Dr. Nirmal Ganguly
siemens-indian-railways-marketexpress-in

Fixing the Mirror: Why India’s GDP Deflator Needs Urgent Overhaul

India Growth Story: Each time India’s GDP data is released, the headlines celebrate growth. Yet behind those glossy numbers lies a more subtle question: how “real” is this real growth we so readily accept? The...

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U.S. Tariffs Backfire: Why the Trade War Is Turning Against the American Economy

There’s an appealing simplicity to the idea: impose U.S. tariffs on foreign goods, protect U.S. industries, boost jobs, reduce the trade deficit. But in practice, the story tends to be far messier. When the U.S. launches...

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Global Financial Stability at Risk: A Call to Action Before the Next Crisis

Every few years, the world finds itself startled by a sudden financial disruption that “nobody saw coming.” That statement is never really true. The signs are usually blinking red for long enough — the problem...

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India at the Turning Point: Leading Global Growth in a Slowing World

The global economy today feels like a long-distance train that is still moving — but slowing as it climbs a steep slope. Every country is tightening its grip on the guardrail. But here’s the twist: India...

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Revising India’s Base Year: Challenges, Issues & Economic Prospects

Every economy evolves over time — sectors expand, consumption patterns shift, and new technologies reshape production and trade. To ensure that key economic indicators reflect these changes accurately, the base year used for their calculation...

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India’s GDP growth encouraging, but some cautions must for sustaining its resilience

India released its Gross Domestic Product (GDP) data for Q4FY2023 on May 31, 2023; 6.1% real GDP growth in Q4:2022-2023 is a magnificent performance. Even with an array of downside global risk and uncertainties in...

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How Indian Citizenry May Look At The Union Budget 2022-23?

In this paper an attempt has been made to objectively reflect on the Budget 2022-23 trying to gauge how an average Indian citizenry may be looking at the Union Budget 2022-23. The idea is to...