Economic Advisory Council

Sanyal says that India is on the course for projected growth, backed by robust PMI, and investments in the public and private sectors. Being in the GBI-EM will mean greater access to cheaper funds over the next few years, which is crucial, he says.

Tata Sons chairman N Chandrasekaran to head Maharashtra's new economic advisory body

"To make Maharashtra a trillion dollar economy, the state government is setting up an Economic Advisory Council, to be headed by Tata Sons chairman N Chandrasekaran," Fadnavis said.

Govt should seek transparency from providers of governance indicators: Sanjeev Sanyal

India's deteriorating performance in global governance indicators cannot be ignored given their influence on sovereign ratings, the member of the Economic Advisory Council to the Prime Minister has argued in a paper

RBI "correct" to use FX reserves to tackle rupee volatility: Economic Advisory Council

"I think that the RBI is correct to use the FX reserves to smooth movement in the INR/USD... There is no point targeting a INR/USD level when USD is appreciating against all other majors," Sanjeev Sanyal told the Reuters Global Markets Forum (GMF) in an interview.

Internal market in a good position: Sanjeev Sanyal

Speaking at the Bharat Chamber of Commerce here, Sanyal said that there has been an unprecedented crisis during the two-year-long pandemic and the Indian economy has emerged stronger after that.

New MPC member Ashima Goyal resigns from PM's Economic Advisory Council

With regards to the members of MPC, the RBI Act states that a person cannot be in the panel if they have a material conflict of interest with the RBI and are unable to resolve such conflict.

The Empire Strikes Back, Starring Rene Descartes

China has done very well despite the widespread perception its GDP numbers are very dodgy

EAC-PM rejects Arvind Subramanian's GDP claim, accuses him of cherry-picking data

The EAC-PM also accused Subramanian of blindly trusting data provided by a private agency, CMIE and distrusting government institution Central Statistics Office (CSO).

EAC-PM discusses ways to rollout of mega healthcare scheme

The mega healthcare scheme is likely to be launched either on August 15 or October 2.

PM's new Economic Advisory Council to work on monetary policy, fiscal framework

Debroy also said that the members of the PMEAC had reached consensus about "the various reasons that have contributed to the slowdown in the growth rate".

Budget 2016: Plans ambitious, but execution to be keenly eyed,says Rangarajan

C Rangarajan, former Chairman of the Prime Minister‘s Economic Advisory Council and ex-Governor of the Reserve Bank, believes the government may not have fully provided for the implementation of the recommendations of the 7th pay commission

Overall growth rate of 4.9% still possible: Rangarajan

Given the performance in the first nine months and GDP growth of 4.9 per cent projected by the CSO in its advance estimates for this financial year, the economy must expand 5.7 per cent in the fourth quarter ending March.

Delays in project completion hampering growth: Rangarajan

"Economic growth has in fact declined much more steeply than what is warranted by the decline in investment. This might be because projects have not been completed in time or complementary investments have not been forthcoming," Prime Minister's Economic Advisory Council chairman C Rangarajan said here.

See GDP over 6% for FY14; CAD at 4.7-4.8%: Rangarajan

Chairman of the Prime Minister's Economic Advisory Council (PMEAC) C Rangarajan told CNBC-TV18 that their priority was to enhance domestic coal production. He also expressed his concern over declining coal output.

Budget Analysis: Budget has commitment to contain fiscal deficit: Rangarajan

Today at the Budget session, Chidambaram did put out a 4.8 percent fiscal deficit target for 2014, with a 30 percent jump in plan expenditure. This is making the math look difficult. In an interview to CNBC-TV18 C Rangarajan, Chairman, Economic Advisory Council to the Prime Minister said that this is a jump over the revised estimates.

Govt can meet fiscal deficit target of 5.3%: Rangarajan

Indicating better economic outlook in the second half, Prime Minister's Economic Advisory Council Chairman C Rangarajan expressed optimism that the government would be able to meet the fiscal deficit target of 5.3 per cent for the current fiscal.

Will be happy with Oct-Mar IIP of around 7%: Rangarajan

Chairman of the Prime Minister‘s Economic Advisory Council C Rangarajan said “Much better performance in the second half was expected, however 8.2 percent growth beats expectation,”

Fiscal Deficit: Economic prospects for FY13: CARE Ratings

CARE Ratings has come out with its report on economic prospects for FY12 and FY13. According to the rating agency, fiscal consolidation will restrict the ability of the government to spend in large manner as the focus shifts towards tightening. Therefore increase in growth by around 1% point appears to be farily optimistic.

Inflation could decline to 7% by March: Rangarajan

Chairman of the Prime Minister's Economic Advisory Council C Rangarajan today said inflation could decline to 7% by the end of the current fiscal on account of good monsoon this year.

RBI-sponsored survey lowers growth forecast to 7.9%

A Reserve Bank sponsored survey has lowered the growth projection for the current fiscal to 7.9% from 8.2% estimated earlier and pegged March-end inflation at 7-7.9%.

Normal monsoon will help in stabilising food prices: PMEAC

Expressing hope that food inflation could come down to 6.5% by March, 2012, PEAC Chairman C Rangarajan today said normal monsoon would help in stabilising prices of food items.

Inflation to stay high: Rangarajan

C Rangarajan, the Chairman of Economic Advisory Council to PM, today said that overall inflation will remain elevated for some more time, even as the food inflation will decline with the progress of the monsoon.

Tough to keep fiscal deficit at 4.6% of GDP says Rangarajan

India must continue with a fiscal deficit target of 4.6% of the GDP, although it would be difficult to maintain that, C Rangarajan, the chairman of Prime Minister’s economic advisory council said Thursday.