Page 4 - Cea Krishnamurthy Subramanian

Shutting India's doors will not help, says CEA amid anti-China sentiments

He said the country had followed the import-substitution model till 1991, and that approach has been discredited since

Regulators, top govt officials meet to pull economy out of crisis

They also deliberated upon the status and developments under the IBC, and the working of credit rating agencies, the RBI said in a statement.

A new bad bank won't help unless existing problems are sorted: CEA

Krishnamurthy Subramanian also says India's sovereign rating being maintained and stable outlook by S&P is good news, considering India wants to list its sovereign bonds on global indices

India's economic fundamentals demand a much better rating: CEA Subramanian

India's ability and willingness to repay debt is gold standard, he said making a case for ratings upgrade

Covid-19 updates: India overtakes Italy's caseload, all you need to know

Wuhan, the first epicentre of the pandemic, the city discharged the last of three coronavirus patients on Friday

'No doubt' on GDP contraction in Q1: CEA Krishnamurthy Subramanian

Subramanian also said that the Centre had gone beyond its means to support states, was keeping its options open regarding deficit monetisation, and that the new privatisation policy would be out soon

CEA Krishnamurthy Subramanian sees FY21 fiscal deficit at over 5%

No doubt that economy will contract in Q1, Krishnamurthy Subramanian says

Intuition, not prediction

The Covid crisis makes "data driven" projections inaccurate, as the past provides zero guidance for the future.

Bigger reforms coming, we'll see a V-shaped recovery: CEA Subramanian

Addressing a virtual conference organized by All India Management Association (AIMA), the CEA said the economy will witness a V-shaped recovery

Finance panel's advisory council bats for support to small players, NBFCs

The Commission will wait for gross domestic product (GDP) data in the January-March and April-June quarters before finalising its reports to the government for 2021-22 to 2025-26

Will take relook at GDP forecasts for FY20, FY21, but it's too early: CEA

"We clearly see a negative shock on the health side. Economically, there will be an impact"

FinMin may cut interest rates on small savings schemes for April-June qtr

The govt last cut the small savings rates for the July-September 2019 quarter, except for one scheme

India needs to shift fully from pro-crony to pro-business policies: CEA

The problem with cronyism is that it is not better business models and processes which drive the growth, he said

Inflation to go below 4.5% by July: CEA Krishnamurthy Subramanian

Says vegetable prices may moderate after fresh harvest in March

Budget strikes right balance between growth push and fiscal discipline: CEA

So, at least for me, the way I would look at it is that before the Budget, we were actually looking at 3.3 per cent for this year and 3 per cent for next year

Budget 2020 LIVE updates: FM Nirmala Sitharaman at Finance Ministry

Budget session 2020 LIVE updates: The Economic Survey is a detailed report card on the economic performance in the year

Budget 2020: Govt may increase spending on infra, offer tax incentives

In annual economic report, the government predicted that economic growth would pick up to 6.0% to 6.5% in the fiscal year beginning April 1

FM Nirmala Sitharaman to present Budget 2020 in Parliament today

The Budget speech will begin at around 11 am today with Sitharaman beginning it with an address to the speaker of Lok Sabha

Briefcase or bahi-khata: What will FM carry for Budget 2020 presentation?

On the day of 2019 Union Budget presentation, Sitharaman broke away from long-standing traditions of colonial-era when she ditched the briefcase and opted for traditional bahi khata

Govt should lean on growth instead of focusing on fiscal deficit: CEA

It is time to focus on growth and, therefore, cutting expenditure is not an option, probably because at a time like this, growth needs to be taken care of, he added