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Madan SabnavisThe Hindu |
The Fed has become the anchor for the entire ecosystem of central banks; and while the stance is that decisions taken are based on domestic...
An issue that has been nagging policy makers is the revival of the investment cycle. While the central government has been meeting its target on capex...
In five of the last 10 years, food inflation has been above 6%
News of a normal monsoon, though positive, may not bring real cheer from the point of view of the economy. There are several other elements that have...
While the economy will do well for sure, one must be prepared for a correction which can come on account of vagaries of monsoon or lower earnings by...
The Indian central bank has worked through different eras of ideology and governments
The creaking infrastructure of cities gets exposed as they become even more vulnerable. Water scarcity is one of the several problems that emerge
Per capita income is not an accurate measure of a country’s growth and income status, as indicated by India’s lower middle-income status...
Signing of these free trade agreements can be considered as work in progress towards making India a strong global economic power
Starting from a point of strength one can see the path for FY25 being fairly clear. In the absence of an adverse monsoon and global commodity prices...
The GDP growth figure stands as one of the most crucial indicators of economic performance, despite the inherent limitations of the concept. This is...
The MSP system needs a significant overhaul. Some ways to do so include shifting agriculture to states and farmers being represented on commodity...
Today, besides rice and wheat, for other crops the MSP sets benchmarks in the market at times and hence can elevate prices even if supplies are good,...
Religious tourism has greater significance in India as faith brings in more visitors than leisure travellers
The major takeaway is that citizens as customers are always put to a lot of inconvenience by some authority or the other. There is always a...
There is reason to be sanguine on the revenue side.
What happens to pricing of deposits and credit? From the point of view of savers the present regime may be considered to be best
There is a definite air of optimism as we begin 2024; almost every economic parameter looks better than last year. It can be said with confidence that...
2024 will be a critical year for India. The national elections will be held in April-May. Its results will be closely watched as the outcome will...
It is not surprising that China and India will both dominate the stage mainly due to the size of their populations. Given the population dynamics,...
The Nobel-winning economist had his finger on the right switch when he propounded his theory of growth being ultimately tied to technology
It has been seen that over time, households are becoming savvier when it comes to dealing with their savings. There has been a tendency to move to...
What matters for growth in any economy is real GDP growth which is expected to be 6.5% this year. Nominal GDP does not indicate the same because high...
The second quarter of a financial year generally tends to be a relatively stable period. The reason is that this is the pre-harvest time, and while...
While critics may like to pontificate on how governments should draw their budgets, the truth is that they work for the people and hence cannot be...
The majority view on the Old Pension Scheme (OPS), at least in opinion spaces, is that it’s detrimental to public finances. Simply put, the OPS,...
Consumer demand has been one of the missing links in the India growth story and it is not surprising that the progress on this front in the period -...
The ruling governments already have buffered in certain expenses on various schemes that appeal to the masses which are there in the Budget
Come October, it is time for optimism as we enter India’s festive-cum-harvest season. The former actually begins in September and lasts till...
In a democracy, people vote political parties to office. The party or coalition that crosses the halfway mark forms the government and decides on...
Any blockades on the shipping routes (Strait of Hormuz) can upset the oil cart and make transport more expensive besides pushing up insurance costs
Claudia Goldin’s work that earned her the Economics Nobel Prize is quite ironical. The subject is women in labour markets and gender equality. The...
Agricultural policies in India are probably the most complex. Political economy considerations often play a major role. While there has always been...
Just as FPI flows have boosted the stock market as well as flow of foreign exchange, there are good chances of withdrawals too which can spook the...
The Reserve Bank of India’s (RBI) latest data on household financial savings has generated a lot of interest. India’s gross financial savings rate...
Like the G20 meet, group meetings are necessary to keep conversations alive in a multi-polar world where every country looks for self-enhancement
The Reserve Bank of India (RBI) has always maintained that it has several instruments at hand to address issues relating to monetary conditions. While...