Quite often revenue expenditure is not what we think it is, because that revenue expenditure may be a grant or loan to a state government.

Whenever one uses words like wave or support, there is a difference between an increase in the vote share and that being converted into sea...

"It is completely understandable that the Congress would mount an attack on Mr. Modi, but the PM saying what he did, did not mesh with the ...

'Congress won't come back to power. The question is whether AAP would support BJP, if BJP falls short, or would it not,' says Debroy.

"There is a lot that the PMEAC has placed on the role of monetary policy, but it is not that important in taking care of both, the growth a...

"If the RBI decides not to slash policy rates, it will be because of the growth numbers, the inflation and the fiscal deficit, which are no...

There is a very serious deficit problem. So there have to be either tax increases or spending cuts. Whichever way it is staggered, the US e...

The uncertainty is over, but the fact is that the US is headed for a slowdown, says Bibek Debroy.

The initial trends do suggest that the BJP is not going to get as many seats as some people had predicted.

On this FDI issue, too much is being made out of it, both on the positives as well as on the negatives, many more important reforms needed,...

This is a bit late in the day to have a Cabinet reshuffle and expect that it is going to change things significantly.

The key question to ask is why did the debt happen in the first place. I don’t think all the states will accept this restructuring package.

The reform measures were partly triggered by the threat of sovereign downgrading that now looks unlikely, says Bibek Debroy.

We can not see any easing of policy rates from RBI. This is because the inflation numbers are unlikely to come down, says Bibek Debroy.

"I do not expect the reforms to be pushed through in a hurry because there has been plenty of opposition, even before the Coalgate episode,...

"I do not think anything is going to happen on FDI in retail or petroleum product prices but something on the GAAR can happen," says Bibek ...

Preferred choice will be someone who is political, has some degree of credibility. Going by this, it narrows down to AK Antony, P Chidambar...