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India appears to be facing one of its toughest economic challenges in recent years. (AI image) India appears to be facing one of its toughest economic challenges in recent years. Oil, gold, fertiliser and other commodity prices are elevated. The foreign portfolio investors are continuing to sell. Imports remain unabated. Exports are facing headwinds. Remittances…
NEW DELHI: The ongoing West Asian crisis is a “live balance of payments stress test” for the country – directly impacting inflation, the exchange rate and the current account, chief economic advisor V Anantha Nageswaran said at the CII Annual Business Summit Tuesday. “Managing the current account credibly, financing it and preventing further currency depreciation…
Chief Economic Adviser V Anantha Nageswaran on Thursday said the Indian economy is well placed to withstand external disruptions and emerge stronger, asserting that the country’s macroeconomic strength built in recent years provides a cushion against global uncertainty.Speaking to ANI, Nageswaran said India had sustained growth of over 7 per cent before the recent geopolitical…
NEW DELHI: Chief economic adviser V Anantha Nageswaran Friday raised the growth forecast for the next financial year to 7-7.4% as against 6.8-7.2% projected in last month’s Economic Survey, banking on improved policy certainty due to trade agreements and an improvement in capital flows, along with high-frequency data pointing to sustained momentum in consumption and…
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…
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…
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…
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….
Chief Economic Advisor V Anantha Nageswaran has emphasised the need for long-term savings to ensure financial security as India’s elderly population expands in the coming decades. Speaking at the ‘NPS Diwas Conference on Inclusive Pensions, Innovative Solutions: Strengthening Retirement Security in India,’ he said as quoted ANI, “We have enormous responsibility towards the population at…
