Instead of the average growth of 7 per cent that the official data shows in the period between 2011-12 and 2016-17, Arvind Subramanian's estimate is a meagre 4.5 per cent
Its statement reinforces the market's belief that fiscal policy would become more expansionary under the Trump administration and inflation would harden in 2017
OPEC's move to cut output has pushed up oil prices. From here it could go either way: oil could reach $100/barrel or an analysis of demand and supply might follow
With Fed set to raise rates, Bank of Japan waffling and European Central Bank in an introspective mood, the end of super-easy money policy might happen soon