Page 9 - Economy Interviews

No country can ignore ratings by credit rating agencies: Subbarao

RBI may be looking at the bigger picture, and companies at their balance sheets, says former RBI governor D Subbarao on draft provisioning norms

India will be able navigate even if global tensions increase: Hardeep Puri

Union minister Hardeep Singh Puri discusses India's oil economy management amid escalating West Asia tensions and affirms BJP's strategic electoral stance in Punjab

Rs 6,800 cr disbursed to beneficiaries of PLI scheme in FY24: DPIIT Secy

Singh says that PLI schemes on textiles, bulk drugs, food products and solar PV modules are likely to be tweaked

Fusion Strategy can deliver low-cost solutions to masses: V Govindarajan

Vijay Govindarajan argues that AI and real-time data should be leveraged to radically transform physical products and the companies that make them

'Our estimates & those on Tendulkar formula show poverty fall over 12 yrs'

The rate of poverty decline in percentage points was higher in urban areas in the Rangarajan-Dev estimates over this period than in SBI research

India can reverse mkt access to EFTA if FDI commitments not met: Artieda

$100 billion FDI is a massive number. It took my breath away, said Swiss State Secretary for Economic Affairs Helene Budliger Artieda

Any change in withdrawal stance will unsettle markets: Ashima Goyal

'Withdrawal' is now well understood to imply that the repo rate remains disinflationary and is aimed at bringing inflation towards the target, Goyal said

Indian economy still growing below its potential, says Jayanth R Varma

Varma says if the economy is not overheating, there is no need of a high real interest rate, which can choke growth

System in place to fix reconciliation row over tax payments: Revenue secy

Malhotra speaks of the Paytm probe, goods and services tax on online gaming companies, and revenue projections

60% may shift to new tax regime in FY24: CBDT chairman Nitin Gupta

'No extension of concessional corporation tax rate for new manufacturing units'

We're on course to reaching inflation target of 4% in FY25: CEA Nageswaran

Our potential growth rate is somewhere between 6.5 and 6.8 per cent and it is not 6 per cent as the international agencies used to estimate, he says

The impetus should originate in states: Union minister Pralhad Joshi

In an interview with Nitin Kumar, Union Minister Pralhad Joshi says the government has taken proactive steps to develop a secure supply chain for critical minerals

Investments worth Rs 14 trillion in the works for rail overhaul: Vaishnaw

We are increasing the passenger capacity to 10 billion. By 2030, waiting lists will not exist, said Ashwini Vaishnaw

'Closer to where rates have to be cut to avoid excessive real interest'

Varma says that since monetary policy acts with lags of three to five quarters, rate actions must be based on projected inflation rather than past inflation prints. In an interview with Manojit Saha

Need to keep real rates at level to sustain virtuous cycle: Ashima Goyal

Ashima Goyal tells Manojit Saha in an email interview that the inflation rate does not necessarily have to fall to 4%, but it is essential to be confident that it will stay below 5%

India, US reaffirm pledge to fight illicit risks in global financial system

India and the US recently co-chaired the 'US-India Anti-Money Laundering (AML) and Countering the Financing of Terrorism (CFT) Dialogue'

RBI raises limit of e-Mandates for recurring online transactions to 1 lakh

The move is believed to further encourage transactions through the digital payment channels in the country

Pvt investment to pick up from second half of FY24: CII President R Dinesh

'Headwinds are majorly all macro-economic and global issues. The larger challenge is the volatility'

Our aim is to be affordable global 6G tech leader: Ashwini Vaishnaw

On standards, India played a pivotal role in crafting 5Gi and its integration with 3GPP 5G standards, said Vaishnaw

Younger travellers driving tourism rebound: Thomas Cook India's Menon

Madhavan Menon speaks to Akshara Srivastava about the drivers behind this growth and what lies ahead for the Indian travel and hospitality landscape