Earlier in the day, Economic Affairs Secretary Ajay Seth said that the rate cut is unlikely to have any significant impact on foreign inflows into India.
Chief Economic Advisor V Anantha Nageswaran presented the Economic Survey 2023-24, displaying a map where each Indian state and Union Territory was renamed after a country with a similar population.
Chief economic adviser says India-China economic relations continue to be extremely complex. Survey says to boost manufacturing, India may require Chinese investment, technology.
The Economic Survey 2023-24, tabled in Parliament Monday, lays onus of job creation on private sector & states, and calls out the financial sector for encouraging product misselling.
While releasing 'India Employment Report 2024', V Anantha Nageswaran said govt can't solve 'all social, economic challenges'. Congress leader Kharge says CEA protecting 'dear leader'.
Chief Economic Advisor to govt of India, V Anantha Nageswaran, says these indices, used to rate investment safety of countries, is created by ‘experts’ who have no presence on the ground.
Visiting Professor Ashoka Mody says India chose to ‘dismiss inconvenient truths’ about GDP data to look good. Where was criticism when the economy tanked during COVID, asks govt.
Attempts are being made to link TCS with the tax deducted from taxpayers’ salaries. The CEA also backs the govt’s rationale for raising TCS rate to 20%
Responding to Subramanian's argument that India can't replace China, Nageswaran cites digital economy, small businesses and economic boom in 'Foreign Affairs' article.
V. Anantha Nageswaran says he is surprised by Fed's hawkishness in hiking rates. With US inflation hitting 4-decade high in February, Fed raised rates in March and plans more hikes.
SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.
Many really smart people now share the position that playing cricket with Pakistan is politically, strategically and morally wrong. It is just a poor appreciation of competitive sport.
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