Eagerly awaited on Monday is this year’s Nobel Prize in economics. Guessing the Nobel Prize winner is an old but tough game. Rajan presented his paper, 'Has Financial Development Made the World Riskier', which was not received well. Many economists regretted not paying enough attention to Rajan in 2005.Rajan's entry into the list of dozens of names does not mean he is a front-runner. He later revealed he had severe differences with the government over several issues including demonetisation which he has criticised fiercely.

Source: Economic Times October 07, 2017 09:56 UTC