kerala-based businessman Gokulam Gopalan, one of the producers of the movie "L2: Empuraan", as part of an alleged Rs 1,000 crore foreign exchange violation case, official sources said.
The searches are being undertaken at five premises in various states, including in Chennai (Tamil Nadu) and Kochi (Kerala), under the provisions of the Foreign Exchange Management Act (FEMA), the sources said.
The action is being undertaken against Gopalan and his company Sree Gopalan chit and Finance Co. Ltd. for alleged FEMA violations of Rs 1,000 crore with certain NRIs and some related "unauthorised" transactions, the sources.
The agency is also understood to be analysing some "cheating" cases against the company for possible investigation under the anti-money laundering law.
"L2: Empuraan", the second part of the "Lucifer" movie, a trilogy planned by the Prithviraj-Mohanlal team, has become a topic of hot debate over its critique of right-wing politics and the covert mention of the Gujarat riots.
Mohanlal recently expressed regret over the raging row and assured that the controversial portions would be removed from the movie.
