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Sushant Hede

Independent Economist

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How is consumption faring in a robust economy?

BUSINESS

How is consumption faring in a robust economy?

Edible oil and fuel are essential commodities with inelastic demand, impacting the whole society. The hit to the lower strata is enormous, led by falling consumption, depleted savings, and dwindling nutritional quotient

What you need to know from RBI’s Financial Stability Report

BUSINESS

What you need to know from RBI’s Financial Stability Report

The recent bank credit off-take needs close monitoring as there has been higher lending to MSMEs and other sectors which were hit badly by the pandemic

Global Economy | Fasten your seatbelts, it's going to be a bumpy ride

BUSINESS

Global Economy | Fasten your seatbelts, it's going to be a bumpy ride

The direct impact of the Russia-Ukraine war on India’s growth would be limited. However, the indirect consequence via rising inflation sapping consumer confidence, prospective normalisation plans of domestic and global central banks, and lagging investment sentiments could have a more pronounced impact 

Russia-Ukraine crisis further complicates matters for RBI, its MPC

BUSINESS

Russia-Ukraine crisis further complicates matters for RBI, its MPC

When one looks back and compares, it feels like the policy stimulus responses during an unprecedented COVID-19 pandemic were easy to manage. Exiting the stimulus in the thick of geopolitical risks has just made the equation a difficult one to crack 

What tax collections tell us about the health of the economy

BUSINESS

What tax collections tell us about the health of the economy

Stellar revenue collections bode well for the finances of the government. The worrying aspect is the reasoning around direct taxes which portends to widening inequality 

COVID-19 and the economy | The mirage of growth numbers

BUSINESS

COVID-19 and the economy | The mirage of growth numbers

The impact of COVID-19 first wave on individuals and the industrial segment was immense and the impact of the second wave could be equally damaging for both, not being reflected by macro-economic growth numbers 

What state budgets tell us about India’s economy

BUSINESS

What state budgets tell us about India’s economy

It's important to analyse the likely areas of slippages on the revenue front for different states, whether states have opened their purse strings, and how they have utilised the relaxations provided by the Centre and the 15th Finance Commission 

Budget 2021 has Rishabh Pant’s swashbuckling cover-drives and Cheteshwar Pujara’s watchful defence

BUSINESS

Budget 2021 has Rishabh Pant’s swashbuckling cover-drives and Cheteshwar Pujara’s watchful defence

Budget 2021 was daring with its allocations and infrastructure push, and at the same time watchful about fiscal consolidation and credible projections

Budget 2021 | Five reasons why it might not be an exciting Budget

BUSINESS

Budget 2021 | Five reasons why it might not be an exciting Budget

The government has already announced a host of relief and reform measures under its economic stimulus packages

Re-orienting from profits and cash flows to revenues

BUSINESS

Re-orienting from profits and cash flows to revenues

Once the economy broadly opens up, the governments’ agenda should also include restoring top line of different economic agents

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