economic advisor

Raghuram Rajan takes over as Chief Economic Advisor


August 29th, 2012 - 3:55 pm ICT by IANS
New Delhi, Aug 29 (IANS) Raghuram G Rajan, former IMF chief economist, took charge as chief economic adviser (CEA) in the finance ministry Wednesday."I am glad to be here," ... Read more...

Posted in Business |

Economic growth will fall below 6 percent: Kaushik Basu


July 31st, 2012 - 6:35 pm ICT by IANS
New Delhi, July 31 (IANS) India's economic growth will fall below 6 percent in the first half of the current fiscal but would pick up thereafter and inflation would moderate ... Read more...

Posted in Business |

India Inc has to live with dollar at Rs.50: Kaushik Basu


July 7th, 2012 - 7:58 pm ICT by IANS
Kolkata, July 7 (IANS) India Inc is suffering from sharp rupee depreciation against the US dollar, but should be "realistic" about the Indian currency's fall and learn to live with ... Read more...

Posted in Business |

Hope Mamata will okay FDI in retail: Basu


July 7th, 2012 - 7:41 pm ICT by IANS
Kolkata, July 7 (IANS) Chief economic advisor Kaushik Basu Saturday hoped that West Bengal Chief Minister Mamata Banerjee will give a nod for FDI in retail trading.It was under ... Read more...

Posted in Politics |

Inflation to soften by mid-October: Kaushik Basu


July 3rd, 2012 - 8:51 pm ICT by IANS
Chennai, July 3 (IANS) Inflation would continue at the 7.5 percent level till September this year, after which it is likely to go below 7 per cent, Kaushik Basu, chief ... Read more...

Posted in Business |

PM calls for revival of ‘animal spirit’ in economy


June 27th, 2012 - 9:58 pm ICT by IANS
New Delhi, June 27 (IANS) Prime Minister Manmohan Singh Wednesday called for revival of "animal spirit" in the economy and directed the officials to take measures to revive sentiments ... Read more...

Posted in Business |

Disconnect among government, RBI: BJP


June 18th, 2012 - 11:49 pm ICT by IANS
New Delhi, June 18 (IANS) Slamming the government for "mismanagement" of the economy, the Bharatiya Janata Party said Monday the Reserve Bank of India's decision to keep lending rates ... Read more...

Posted in Politics |

Finance ministry advisor suggests small diesel price decontrol


June 13th, 2012 - 12:06 am ICT by IANS
Bangalore, June 12 (IANS) The finance ministry's Chief Economic Advisor, Kaushik Basu Tuesday favoured decontrol of diesel price in a small and intelligent way to insulate the country from spiralling global ... Read more...

Posted in Business |

FDI in multi-brand retail will lift mood: Economic advisor


June 13th, 2012 - 12:05 am ICT by IANS
Bangalore, June 12 (IANS) Opening up the multi-brand retail sector to foreign direct investment(FDI) would lift the economic mood and largely benefit farmers and small exporters, the government's top economist said ... Read more...

Posted in Business |

Depreciating rupee boon for Indian manufacturing exporters


May 29th, 2012 - 4:05 pm ICT by IANS
New Delhi, May 29 (IANS) While the depreciating rupee is giving sleepless nights to many, it is a huge opportunity for India's manufacturing exporters as their goods are now cheaper ... Read more...

Posted in Business |

India continuing on the reform path: Mukherjee


April 22nd, 2012 - 10:27 pm ICT by IANS
Washington, April 22 (IANS) Rejecting opposition charges of a policy paralysis on reforms back home, Finance Minister Pranab Mukherjee today that the United Progressive Alliance was going ahead with ... Read more...

Posted in Uncategorized |

No witch hunt, take bold decisions: PM to bureaucrats (Lead)


April 21st, 2012 - 2:12 pm ICT by IANS
New Delhi, April 21 (IANS) Asking civil servants to take bold decisions, Prime Minister Manmohan Singh Saturday said the government would not indulge in "witch hunting" against them in ... Read more...

