IMF chief economist Gita Gopinath warned that the global economy is in a 'synchronised slowdown' and called for policymakers to cooperatively deescalate trade and geopolitical tensions.
New CPI series will take 2024 as base year, will provide more accurate measure of inflation, spending on digital services. Expected to enhance representation and reliability, says Saurabh Garg.
The agreement, signed after meeting between Rajnath and US Secretary of War Pete Hegseth on sidelines of ADMM-Plus in Kuala Lumpur, aims to deepen bilateral ties in the critical sector.
This world is being restructured and redrawn by one man, and what’s his power? It’s not his formidable military. It’s trade. With China, it turned on him.
All economists have been saying the same thing. India has gone as far as it could with the politically easier reforms it has undertaken since 1990. What are left are the politically tougher reforms – labour laws, land acquisition, education and judicial. They won’t happen until Modi-Shah feel politically secure. There is no easy way to get back to 7%+ growth rates.
At least I was never surprised, even less so than after Demonetisation. It seemed to me that all the compliments about India being the one bright spot in the global economy, including several from the IMF, were polite small talk. Look back to May 2014 and try to identify one inspired initiative on the economy.
Modi has no time for phoren experts. He is happy with his local pakida team.
Tell us something new please.
All economists have been saying the same thing. India has gone as far as it could with the politically easier reforms it has undertaken since 1990. What are left are the politically tougher reforms – labour laws, land acquisition, education and judicial. They won’t happen until Modi-Shah feel politically secure. There is no easy way to get back to 7%+ growth rates.
At least I was never surprised, even less so than after Demonetisation. It seemed to me that all the compliments about India being the one bright spot in the global economy, including several from the IMF, were polite small talk. Look back to May 2014 and try to identify one inspired initiative on the economy.
What about the IBC? You can google if you don’t know about it…