Arvind Virmani

"Indian economy will grow at 7 per cent plus minus point 0.5 per cent... I expect that we are on track to grow at 7 per cent for several years from today," he told PTI in an interview.

MC Interview: Not just tax incentives, India needs to clinch FTAs to lure investments, says NITI Aayog member Virmani

Weighing in on the debate over 'freebies', the NITI Aayog member said that the overall focus should be on capital expenditure that benefits everybody rather than a non-merit subsidy, which benefits only a few.

India needs tax reforms to boost small firms, says NITI Aayog member Arvind Virmani

Simplifying tax rates would add to the efficiency of micro, small and medium enterprises (MSMEs), make imports competitive and improve export prospects, NITI Aayog member Arvind Virmani said.

Budget to help in reducing capital cost for Indian companies: Niti Aayog member Arvind Virmani

Virmani further said the large increase in capital expenditures by 33 per cent to Rs 10 lakh crore for infrastructure development will accelerate India's economic growth.

Government appoints Arvind Virmani as full-time member of NITI Aayog

Arvind Virmani served as the chief economic adviser in the finance ministry (2007-2009).

Indian economy to see 9.5% growth this fiscal: Arvind Virmani

Addressing a virtual event organised by industry body PHDCCI, Virmani said that government expenditure and exports have peaked, but so far private consumption has not recovered due to the COVID-19 pandemic.

Shaken and stirred with ingredients fresh off the Himalayas

When making cocktails, top quality, seasonality and freshness of ingredients are paramount. A quick journey into the Himalayas, to procure additives that go well with Indian craft gin.

Status Quo Policy: Withdrawal limit restriction may go beyond Dec, say experts

Both V Srinivasan of Axis Bank and Ashish Parthasarthy of HDFC Bank agree that the withdrawal limit could extend beyond December 30 because the limit depends on the availability of currency.

Labours of Urjit: Economists outline the challenges he must face

The primary and most important agenda for Patel on monetary policy is to complete the institutional process, which is the Monetary Policy Committee, says Arvind Virmani, Former CEA, Finance Ministry.

What are immediate tasks for new RBI governor? Experts discuss

Broadly there seems to be four categories of tasks which the new RBI governor will have to look at. One is bringing inflation to 4 perfect. Two, would be keeping the rupee stable, while ensuring liquidity for growth. Three would be cleaning up bank balancesheets and fourth would be meeting the payments, digital and inclusion revolution.

Macro Economic Survey 2016: 7-7.5% GDP growth target 'credible and realistic', says HSBC

Pranjul Bhandari, Chief India Economist, HSBC, says inflation could be much higher—almost 5.5 percent— than the 4.5-5 percent forecast in the survey.

Competitive federalism a gamechanger for India: Arvind Virmani

Nearly Rs 1.95 lakh crore and counting. Corporate leaders promise to invest big bucks in Andhra Pradesh on the second day of the investor summit and 32 MOUs have been inked so far. In an interview to CNBC-TV18, Arvind Virmani, Former Chief Economic Advisor shares his view on states scurrying to lure investors.

Discom revival plan to improve health of power cos: Experts

The Union Cabinet on Thursday gave its approval to a scheme that would allow power distribution companies (discoms) in select states to convert their debt into state bonds, as well as roll out a host of steps to improve efficiency at power plants.

Gujarat tops World Bank's report on ease of doing biz here

Arvind Virmani, Former Chief Economic Adviser says this report is critical to meeting 'Make In India' and reviving growth in India and maintaining it.

Agri mgmt key to tackling drought, no dent in demand: Pros

While monsoon does not have a correlation with overall demand, excess Rabi rainfall in Northwest India will compensate for the drought, say eminent economists.

Union Budget will be a game changer, hopes Yashwant Sinha

He also suggested that the time has come for RBI to cut interest rate by at least 0.5 percent if not one percent because the inflation is almost zero. Referring to the GDP numbers released by Central Statistics Office, Sinha said there is a need for greater scrutiny of data provided by the government body.

With worst likely behind, when will GDP growth reach 6%?

Experts CNBC-TV18 spoke to believe that the trough of economic growth, logged in at below 5 percent over the past two years, has likely been seen. They discussed the various factors that could impact economic growth in the medium term ahead.

Most TAC members wanted rate cut, Rajan chose status quo

The minutes of the Technical Advisory Committee (TAC) on monetary policy held prior to the RBI's fourth Bi-monthly Monetary Policy on September 30 revealed that four out of seven external members favoured reduction in repo rate.

Modi govt's 100 days: More hits than misses, say experts

Experts feel the new government has been successful in breaking the decision-making gridlock and rebuilding the sense of confidence.

Experts decode Chidambaram's Interim Budget

Experts Sidharth Birla, President – FICCI, Mohandas Pai, Chairman Manipal Global Education Svcs, Arvind Virmani Former Chief Economic Advisor & Sanjay Thakkar Partner, KPMG decode Finance Minister Chidambaram's Interim Budget speech in an panel discussion with Shereen Bhan on CNBC-TV18.

Upside for Indian economy is much more: Arvind Virmani

CNBC-TV18 catches up with Arvind Virmani, India's representative to the International Monetary Fund (IMF) to understand what he makes of the market situation in India and globally.

India tells IMF to be in touch with countries

India has asked its executive director in IMF to stay in touch with different countries on the issue of selection of the new IMF head even as the front- runner Christine Lagarde planned a visit here soon.

The big IMF race: EMs on priority list? No, says Virmani

The BRICS nations have come out in the open to oppose the notion that the next MD of the IMF should be from Europe. They argue that such a selection criteria undermines the legitimacy of the fund. But India's IMF representative Arvind Virmani says he's not too certain the next chief will be non-European, let alone from an emerging nation.