Eminent economist S Mahendra Dev has been appointed as the new chairman of the Economic Advisory Council to the Prime Minister (EAC-PM), succeeding Bibek Debroy. Dev, renowned for his work in agricultural and developmental economics, brings decades of academic and policy experience to the position. The appointment is expected to influence India's economic policy direction, especially amid evolving economic challenges.

Michael Weber, a globally recognized economist renowned for his work on household finance and macroeconomic expectations, has been awarded the eminent Alexander von Humboldt Professorship and is set to join ESMT Berlin. This marks a milestone for ESMT, as it becomes the first German business school to receive this prestigious research honor. 

Laura Alfaro, renowned Harvard Business School professor, has been appointed as the new Chief Economist and Economic Counselor for the Inter-American Development Bank, marking a significant milestone in economic leadership for Latin America and the Caribbean.