Page 13 - Economy Interviews

Either G20 cooperates or banking crisis deepens, says Jeffery Sachs

'The year 2023 was already shaping up to be a difficult year, even before the banking crisis'

No second thoughts on Great Nicobar Port, says Sarbananda Sonowal

"An area of land has already been earmarked for their protected habitation. There are also steps being taken to take care of the coral zone and mangroves"

Expect India's GDP to moderate to 6% in FY24: CRISIL MD & CEO Amish Mehta

Amish Mehta discusses the factors behind this downgrade and road ahead for the Indian economy

Karnataka polls: A new experiment in political mobilisation, says Manor

"The Congress will stress what it sees as the BJP's poor record in power"

Growth is fragile, real interest rates too high: MPC member Jayanth Varma

In an interview with Business Standard, MPC member Jayanth Varma says the committee should not tie its hands by adopting the withdrawal of accommodation stance

India will be an effective voice of developing nations at G-20: DEA Secy

In a Q&A, Ajay Seth says while the global macro-economic situation has improved over the past few months, headwinds on inflation and other indicators persist

Norms for celebrity endorsements carry the weight of law: Rohit Kumar Singh

'We are working to modernise the grievance redress mechanism and bring it up to international standards'

India's mid, long-term outlook very strong: PwC Chairman Bob Moritz

"Corporate bankruptcies are likely to significantly increase in G7 (nations) in the short-to-medium-term as the global economy slows down"

Whole premise of the Budget is around skilling: Atul Kumar Tiwari

'PMKVY is an agile, market driven scheme as it provides short term training and recognises prior learning as well'

A coal-dependent India can't move to zero overnight: GE's Mahesh Palashikar

In a Q&A, the President of GE South Asia asserts that natural gas will bridge India's journey from coal to renewables, even as he points is massive potential in onshore wind energy

IEA will support India's green tech manufacturing roadmap: Fatih Birol

In a Q&A, the executive director of global agency outlines his plans to discuss with the govt measures to divert critical mineral production and refining

FY24 disinvestment target pragmatic, but challenging: Dipam Secy Pandey

'Privatisation processes are BMMP (bandwidth, market available, minority shareholders, and the process)', said Tuhin Kanta Pandey

Over 50% taxpayers may shift to new tax regime: Revenue secretary

"Goods and Services Tax (GST) growth is estimated at 12 per cent as we expect the economy to do better domestically. However, keeping excise and customs in mind, we lowered the overall target"

Our capex increase accounts for global slowdown: Finance secy TV Somanathan

"The government's welfare schemes are quite large, comprehensive, well spread and the emphasis is on implementation rather than on budget provisions"

Call on FY24 green bond, H2 borrowing to be taken together: Ajay Seth

We are at 57 per cent of GDP for the central government, we have to see that every year we nibble away may be a percentage point, said Ajay Seth, Economic Affairs Secretary

Won't allow sensitive issues to scuttle India-UK trade talks: Piyush Goyal

"With Canada, while they are also not much of a manufacturing base, we have to go into more details. With the UK, it's a manufacturing country on many products. So we have to do it very carefully"

Budget must focus on lowering fiscal deficit: EY India's Rajiv Memani

In an interview with Ruchika Chitravanshi, Rajiv Memani, Chairman and Managing Partner of EY India, said that there is a strong enabling environment for private sector investment

Budget should make infra projects investor friendly: IIFCL MD PR Jaishankar

In an interview with Nikesh Singh, IIFCL managing director PR Jaishankar talks about the way ahead for the key infra financier

India can't afford yet more disruptions to supply chains: Ficci President

'What is most unfortunate is that countries are looking to finance their transition to a green economy by taxing others'

We see trade with India growing two-fold in next 5 years: Ontario minister

In a Q&A, Victor Fedeli says several top Indian companies are continuing to build their presence in the Canadian province despite concerns of tighter global financial conditions