India: Slowing economic growth, rising unemployment

‘India’s unemployment crisis unprecedented; government spending only way out.’

Not coming up with a large fiscal stimulus was a mistake that led to a fall in economic growth rate and rise in unemployment levels. Read more »
Indian economy

Monetary policy: Growth, jobs bigger concerns than inflation

RBI's monetary policy committee should consider a 25 basis points cut in repo rate as the economy is on the verge of Covid-19 third wave. Read more »
RBI monetary policy review

Monetary policy must keep rates unchanged, cut growth forecast

The monetary policy amid a major shock like the second wave of Covid-19 can afford to look through some inflationary impulses to support economic growth. Read more »
Four years of GST

Worst over; GDP growth will recover faster than forecasts in FY22: Arvind Virmani

Revival in economic activity, consumer confidence will see GDP growth recovering faster in second quarter of FY22 than anticipated by forecasts. Read more »
global economy facing recession

GDP growth numbers for 2020-21 conceal more than they reveal about Indian economy

Policy makers should focus on creating jobs, increasing real wages and boosting household incomes, rather than worrying about blips in GDP growth rate. Read more »
GST, Customs relaxations

Covid-19 crisis: Ease GST norms for healthcare imports

The Narendra Modi government must take steps such as GST deferrals, relaxation of interest payments, duty exemptions, and faster tax refunds to help businesses tide over the Covid-19 crisis. Read more »
Confusion over cryptocurrencies in India

Legends of the fall: Govt, RBI must clarify on cryptocurrencies

While the government is sending out confusing signals on cryptocurrencies, currency regulator RBI has been silent for a long time. Read more »
global trade

China shuns export push to focus on domestic market

China’s shift from export-led development strategy to one with focus on domestic consumption will hamper world trade. Read more »
IndiaN economy, $5 trillion economy

ADB predicts 11% growth for Indian economy

The Indian economy will stage a robust recovery aided by the vaccine rollout, stimulus packages, and an uptick in global demand. Read more »
Tamil Nadu economy and covid-19

Covid-19 impact: Tamil Nadu economy in a spot of bother

Tamil Nadu economy is in a precarious position – just one wrong step by the new government can send the state finances flying off the cliff. Read more »