CHIEF ECONOMIC ADVISOR INDIA
D-Street experts hail BJP alliance's emphatic Maharashtra victory, see policy continuity in state The BJP's significant win in the Maharashtra assembly elections is predicted to cause a surge in the stock market, reflecting renewed investor confidence in the government's economic policies. Experts believe this decisive victory will lead to stabi...
23 Nov, 2024, 04.19 PM ISTCEA Nageswaran asks India Inc not to seek protective cover of weak currency India's Chief Economic Advisor, V Anantha Nageswaran, cautioned Indian businesses against relying on a weak currency to boost exports. He emphasized that while a weaker currency can make exports cheaper, it shouldn't replace productivity and innovat...
21 Nov, 2024, 05.27 PM IST"We welcome industries who create jobs in our state": Karnataka Dy CM DK Shivakumar Karnataka Deputy Chief Minister DK Shivakumar pledged the government's full support to industries that create jobs in the state. He highlighted Karnataka's resources, including its educational institutions and energy self-sufficiency. Shivakumar pra...
21 Nov, 2024, 08.33 AM IST
India's Q2 economic growth likely took a hit from heavy rains and corporate struggles: ICRA India's economic growth is expected to moderate to 6.5% in the second quarter. This is due to heavy monsoon rains and weaker corporate margins. However, government capital expenditure and kharif sowing have shown positive growth. The industrial sect...
20 Nov, 2024, 12.36 PM ISTCreating jobs in manufacturing in the US and India is a study in contrast Trump and Modi are focusing on manufacturing to boost their economies. However, historical trends suggest that this approach is likely to fail in developed countries like the US. While India has potential in this sector, its progress is hindered by ...
20 Nov, 2024, 06.09 AM ISTTrump tariffs, slower global trade likely to slow India exports, says CEA Nageswaran India's Chief Economic Advisor, V Anantha Nageswaran, cautioned that the country needs to brace for potential increases in US tariffs and a slowdown in global export growth under the Trump administration. While acknowledging the challenges posed by ...
19 Nov, 2024, 08.00 PM ISTMassive encouragement to private transport, wrong farm policies behind high pollution levels: CEA India's Chief Economic Advisor, G Anantha Nageswaran, stated that excessive support for private transport and flawed agricultural policies are contributing to severe pollution levels in Delhi. He emphasized the urgency of addressing visible issues l...
19 Nov, 2024, 07.26 PM ISTAlpha Alternatives raises Rs 3,800 cr through first close of maiden infrastructure fund Alpha Alternatives Fund Advisors has secured $450 million in the first close of its inaugural infrastructure fund, aiming to raise a total of $750 million. The fund will invest in Indian road assets, including a strategic partnership with Dilip Buil...
18 Nov, 2024, 05.54 PM ISTPiyush Goyal urges RBI to cut rates, Gov says focus is to maintain financial stability, which breeds growth and prosperity India's Commerce Minister, Piyush Goyal, has called for interest rate cuts to stimulate economic growth, sparking a debate about the central bank's focus on inflation. Goyal argues that food inflation should be excluded from policy rate decisions, a...
14 Nov, 2024, 09.35 PM ISTIndia must focus on growth, deregulation to attract investment: Chief Economic Advisor India's Chief Economic Advisor V. Anantha Nageswaran underscored the importance of enhancing India's investment appeal through internal economic reforms, focusing on deregulation and supporting the growth of small and medium enterprises (SMEs) to es...
13 Nov, 2024, 07.23 PM ISTIndia's focus should shift to job quality amid AI disruption, says CEA Anantha Nageswaran India's job market is showing growth, but the focus should be on job quality as AI reshapes the landscape. Evidence suggests job creation is not a concern, but the nature of these jobs is crucial. While concerns exist about unemployment figures, rur...
06 Nov, 2024, 03.06 PM ISTTop government jobs that will soon be vacated: CAG, RBI Governor, CEA, and SEBI Chairperson The Union Government is set to make critical decisions on four major appointments, starting with a new Comptroller and Auditor General in November. Reappointments for the RBI Governor, Chief Economic Adviser, and SEBI Chairperson are also under cons...
28 Oct, 2024, 02.46 PM ISTIndia needs revolutionary growth to become developed economy: ISRO Chief S Somanathan ISRO Chairman S. Somanathan emphasized the necessity of technological advancements and product development for India's transformation into a developed economy. He lauded Elon Musk's space innovations and highlighted India's progress, urging continuo...
26 Oct, 2024, 08.27 PM ISTRBI chief Shaktikanta Das says inflation moderating, but upside risks require vigilance India's inflation is moderating, but the Reserve Bank of India remains vigilant to risks from unexpected events. Governor Shaktikanta Das stated that the central bank aims to align inflation to 4% and keep it close to the target. The financial secto...
26 Oct, 2024, 08.12 AM ISTRajan is against excluding food inflation while setting benchmark interest rates Former RBI Governor Raghuram Rajan opposes excluding food prices from headline inflation, stressing it undermines public trust. He supports targeting a consumer-based basket to better reflect inflation expectations. Rajan critiques suggestions from ...
02 Oct, 2024, 04.06 PM ISTIndian economy to grow at 6.5-7% in FY 2024-25 on steady state basis, says CEA Nageswaran The Indian economy is projected to grow at a rate of 6.5-7 per cent in the current financial year, according to Chief Economic Advisor V Anantha Nageswaran. He highlighted that the post-COVID recovery is solidified due to prudent fiscal and monetary...
27 Sep, 2024, 01.57 PM ISTChief economists bullish on India, cautious optimism for global recovery: WEF survey Chief economists express cautious optimism about the global economy, highlighting India's strong performance in South Asia. The World Economic Forum's survey points to easing inflation and robust global commerce but raises concerns over elevated deb...
25 Sep, 2024, 05.00 PM ISTUS Fed rate cut to have a 'marginal' impact on India Chief Economic Advisor V. Anantha Nageswaran stated that the Federal Reserve's rate cut could have a positive impact on the global economy. However, he noted that its effect on India would be marginal. Economic Affairs Secretary Ajay Seth echoed thi...
19 Sep, 2024, 01.10 PM ISTBanks need to adapt to changing customer preferences to remain competitive: CEA Chief Economic Advisor V Anantha Nageswaran emphasized the need for banks to adapt to changing customer preferences and market dynamics. Speaking at an event by Indian Bank, he highlighted agriculture's role in economic growth and praised the bank's...
15 Sep, 2024, 11.48 AM ISTTolin Tyres share allotment expected today: Check status, GMP, listing date and other details The share allotment for Tolin Tyres IPO is expected to be finalized today. Investors can check their allotment status through the BSE or the registrar's website. The company's shares are set to list on September 16, with a GMP of Rs 30. The IPO was ...
12 Sep, 2024, 08.25 AM IST