THE ECONOMIST
Economists seek lower import tariffs at pre-budget meeting with PM Modi In a pre-budget meeting in New Delhi, Prime Minister Narendra Modi met with economists who recommended reducing import tariffs on intermediate goods, lowering interest rates, signing more free trade deals, and cutting logistics costs to boost export...
11 Jul, 2024, 11.54 PM ISTTake steps to accelerate growth: Eminent economists tell PM ahead of Union Budget Eminent economists urged PM Modi to prioritize economic growth and infrastructure in the upcoming budget during a NITI Aayog meeting. Finance Minister Sitharaman will present the 2024-25 budget on July 23, focusing on accelerating growth and agricul...
11 Jul, 2024, 09.37 PM ISTBudget 2024: PM Modi, Nirmala Sitharaman hold key meet with economists Prime Minister Narendra Modi held a pre-budget meeting with economists and Finance Minister Nirmala Sitharaman, ahead of the Budget 2024. The Modi government will present their first full budget on July 23. Sitharaman received suggestions for sustai...
11 Jul, 2024, 03.21 PM IST
Official employment data masks India's jobs problem, say economists India's employment growth mainly comes from self-employment, unpaid work, and temporary farm hires, which are not equivalent to formal jobs, economists said. Despite claims of 20 million new jobs annually since 2017/18, much of this increase is in a...
10 Jul, 2024, 12.24 PM ISTRachel Reeves: Britain's first woman finance chief Labour had put the economy at the heart of its election manifesto, targeting growth and wealth creation as key priorities in government, while its emphasis on the latter is not normally associated with the party's traditionally leftist policies.
06 Jul, 2024, 12.45 PM ISTIndia's rating upgrade possible in next 24 months if fiscal deficit falls to 4%: S&P India could receive a sovereign rating upgrade in the next 24 months if the central government manages its finances prudently and reduces the fiscal deficit to 4% of GDP. The trigger for the upgrade would be a general government deficit falling belo...
03 Jul, 2024, 05.12 PM ISTIndia's roaring growth may not change the story of its great divide, finds economists' poll A nearly 85% majority of development economists and policy experts, 43 out of 51, in a May 15-June 18 Reuters poll, said they were not confident economic inequality would significantly reduce over the next five years, including 21 who said they had ...
20 Jun, 2024, 01.58 PM ISTEconomists bat for capex push, fiscal prudence and more jobs at pre-Budget meet Budget 2024: The focus on the quality of spending, sans mindless freebies, and steps to further curb inflationary pressure should continue, some of the economists told finance minister Nirmala Sitharaman at the customary pre-budget consultation, adv...
20 Jun, 2024, 11.23 AM ISTJob creation is India's top economic challenge, policy experts say According to a poll of policy experts by Reuters, tackling India's chronic joblessness will be the biggest challenge for the government over the next five years, despite the country's status as the world's fastest-growing major economy. The economy ...
20 Jun, 2024, 07.45 AM ISTBudget must focus on employment generation, boost to manufacturing sector: Economists Economists attending the pre-Budget consultation with Finance Minister Nirmala Sitharaman emphasized the need for the upcoming Budget to prioritize employment generation and bolster the manufacturing sector. They highlighted concerns over unemployme...
19 Jun, 2024, 09.54 PM ISTRBI economists call for higher private investments, warn rising food prices could derail disinflation process RBI economists emphasize the need for higher private investments to drive growth amidst a disinflationary stance to manage spillover effects of elevated food prices, potentially delaying rate adjustments even if CPI hits target levels.
19 Jun, 2024, 09.03 PM ISTUS import prices unexpectedly fall in May Import prices dropped 0.4% last month after an unrevised 0.9% surge in April, the Labor Department's Bureau of Labor Statistics said on Friday. That was the first decline in import prices since December. Economists polled by Reuters had expected imp...
14 Jun, 2024, 06.26 PM ISTBubble of all bubbles? US economist predicts a 2025 stock market crash, likely worse than 2008 crisis Economist Dent warns of a 2025 stock market crash worse than 2008 crisis, attributing it to artificial bubble building post-Covid pandemic. He analyzes global economies, highlights economic devastation, and predicts a crash driven by inflated asset ...
12 Jun, 2024, 03.49 PM ISTUpward GDP projection and no change in interest rates welcomed by industry and economists Industry leaders and economists widely accepted RBI's monetary policy stand of no change in interest rates. Besides upward projection of GDP growth for FY25 from 7 per cent to 7.2 per cent is welcomed by the Industry.
07 Jun, 2024, 05.30 PM ISTLok Sabha Results: Will a fractured mandate for NDA impede new govt's infra and capex push? The 2024 Lok Sabha elections deliver a fractured mandate, influencing economic reform outlook. Experts recommend focusing on public capex and high-tech sectors for growth. Tanvee Gupta Jain predicts fiscal leeway for populist spending, supported by ...
06 Jun, 2024, 12.43 PM ISTDhruv Rathee factor? How YouTubers ruined Modi-led BJP’s game in Lok Sabha elections 2024 Dhruv Rathee factor: From viral sensations to influential voices, YouTubers have emerged as a force to be reckoned with in shaping public opinion and influencing political landscapes. With millions of subscribers and a knack for captivating storytel...
05 Jun, 2024, 10.42 AM ISTModi retaining power under changed circumstances to make reforms challenging: Economists Economists warn that PM Narendra Modi's retention in power after the general elections under 'changed circumstances' will pose challenges for implementing critical reforms.
04 Jun, 2024, 10.29 PM ISTUS risks a ‘Forever’ trade war with China, says Economist Stephen Roach The US is erecting new trade barriers that will hold back China’s sales of key products like electric vehicles, accusing Beijing of building excess capacity using state subsidies and flooding global markets with cheap products.
03 Jun, 2024, 10.16 AM ISTFed's favourite underlying inflation gauge is seen cooling Economists expect the personal consumption expenditures price index minus food and energy - due on Friday - to rise 0.2% in April. That would mark the smallest advance so far this year for the measure, which provides a better snapshot of underlying ...
27 May, 2024, 06.03 AM ISTHousehold income, employment outlook returns to pre-pandemic levels The study also reveals that overall spending is primarily driven by essential expenditures, which are mostly price inelastic, while non-essential spending shows less alignment with price levels. The higher income groups displayed more optimism post-...
23 May, 2024, 05.07 PM IST