Jahangir Aziz, Head, Emerging Market Economics at JP Morgan, praises the Indian government's budget consolidation efforts, with the fiscal ...

The concern was if the investors were disappointed you would see capital outflows taking place.

My sense is that they are moving much closer towards using monetary policy to support the economy after the pretty bad July activity number...

If you do see the Euro depreciate another 5-10 cents against dollar, this dollar strength will get transmitted to the Indian currency, says...

Looking around the markets, there is a growing number who believe that June 30 could go by and we might see a new world in the morning ther...

"My sense is that most likely we are in for a very long pause. The pause will last till the Fed rate hike cycle and other disruptions are o...

'There is no macro reason to provide the economy with any stimulus, since none of the global headwinds that we have had in the last two yea...

"My point is that the government has taken remedial revenue-enhancing measures, but it has not really made much effort to increase revenues...

"We always thought there was going to be an upside to 6%, which is why we will have a rate hike," says Jahangir Aziz.

'Based on his banking system reforms and his inflation targeting system, I would say he has had a successful first year in office,' says Az...

"Tax revenue to GDP ratio in India is appallingly low and in particular, direct taxes-to-GDP has been lower than even our neighbouring econ...

Bringing back growth is the foremost on everybody’s mind and that is where there are binding constraints in India.

As long as that cycle does not end up blowing up inflation, he (Rajan) is going to keep rates broadly unchanged in the near term.

"The fiscal deficit number depends on how much of subsidy is passed on to the next year, which in our sense is about 0.3% of GDP," Aziz sai...

"If the government is unwilling to or is unable to meet the 3 per cent fiscal deficit target, clearly the 8 per cent or the 4 per cent infl...

"WPI and CPI inflation expected to decline, but core inflation has just has not moved over the last six months from 8% and that is the worr...

Key reforms are likely to take a back seat in the next 6 to 9 months, Principal Economic Advisor in the Finance Ministry Jahangir Aziz said...