- India
- International
The writer is chief India economist, J.P. Morgan.
February 02,2024 07:07:07 AM
The large fiscal consolidation in an election year is bold, necessary and must be complimented. The baton must now be passed
Fri, Feb 02, 2024August 08,2023 06:10:19 AM
Muscular industrial policy is the latest among a slew of policy errors since the global financial crisis
Tue, Aug 08, 2023February 01,2023 20:15:04 PM
Are there risks to monitor? There always are. But for now, the budget brings much-needed predictability and continuity
Thu, Feb 02, 2023December 19,2022 07:28:54 AM
Sajjid Chinoy writes: Economies will be beset by a plethora of “known unknowns” in 2023. In responding, policymakers will need to internalise the tightening of the past, while still grappling with the imbalances of the present, but acting and guiding for the future
Mon, Dec 19, 2022March 04,2022 03:35:19 AM
Sajjid Z. Chinoy writes: Surging oil prices constitute discernible terms of trade shock and will necessitate deft macro management
Fri, Mar 04, 2022November 19,2021 04:30:17 AM
Sajjid Z. Chinoy writes: These challenges will emerge when digital currencies gain traction. Policies must prepare for the transition
Sat, Nov 20, 2021June 04,2021 03:00:14 AM
His desire to embrace what’s best for the country was reflected in his non-ideological approach to economics.
Fri, Jun 04, 2021April 14,2021 03:16:12 AM
While policymakers may not have the conventional fiscal and monetary policy space deployed in 2020, what they have now is the ability to use a ‘vaccine stimulus’ to combat repeated COVID waves.
Wed, Apr 14, 2021February 08,2021 04:45:10 AM
Budget's success, and in turn the sustainability of India’s recovery, will now come down squarely to policy execution and coordination.
Mon, Feb 08, 2021January 11,2021 03:51:49 AM
India’s faster-than-expected rebound is very encouraging. But given labour market pressures and prospects of a K-shaped recovery around the world, the economy will need to be carefully nurtured and stoked.
Mon, Jan 11, 2021December 05,2020 04:00:15 AM
So even as economies heal from COVID-19, the distribution of incomes across capital and labour risks becoming very skewed in favour of capital. Why does this matter? Equity issues apart, this portends ominously for future demand.
Sat, Dec 05, 2020November 19,2020 03:05:51 AM
There are no silver bullets or quick fixes. Only a well-thought-out and sequenced reform plan. One that Reclaiming lays out meticulously and comprehensively.
Thu, Nov 19, 2020May 19,2020 02:18:32 AM
The corona crisis has highlighted the criticality of social infrastructure. India must monetise existing assets in the public sector to fund growth-enhancing investments in physical and social infrastructure.
Tue, May 19, 2020March 12,2020 01:18:11 AM
The global market mayhem reflects an unprecedented intersection of worldwide demand destruction, an adverse supply chain shock from China, and a positive oil shock.
Thu, Mar 12, 2020August 31,2019 01:00:13 AM
Stimulative impact of RBI transfer is lower than presumed. Sustained reforms remain key
Sat, Aug 31, 2019July 06,2019 00:07:06 AM
All told, the budget has performed an artful balancing act against a difficult macro backdrop. The big themes — financial, external, fiscal — are all well-intentioned. Now, the authorities must walk the talk with equal skill.
Sat, Jul 06, 2019July 03,2019 01:53:58 AM
Fiscal tightening will accentuate growth slowdown, fiscal stimulus will hurt monetary transmission. There is a third way.
Wed, Jul 03, 2019January 11,2019 00:10:41 AM
Policymakers have done well in the last few years to ensure macroeconomic stability. They must not now give in to the clamour for fiscal, monetary and regulatory easing.
Fri, Jan 11, 2019February 09,2018 00:06:19 AM
Global markets are finally reconciling themselves to the fact that the goldilocks story of 2017 was always too good to be true.
Fri, Feb 09, 2018September 30,2017 00:50:23 AM
Economy could be in a temporary supply shock. Fiscal stimulus will only accentuate external imbalances
Sat, Sep 30, 2017April 19,2017 01:39:49 AM
Current buoyancy in global markets is misleading. Structural flaws have not been corrected, economic nationalism is surging and we could be heading towards an economic malaise
Wed, Apr 19, 2017July 19,2016 00:06:42 AM
India has institutionalised its monetary policy framework in two years; this has to be taken to its logical conclusion
Tue, Jul 19, 2016March 01,2016 00:17:02 AM
A batsman’s mettle is judged more by the deliveries he lets go. FM does well to resist the lure of spending recklessly in the name of growth
Tue, Mar 01, 2016January 26,2016 00:00:04 AM
Asset sales are the way for government to protect credibility while avoiding procyclical fiscal stance
Tue, Jan 26, 2016November 11,2015 00:22:39 AM
If there is to be competitive federalism, borrowing costs for states with varying deficits can’t be the same.
Wed, Nov 11, 2015