Page 2 - Krishnamurthy Subramanian

Next fiscal step likely after vaccine to cure Covid-19 comes: CEA

Says vaccine is not very far off and when it comes, uncertainty about the virus will considerably go down and the time will then be ripe for generating demand for discretionary spending

Market Ahead, June 24: Top factors that could guide markets today

The SGX Nifty, though, is trading with a slight cut and is indicating an open around 10,470 levels for the Nifty today

Krishnamurthy Subramanian asks private firms to stop asking govt for aid

Subramanian said that since India had a public distribution system of food grains, the country didn't need to directly transfer cash to the people to support them in times of the pandemic

Demand in economy will rise when uncertainty is not there, says CEA

According to him, this uncertainty arising out of the health factor will stay until a vaccine for Covid-19 is developed, and spending will not pick up till then

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

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

PSU banks adequately capitalised, may see enhanced profits: CEA Subramanian

Recently Punjab National Bank got board approval to raise Rs 1,000 crore from market through bonds

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

Subramanian vs Subramanian: Survey debunks critics on new GDP methodology

There have been similar criticisms of the methodology by other experts as well

In times like these, it is better to lean on growth: CEA K V Subramanian

The opportunity to extract patterns actually is enormous

30 years later, Economic Survey lays down the ground for Liberalisation 2.0

Embracing capitalism in a new avatar

Economic Survey backs Temasek-like model proposed for divestment

Survey recommends transferring stake of listed govt firms to a corporate entity

Economic Survey: Take a cue from China to create 40 million jobs by 2025

Economic Survey: Take a cue from China to create 40 million jobs by 2025 Survey suggests integration of Assembling in India into Make in India

Economic Survey 2020: Need to address rising food bill, revisit PDS rates

The food subsidy bill has increased from Rs 1,13,171.2 crore in 2014-15 to Rs 1,71,127.5 crore in 2018-19, it said adding that the reasons for widening of the food subsidy have been many

FDI at record levels, Rs 4.47 trillion sanctioned to NBFCs, HFCs: CEA

The CEA also pointed out the recent disinvestment decisions regarding PSU majors BPCL, CONCOR and SCI

Invest in human capital to improve productivity, says CEA Subramanian

"The reforms that you see today are an articulation of a cogent vision that has private investments at its heart," Subramanian added

Slowdown has certainly bottomed out, says DEA Secy citing market, FDI surge

CEA K V Subramanian and DEA Secy Chakraborty both said economy will pick up in Q3 and that fundamentals of the economy remain very strong