Economics
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The state of the economy

The Economic Survey is presented the day before the budget; and the budget has to be assessed as soon as it is presented. So it is impossible to write immediately about the Survey. But this...

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Indian economy after the budget

The revision of the base year for estimating GDP of India has dramatically transformed the way we look at our economic growth rates. According to the new estimates, the year 2013-14, the last year when...

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Making sense of budget numbers

The budget consists of sixteen documents. Commentators have to say what they can within hours of its presentation. So they concentrate on what the finance minister says, which is just about 10,000 words and is...

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An economic blueprint

Previous year has altered the political picture in striking ways. The most conspicuous change is in prime ministers: reclusive, modest, uncommunicative Manmohan Singh has given way to vocal, expressive, dramatic Narendra Modi. A less noticed change...

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Japan could witness demand slump for Solar Energy

Japan could be the biggest risk to solar demand in 2015, as the country is facing grid connection issues and changes in FIT. Japan has seen a massive boom in solar demand in 2013 and...

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Caging the fiscal deficit: quality of expenditure matters

As the government gears itself   to present a full-fledged budget in a few weeks, the policymakers will have to do the balancing act of giving a boost to the economy along with getting  the budgetary...

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Will ‘Modinomics’ help boost India’s development?

In a bid to transform India’s economy, PM Narendra Modi has pledged unlimited reforms at a summit in Gujarat. DW speaks to economist Rajiv Biswas about the likelihood of “Modinomics” succeeding across India. Speaking at...

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India: Outlook on bond yields

Indian bond markets have being seeing volatility in yields since May 2013 when the news of imminent tapering of Quantitative Easing by the U.S Federal Reserve came to the fore. The yield volatility was largely...

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Investors Need to Focus on the Signal, Don’t be Distracted by the Noise

The markets are an incredible aggregator of information. However, because of a tsunami of information, sometimes investors have difficulty in distinguishing the signal from noise. Let us try to help. Here we look at three...

op views fiscal deficit monetary policy rbi MarketExpress-in

Rate Cut – It’s Already Late

When RBI declared the fifth bi-monthly monetary policy statement on December 2nd, Rajan chose not to change the key policy rates. The markets anticipating a rate cut were disappointed. However, the statement that “rates can...

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Monetary policy: Two cheers but not three

The much awaited monetary policy of December 2014 miffed the markets and the economy. Anticipating a rate cut. The markets believed that RBI had a window to cut the repo rates. A cut in repo...

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Trade Policy Dilemmas faced by India: A Tale of Two Industries

Notwithstanding the globally sharpening focus on multi-lateralism (read WTO, food security and trade facilitation) and pluri-lateralism (read Trans-Pacific and Trans-Atlantic Trade and Investment Partnerships), we all want all our industries to flourish despite the increasing...