Economists

Less inequality can push growth, poverty alleviation in India: Piketty

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

Economists expect 25-basis point rate cut by RBI MPC in February meeting

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

Union Budget 2025-26: Economists stress need for manufacturing policy

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

SBI economists see Q2 GDP growth slowing down to 6.5% this fiscal

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 ..

Privatising banks is essential: Arizona State University Economist Mehra

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

RBI's upbeat growth estimates create confusion, concern among economists

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

RBI policy of not allowing crypto is a good approach: Amiyatosh Purnanandam

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

Daron Acemoglu, Simon Johnson, James Robinson win Economics Nobel for 2024

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

India's rise as high-income developed country 'not guaranteed': Gill

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

Coalition govt is good for India, says economist Jagdish Bhagwati

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

UK economy grew more slowly than thought but outlook is improving

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

Fed's Powell set to speak as economists fret about a policy mistake

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

Economists bullish on India, cautious optimism for global recovery: Survey

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,

Economists call on MoSPI to reduce time lag for release of GDP data

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

Economists urge China to ramp up housing rescue package to propel growth

The years-long real estate slump that's wiped out an estimated $18 trillion in wealth from households has been the single biggest challenge faced by the Chinese economy

The Wharton-INSEAD Duo's Epic Quest of building the BlackRock for Investments in India

Taponeel Mukherjee and Poornima Vardhan are Indexing away Indian Investment Landscape using 75,000 hours of research & 12,000 primary data points.

Who has won the inflation debate - Team Transitory or Team Permanent?

The rift between those who said inflation was transient and those who thought it permanent partly reflected differences over what caused prices to rise in the first place

Budget 2024 is an economists' Budget, says Citigroup MD Samiran Chakraborty

Focus of Budget 2024 is not restricted to railways, defence and infra, but expands to manufacturing and employment to aid human capital growth, said Citigroup MD at 'Budget with BS: The Fine Print'

China's leaders vow to step up policy support for boosting economy

"Macro policies should be strengthened persistently and become more forceful," the Poliburo added, according to the official Xinhua news agency

Budget 2024: Need to think big and do big as incremental approach won't do

The government's lethargic approach of responding to every challenge through a "scheme" is getting tiring