Gaurav Kapur

BUSINESS

Forex stock places India in a better position to deal with the worst recession since 1930s

With a significant part of the country’s debt due for repayment in the current fiscal year, there is enhanced refinancing risk, considering the global financial market backdrop and COVID-19. Sizeable foreign exchange reserves place India in a better position to deal with this risk

BUSINESS

Comprehensive policy response is needed to ease the economic fallout of COVID-19 outbreak

Under a worst case scenario, GDP growth in FY21 could fall to 3.5 percent

ECONOMY

Budget 2020 may set off a virtuous growth cycle

The Budget proposals should aim at supporting private investments and government’s own capex spend -- both through on- and off-budget financing

ECONOMY

Stars are aligning. Expect a gradual economic revival in 2020

As for India, recovery efforts will have to focus on fiscal measures to support consumption and investment

ECONOMY

In Detail | Global clouds are thickening around India’s own challenges

Countering domestic private demand slowdown and a weak sentiment is crucial. Otherwise, even a modest economic recovery could take longer

ECONOMY

New liquidity framework talks of many ideas

The working group proposes surplus conditions and development of long-term repos

BUSINESS

Budget maintains continuity with its long-term policy focus on investment-led growth

The Budget addresses some of the issues holding back growth, without loosening the fiscal purse strings

BUSINESS

Budget 2019 must take aim at long-term growth, not just cyclical recovery

The case for fiscal stimulus is well presented. But that’s not all. For India to become a $5 trillion economy by 2024, doubling down on fiscal reforms cannot be overstated

ECONOMY

Monetary Policy | Third consecutive rate cut to support growth

Given the trajectory of growth and inflation, there still is room for another 25 bps cut over the next two meetings.