Posted in Politics |

Political slugfest over ‘no more reforms’ remark (Lead)


April 20th, 2012 - 9:14 pm ICT by IANS
New Delhi, April 20 (IANS) A political slugfest was sparked off Friday over chief economic advisor Kaushik Basu's reported remarks that major reforms were unlikely before the next general ... Read more...

Posted in Uncategorized |

Comment on reforms not linked to 2014 election: Kaushik Basu


April 20th, 2012 - 9:08 pm ICT by IANS
New Delhi, April 20 (IANS) Government's chief economic advisor Kaushik Basu Friday clarified that his comments on economic reforms getting a push after 2014 was not linked to India's ... Read more...

Posted in Business |

Kaushik’s remark triggers political slugfest (Lead)


April 20th, 2012 - 8:01 pm ICT by IANS
New Delhi, April 20 (IANS) Finance ministry chief economic advisor Kaushik Basu's remarks that major reforms were unlikely before the next general elections kicked off a slugfest between the ... Read more...

Posted in Politics |

Government has decided on no more reforms: BJP


April 20th, 2012 - 3:11 pm ICT by IANS
New Delhi, April 20 (IANS) The opposition Bharatiya Janata Party (BJP) Friday said the government seems to have decided against any more reforms as the prime minister's economic advisor ... Read more...

Posted in Business |

Kaushik Basu to head Infosys’ science prize jury


April 10th, 2012 - 10:37 pm ICT by IANS
Bangalore, April 10 (IANS) Chief Economic Advisor Kaushik Basu will chair the jury for the social sciences prize of IT major Infosys' Science Foundation, replacing Nobel laureate Amartya Sen, who ... Read more...

Posted in Uncategorized |

Budget: A manuscript of good intentions? (News Analysis)


March 16th, 2012 - 6:56 pm ICT by IANS
New Delhi, March 16 (IANS) It has made all the right noises about the need to reform and prune subsidies, and even extends incentives to tax payers. But without ... Read more...

Posted in Business |

‘India will grow at 7.6 percent, to play active global role’ (Roundup)


March 15th, 2012 - 7:43 pm ICT by IANS
New Delhi, March 15 (IANS) India's economic growth will rebound to 7.6 percent in 2012-13 on the back of softening inflation and better industrial production, enabling it to play ... Read more...

Posted in Business |

Corruption will keep India in chaotic poverty trap: Survey


March 15th, 2012 - 3:51 pm ICT by IANS
New Delhi, March 15 (IANS) Recognising that self-interest drives a market economy, the Economic Survey for 2011-12 tabled Thursday also says India will stagnate and remain in the grips ... Read more...

Posted in Business |

‘High interest rates hurting manufacturing growth’


February 24th, 2012 - 8:14 pm ICT by IANS
New Delhi, Feb 24 (IANS) The Reserve Bank of India (RBI) needs to significantly lower interest rates to revive investments and boost manufacturing growth, the National Manufacturing Competitiveness Council said ... Read more...

Posted in Business |

Expert committee under Rangarajan on sugar sector


January 27th, 2012 - 3:12 pm ICT by IANS
New Delhi, Jan 27 (IANS) Prime Minister Manmohan Singh has constituted an experts panel on the sugar sector, which is among the last remaining industries in India still under ... Read more...

Posted in Business |

Food inflation may soon drop below 3 percent, says Kaushik Basu


December 14th, 2011 - 4:10 pm ICT by IANS
New Delhi, Dec 14 (IANS) With food inflation showing a continuous decline in the past few weeks, Chief Economic Advisor to the Finance Ministry, Kaushik Basu Wednesday said it ... Read more...

