He says that it may take at least six months for the economy to recover
In retail, onion is selling at Rs 120-140 a kg across the country. The wholesale price jump will reflect in the retail price in a week
The way our govt manages our economy - inflation, jobs, growth, interest rates - directly and indirectly affects us
Widespread outbreak of swine fever since August 2018 has disrupted the pork supply in China
RBI and the government had differences on many occasions, but the governor didn't let it play them out in public
Structural reforms are much less about privatisation, land, and labour, and more about expanding the scope of private enterprises and allowing them to be more competitive and productive
GDP growth forecast for FY20 has been revised downwards from 6.1 per cent in the October policy to 5 per cent
What could be the reason for these successive downward revisions across the board? Some key indicators make it evident.
Average inflation across emerging markets is still at an all-time low, according to a Bloomberg gauge of consumer price indexes
Economic sentiment is as important as the actual data on the economy
The report signals that the central bank remains committed to a targeted, constrained approach toward easing despite increasing economic risks
Analysts at foreign brokerage Bank of America Merrill Lynch said the RBI will cut rates by 0.25 per cent in December, and follow it up with a 0.15 per cent in February
Abhijit Banerjee, who recently won the Economics Nobel Prize, along with Esther Duflo and Michael Kremer, spoke to Rajesh Kumar about the concerns facing the Indian economy; here are the highlights
At 4.75%, India will still offer positive rates of return to investors seeking high yields
The larger problem here is that government finances are already in a hole; that would be a problem even if the tax cut were the best-designed in history
Slashing the government's take from corporate profits to 25.2 per cent from 34.9 per cent has given a boost to stock-market sentiment
Minority shareholders' interests are often ignored in the process
The last economics guy to take sociology into account was Milton Friedman, says the author
What is telling is that large swings in the Indian business cycle are still not a thing of the past, despite the adoption of inflation targeting in India
The govt might look for quick fixes under pressure to revive the economy, but sustainable economic growth will continue to be elusive without structural changes, writes T N Ninan