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New CPI series aligned to consumption trends; CEA Nageswaran says monetary, fiscal policy decision calibration to improve

Chief Economic Advisor V Anantha Nageswaran (ANI) Chief Economic Advisor V Anantha Nageswaran on Thursday said the new Consumer Price Index (CPI) series will improve the quality of data used in formulating monetary and fiscal policies, as it better reflects current consumption patterns and economic conditions.The National Statistics Office (NSO) under the Ministry of Statistics…

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Manufacturing push vs net zero goal: Balancing growth and emissions is key challenge for India, says CEA

Balancing India’s manufacturing expansion ambitions with its net zero commitments is emerging as a key structural challenge, Chief Economic Advisor (CEA) Anantha Nageswaran said, noting that the country must grow industrial capacity even as it works to lower its carbon footprint.Speaking to ANI on the sidelines of the launch of the Niti Aayog study report…

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‘Would be surprised if pact isn’t signed by March’: CEA on India–US trade deal – Here’s all you need to know

NEW DELHI: Calling the India–US trade deal “elusive” but nearing completion, chief economic adviser V Anantha Nageswaran on Wednesday said he would be “surprised” if the pact is not sealed by March, further adding that “most issues have been resolved.““I was hoping something would be done by the end of November, but it has turned…

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‘Not losing sleep’: CEA Nageswaran on rupee touching 90 mark versus US dollar; ‘falling rupee is not affecting…’

On Wednesday, the rupee reached a historic low of 90.30 against the US dollar during intra-day trading. (AI image) Rupee has breached the 90 mark versus the US dollar for the first time ever, but the currency’s depreciation is not troubling the government. Chief Economic Adviser V Anantha Nageswaran on Wednesday said that the government…

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Economic growth may exceed 7%, GDP to cross $4 trillion mark in FY26: CEA V Anantha Nageswaran

Backed by stronger-than-expected second-quarter numbers, Chief Economic Adviser V Anantha Nageswaran on Friday said India’s economy is poised to grow at over 7% this fiscal, with the GDP set to cross the $4 trillion mark in FY26, according to PTI.Briefing reporters after the release of Q2 GDP data, Nageswaran said the economy’s current trajectory makes…

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No time to be timid, do not celebrate marketcap, derivative volumes: CEA

MUMBAI: India must avoid marking progress through “market capitalization ratios or the volumes of derivatives traded,” chief economic advisor V Anantha Nageswaran said. He called upon banks and financial institutions to become bolder, technologically sharper and more willing to take calculated risks.Speaking at the CII Financing Summit 2025, Nageswaran described marketcap and derivative volumes as…

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India’s growth to be ‘north of 6.8%’: CEA Nageswaran upbeat on FY26 outlook; cites boost from GST cuts & tax relief

NEW DELHI: Chief economic advisor V Anantha Nageswaran on Friday expressed confidence that India’s economic growth for FY26 will exceed 6.8%, supported by stronger consumption driven by GST rate cuts and income tax relief.Speaking at CNBC-TV18’s Global Leadership Summit 2025, Nageswaran said, “I am comfortable looking at a number north of 6.8 per cent now….

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