Economists

India's economy is growing, but seizing its full potential means spurring corporate investment, tackling judicial delays and ensuring inclusive growth, said panelists on the first day of BS Manthan

He currently serves as the Reserve Bank of India (RBI) Chair Professor at IEG and is a member of the Ministry of Statistics and Programme Implementation's (Mospi) Committee on Regional Accounts

Ahluwalia added that creating newer cities in existing states is riddled with challenges that are both political and economic

Singh also had his pre-proposed ideas; what was in the textbook or his experience. But he opened the door; because he had an openness of thought, driven by his commitment to change

Say durable liquidity infusion needed to reinvigorate economy; bank CEOs to meet RBI officials today

India's economic growth slowed more sharply than anticipated in the July-September period of FY25, dropping to a seven-quarter low of 5.4 per cent

Piketty advocated a wealth tax on Indian billionaires to finance social infrastructure

Nomura economists have suggested that they expect a 25 bps rate cut in February, marking a belated policy pivot, and 100 bps in total cuts in this easing cycle

Call for reining in food inflation and raising investment in pre-Budget talks

Economists at the country's largest lender SBI on Wednesday said they see Q2 real GDP growth slowing down further to 6.5 per cent in the September quarter of this fiscal year. Amid concerns over the country's economic growth rate and if it is slowing down, the analysts said they expect FY25 growth to come "closer to" 7 per cent. It can be noted that the April-June period saw the real GDP expanding by 6.7 per cent, the lowest in 15 quarters. This led to a slew of analysts revising their expectations on growth to below 7 per cent for the fiscal and some also wonder if India is in a cyclical growth slowdown. "There is some incipient pressure evident on the domestic economy. Basis our analysis of 50 meaningful leading indicators (both consumption as also demand centric), a dip looks plausible across select cohorts of agri, industry and services in Q2," the SBI economists said. It said aggregate demand continued to grow albeit with a slower momentum than in the preceding quarters and ..

Mehra said that the bureaucracy is not going to voluntarily do anything that diminishes its influence

The central bank has stuck to its forecast that India's economy will expand 7.2 per cent in the year ending March 2025

He said that the government needs to incentivize good long term risk taking by banks to push private investments

Nobel Prize 2024 in Economic Sciences: Acemoglu, Johnson, and Robinson's research delves into the formations of different political and economic institutions and how they affect a nation's prosperity

Gill noted that there were only 34 countries which transitioned from a middle-income to a high-income country in the period between 1990-2023, he says

Bhagwati spoke on a wide range of issues, including trade protectionism, India's ambition to become a developed country, the middle-income trap, the demographic dividend

Prime Minister Keir Starmer, whose Labour Party won power in July, is seeking to speed up economic growth

Powell is scheduled to address the association at 12:55 p.m

A majority of chief economists have shown a cautious optimism about the global economy with India's robust performance making South Asia the best performer worldwide, a survey showed on Wednesday. "Easing inflation and strong global commerce are fuelling cautious optimism for recovery but elevated debt levels are becoming a growing concern in both advanced and developing economies," the World Economic Forum said in its latest Chief Economists Outlook. The report, based on a survey of leading chief economists from across the world, highlighted that debt levels and fiscal challenges are placing significant pressure on economies worldwide leaving them vulnerable to future crises. A growing concern is a potential fiscal squeeze, where rising debt-servicing costs limit governments to invest in essential sectors such as infrastructure, education and healthcare. In developing economies, 39 per cent of economists expect an increase in defaults over the next year, the WEF said. Regionwise,

Nilesh Shah, Member, EAC-PM, MD Kotak Mahindra Asset Management Company Ltd suggested that MoSPI should look for avenues of improvement to ensure data accuracy and reduce time lag of release