Fehlinger-Jahn has a track record of openly calling for the breakup of sovereign nations such as Russia and Brazil in line with his push to strengthen Western alliances.
Prime Minister Narendra Modi expressed condolence at his passing away sharing a photo from his X account.
Singh’s tenure as Finance Minister in 1991 is particularly noted for bold economic reforms during a period of acute financial crisis.
"However, the cut in the CRR by 50 bps would help support growth, after the sharp downward revision in the forecast for FY2025."
In general, we should be more modest about our ability to second-guess the market
While his Modern Portfolio Theory forced a fundamental change in the assumptions of investing, its central insight remains theoretical.
Nirmal Bang's Teresa John, Axis Bank's Saugata Bhattacharya, and Abhishek Gupta of Bloomberg Economics have correctly predicted the fiscal 2023 gross domestic product numbers at 7.2%.
Robert E. Lucas Jr., who died this week, changed the way his profession measures the effects of economic policies.
Over 35 years ago, in 1986, a government report on crop diversification, led by economist S.S. Johl, recommended at least 20% area under paddy and wheat, the dominant crops in Punjab, should be shifted to other crops for ecological sustainability, primarily prevention of groundwater depletion. The predicted impact of a large paddy area on groundwater has come true – currently 80% of the state is in the red zone due to the overexploitation of groundwater.
Morgan Stanley expects fiscal deficit to be 5.9% of the GDP in FY24 against the estimated 6.4% for FY23, says Chief India Economist Upasana Chachra
Proportion of farmers in overall labour force had gone up due to the pandemic-induced lockdowns. That is now back to pre-pandemic levels, Upasana Chachra of Morgan Stanley told Moneycontrol
The advice given by academics and by financial self-help gurus is often very different
Alagh (83) was an emeritus professor at the Sardar Patel Institute of Economic and Social Research here and was not keeping well for some time
The charges against Mau, an economic liberal with close links to top policymakers, sent shockwaves through Russia’s academic and economic elite when they were announced in June.
Another front-loaded hike of 50bps reflects policy urgency with heightened global negative externalities. Clearly, the fast-evolving world order and consistent repricing of the US Fed’s outsized hikes has tied Emerging Markets’ hands, including that of RBI.
Jayati Ghosh noted that the word 'freebies' indicates the class position of those who use it.
There has to be a trade-off the central bank has to look at and hence re-focus on growth once inflation provides some semblance of control, Kunal Kumar Kundu has said
A revenue deficit of 3.5 percent of GDP and a fiscal deficit of around 5 percent of GDP for the Government of India may allow enough space for prioritising health expenditure, vaccine rollout as well as capital spending.
The doctrine that has guided economists and businesses for 50 years needs re-evaluation
In his letter to the vice-chancellor of JNU, Bhaduri expressed pain at throttling of dissent by the university administration.
Thanks to this legendary former Fed chair, US inflation was tamed and has remained so ever since
"My take on what looks like a cyclical downturn on exports has to do with the disruption that the GST caused," the John Zwaanstra professor of international studies and economics at the Harvard University said here this evening.
"US suspension of fast track H-1B visas. Will hurt India in the short run & then help. But will do huge damage to US," Basu, who is currently professor of economics at Cornell University, said in a tweet.
Willem Buiter of Citi feels the emerging markets are unlikely to falter as the momentum in the emerging markets steadily pick up pace in 2017. For instance, he says the worst performers of last year, Russia and Brazil, are showing various positive signs.
The GDP growth for the quarter ended December 31, is expected to be in the range of 5.5 to 6.5 percent. Last year, the GDP grew by 7.2 percent in the same period.