Page 7 - Economy Interviews

BS BFSI Summit: Esma being extra-jurisdictional is RBI's stand, says DG

He also spoke about how the RBI is looking to internationalise the Unified Payments Interface, and the plans for the Unified Lending Interface and central bank digital currency

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

Artificial rainmaking still under research, says IMD chief Mohapatra

The IMD chief talked about the improved forecasting system, global warming impact, and the artificial intelligence (AI) applications

Before announcing a big programme, govt should test it: Iqbal Dhaliwal

Dhaliwal spoke about evidence-based policymaking in India, and universal basic income, among other things

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

The middle-income trap is a clear potential for India: Kenneth Kletzer

Kletzer said India may be benefitting a little by being non-combatant in an increasingly worrisome world

India's reformist attitude not seen in many countries: OECD Chief Economist

Pereira said that India needs to prioritise education, skilling and take up reforms to improve business climate, reduce informality, ease FDI restrictions in the economy to attract investments

West Asia conflict may create challenges for India: ADB Chief Economist

Park says that if Donald Trump returns as the US president, it could be bad for Asia, including India

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

India will take a multi-pronged approach to boost exports: Piyush Goyal

Our national interest will always be paramount. We'll calibrate and balance our policies based on needs of the country, says Piyush Goyal

India known as best place to invest and manufacture in: Piyush Goyal

''PLI has been a big boost to manufacturing in India, and we can hope to see a lot of activity and creation of jobs in the days to come"

Will talk to states to iron out challenges in RE sector: Pralhad Joshi

He said through his outreach, he would also amplify the two flagship schemes of MNRE - PM Suryaghar Yojana and PM-KUSUM - which require support of State governments' machinery

Room for rate adjustments if food inflation decreases: Viral Acharya

Acharya explains why food inflation should not be excluded from the inflation targeting framework

'Would have liked to see RBI-staff MPC members also dissent sometimes'

Goyal, who voted for rate cut in both June and August review meetings, says that she does not see any broad-based rise in core inflation

Financial bids for IDBI Bank by FY25-end: DIPAM Secy Tuhin Kanta Pandey

He said that the government is more for a calibrated strategy rather than setting a big-bang target

Mega meeting on Friday to plan central database for jobs, workforce

According to the labour ministry, policy reforms across sectors and government programmes have generated employment

'Don't want to raise tariffs to high levels as industry becomes complacent'

Since indirect tax figures are not being released, we are treating GST data in the same manner, he says

Funding winter for startups may end with angel tax abolition: DPIIT Secy

A system of quarterly disbursement is in place for many sectors, except for few, such as food processing, where it is not feasible, he says

People are opting, and seeing value in new tax regime: CBDT Chairman

In a conversation, the chief of the direct tax apex body said that extension of the 15 per cent concessional rate depend on how the companies utilising the benefit

Archaic laws need to be reviewed keeping in mind recent changes: DFS Secy

Joshi explained the intention behind the Budget proposals for the financial sector