Posted in Business |

Eurozone poses fresh tension to global economy: Basu


November 5th, 2011 - 12:34 am ICT by IANS
Kolkata, Nov 4 (IANS) Terming Europe as the "trouble zone", the union finance ministry's Chief Economic Advisor Kaushik Basu Friday said the region creates a tension to the world economy."Some ... Read more...

Posted in Business |

Multi-product retail will improve supply chain: Economic advisor


November 4th, 2011 - 11:43 pm ICT by IANS
Kolkata, Nov 4 (IANS) The Indian government's Chief Economic Advisor Kaushik Basu Friday batted for allowing big multi-product retail companies to enter India's market to improve the supply chain to ... Read more...

Posted in Business |

Food inflation to dip from December-end: Economic advisor


November 4th, 2011 - 10:28 pm ICT by IANS
Kolkata, Nov 4 (IANS) Conceding that the current high inflation is "very painful", the government's Chief Economic Advisor Kaushik Basu Friday said the double-digit food inflation will show a steady ... Read more...

Posted in Business |

Prime Minister meets top officials on curbing inflation


October 15th, 2011 - 7:51 pm ICT by IANS
New Delhi, Oct 15 (IANS) Prime Minister Manmohan Singh Saturday met top policymakers seeking ways to curb inflation which has been hovering close to double-digits for almost 9 ... Read more...

Posted in Business |

US, UAE discuss bilateral ties


September 10th, 2011 - 11:03 pm ICT by IANS
Abu Dhabi, Sep 10 (IANS/WAM) Officials of the US and the United Arab Emirates (UAE) met here Saturday to discuss bilateral cooperation in the health sector.Hanif Hassan, UAE minister of ... Read more...

Posted in World |

Inter-ministerial group discusses inflation


September 2nd, 2011 - 9:44 pm ICT by IANS
New Delhi, Sep 2 (IANS) An inter-ministerial group headed by the finance minister's chief economic advisor Kaushik Basu held its meeting Friday to review the situation of inflation, which ... Read more...

Posted in Business |

Economic growth data disappointing, says Pranab


August 30th, 2011 - 6:42 pm ICT by IANS
New Delhi, Aug 30 (IANS) Expressing disappointment over the slowdown in the economic growth that fell to 7.7 percent in the first quarter this fiscal, Finance Minister Pranab Mukherjee ... Read more...

Posted in Business |

Pranab to visit Britain to discuss trade ties, reforms


July 24th, 2011 - 4:50 pm ICT by IANS
New Delhi, July 24 (IANS) Finance Minister Pranab Mukherjee is to pay a day-long visit to Britain for a ministerial-level economic dialogue to be held in London Monday to ... Read more...

Posted in Business |

India, US to begin dialogue to boost trade, investment


June 27th, 2011 - 7:45 pm ICT by IANS
Washington, June 27 (IANS) India and the United States kick off what is billed as their "highest level" economic engagement here Monday with Finance Minister Pranab Mukherjee and US ... Read more...

Posted in World |

Pranab to sell India’s growth story on US visit (Lead)


June 26th, 2011 - 10:46 pm ICT by IANS
New Delhi, June 26 (IANS) Finance Minister Pranab Mukherjee's two-day visit to Washington beginning Monday will be focused on reassuring foreign investors that India continues to be an attractive ... Read more...

Posted in Business |

‘Decision on foreign equity in multi-brand retail in six months’


June 3rd, 2011 - 5:20 pm ICT by IANS
New Delhi, June 3 (IANS) India's Chief Economic Advisor Kaushik Basu feels the cabinet will take a decision within six months on allowing foreign investment in multi-brand retail trade ... Read more...

Posted in Business |

CPI-M opposes move to allow FDI in multi-brand retail


May 28th, 2011 - 10:01 pm ICT by IANS
New Delhi, May 28 (IANS) The Communist Party of India-Marxist (CPI-M) Saturday strongly opposed any move to allow foreign direct investment (FDI) in multi-brand retail in view of the recommendation ... Read more...

Posted in Politics |

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