The report, authored by Soumya Kanti Ghosh, SBI's Group Chief Economic Adviser, expects first repo rate cut in October meeting. The repo rate is the rate of interest at which the RBI lends to other banks.
This two-day meeting, held from September 18 to 19, was co-chaired by Ms Chandni Raina, Adviser, Ministry of Finance, Government of India and Ms Sam Beckett, Chief Economic Adviser, HM Treasury, UK, read the Ministry of Finance press release.
Chief Economic Advisor Dr V Anantha Nageswaran on Saturday lauded the estimated 7.2 per cent real GDP growth in 2022-23 and expressed confidence that when the final numbers for the fiscal are frozen in early 2026, the growth will be higher
Retail inflation or (Consumer Price Index) peaked at 7.8 per cent in April 2022 to an 18-month low of 4.7 per cent in April 2023, driven by a reduction in food and core inflation. In some advanced countries, inflation had in fact touched a multi-decade high and even breached the 10 per cent
The two-day meeting was co-chaired by V Anantha Nageswaran, Chief Economic Adviser, Ministry of Finance and Clare Lombardelli, Chief Economic Adviser, UK Treasury.
Analysis of insured customer deposits across multiple geographies initiated in the wake of bank runs across developed economies reveal US's top 10 banks deposits are insured in the range of 38.4-66 per cent, according to a research titled, Ecowrap, of the State Bank of India's Economic Resea
The CEA said, "General government spending with both the Union and the state governments put together, education has gone up from Rs 5.3 lakh crore to Rs 7.6 lakh crore and healthcare almost more than double in the last three years."
The Economic Survey document, formulated under the supervision of the chief economic adviser V Anantha Nageswaran, will give insights into the state of the economy and various indicators in the current financial year 2022-23 (April-March) and some outlook for the next year.
New Delhi [India], August 26 (ANI): India's former chief economic adviser Krishnamurthy Subramanian has been appointed as executive director (India) at the International Monetary Fund.
New Delhi [India], June 6 (ANI): Chief Economic Adviser Dr V Anantha Nageswaran on Monday said that in comparison to the developing nations, the developed nations face a bigger challenge in convincing their people to change their personal behaviour in order to make the climate change mitigat
Kyiv [Ukraine], April 17 (ANI/Sputnik): Ukraine is asking the Group of Seven (G7) and the International Monetary Fund (IMF) for USD 50 billion in financial assistance, Oleg Ustenko, the Ukrainian president's economic adviser, said on Sunday.
New Delhi [India], February 1 (ANI): With the government's new Chief Economic Adviser Anantha Nageswaran articulating his hopes on private capex cycle to build on the back of what the Central and state governments have done, India Inc has some reason to cheer-- an Economic Survey which fo