Page 2 - Ashima Goyal

TMS Ep282: Tata's aviation, Q&A with Ashima Goyal, SME IPOs, lock-in period

What does the merger of Vistara and Air India mean for Tatas? What is RBI MPC member Ashima Goyal's take on rate hikes? Should you be wary of SME IPOs? What is lock-in period? Answers here

What is the future course of action as per RBI MPC member Ashima Goyal?

Ashima Goyal was the only dissenting Monetary Policy Committee member who pitched for 35 basis point rate hike while RBI raised rates by 50 points. Business Standard's Bhaskar Dutta caught up with her

India's real rate shouldn't be more than 1%: MPC member Ashima Goyal

In a Q&A, she says the interest differential with US does not matter so much because India has caps on interest sensitive inflows. Overseas investment is a very low share of the country's debt market

Pace of rate hikes by RBI should be calibrated from here on: Ashima Goyal

"We need to be very careful that growth is not snuffed out and we don't go into another decade of slowdown," Goyal told Reuters in an interview on Tuesday.

RBI's policy decisions been in right direction, says Ashima Goyal

Headline retail inflation was at 6.71% in July; it was the first time in four months that the price gauge printed below 7%

Lesser rate hikes will be needed if CPI falls below forecasts: Ashima Goyal

Liquidity should be in surplus as long as Fed's quantitative tightening continues

Must inform voters about financial implications of freebies: Ashima Goyal

Freebies are never 'free' and when political parties offer such schemes, they must be required to make the financing and trade-offs clear to voters, RBI Monetary Policy Committee (MPC) Member Ashima Goyal said on Sunday, adding this would reduce the temptation towards "competitive populism". Goyal further said a cost is imposed somewhere when governments provide freebies, but this is worth incurring for public goods and services that build capacity. "Freebies are never free... specially harmful are subsidies that distort prices," she told PTI in an interview. Noting that this hurts production and resource allocation and imposes large indirect costs, such as the water table falling in Punjab due to free electricity, Goyal said such freebies come at the cost of low quality health, education, air and water that hurt poor the most. "When parties offer schemes they must be required to make the financing and such trade-offs clear to voters. This would reduce the temptation towards ...

RBI aim is to not have over-tightening or over-stimulus: MPC's Ashima Goyal

Central bank has to target inflation but with 'awareness of nuances',' she says in interview.

'RBI rate hike was moderate as CRR was also raised': Ashima Goyal

Monetary policy committee says decision to cut repo rate was at the correct time.

MPC members argued for front-loading rate hikes in view of inflation

External member Jayanth Varma said 100 bps rate hike required 'very soon'

Indian economy progressing well; high oil prices pose risks: Ashima Goyal

India's economic recovery from Covid is progressing well and the trajectory will continue but persistently high oil prices can play spoilsport, economist Ashima Goyal said

India's macroeconomy more healthy, ready for faster growth: Ashima Goyal

Notwithstanding the pandemic severe shock, India's macroeconomy is more healthy and ready for faster growth, eminent economist Ashima Goyal said on Sunday

RBI can pare excess liquidity even if stance is accommodative: Ashima Goyal

In a Q&A, Goyal, a member of RBI's Monetary Policy Committee, says reducing excess liquidity is at RBI's discretion and MPC members can only offer advice

Economy will do well once vaccination reaches critical mass: Ashima Goyal

India's economy will do well once vaccination reaches a critical mass as pent up demand, global recovery and easy financial conditions will boost activities, RBI's Monetary Policy Committee (MPC) member Ashima Goyal said on Tuesday. As India battles a "fearsome" second COVID wave, she also said the damage to the economy due to lockdowns is much less and is unlikely to extend beyond the first quarter of the current fiscal. "India has the potential to be a centre of vaccine production and will be able to ramp it up soon. Once vaccination reaches a critical mass, the economy will do well with pent up demand, global recovery and easy financial conditions," she told PTI in an interview. The eminent economist said the current localized reversal of unlocks has successfully bent the curve. "It is less disruptive of supply chains since it is adapted to local conditions and need not go all the way to a full lockdown," Goyal said. Recently, S&P Global Ratings slashed India's GDP growth ...

Economy improving, growth to turn positive in Q3, Q4 of FY21: Ashima Goyal

India's macroeconomic situation is improving fast and the country's GDP growth will turn positive in the third and fourth quarters of the current financial year, eminent economist Ashima Goyal said

EAC-PM member Ashima Goyal calls for MNREGA-like scheme for urban poor

Clarifies views are her own and not those of Advisory Council, as she also calls for greater spending on primary health

Budget 2020 was disappointing for lacking vision, says Ashima Goyal

However, the finance minister has achieved a "balancing act" through her moves, Goyal said

Worst-case scenario is a 0.5% fiscal slippage: Ashima Goyal on tax cut

If towards the end of the year, government finds that the deficit is rising, then they may cut expenditure, Goyal said

Tax buoyancy, growth may help reduce deficit, says Ashima Goyal

Ashima Goyal tells Joydeep Ghosh that the RBI will have to consider a number of factors, including fluctuating commodity prices and revival in investment cycle