Searched for
FISCAL ORTHODOXY
Taking on 'orthodoxy', Britain's new PM Truss wants to act fastThe newly elected leader of the governing Conservative Party, who will be appointed prime minister on Tuesday, will inherit one of the toug...
View: Why it's time for India to give Modern Monetary Theory a chanceStandard economics books don't teach us this. But seen in this new light, GoI does not need our money (taxes or borrowings) to spend. It is...
View: For its own political safety, if not for India’s economy, GoI must fully open the expenditure tapIn politics, as in business, the biggest risk could well be not taking one; why is GoI so afraid to spend?
View: Yes, we will breach the deficit target. But demand growth can save the economyRegrettably, one sees the same importance to penny-pinching in India —of minimising additional expenditure, of containing the fiscal defici...
View: Relief package is peanuts. India needs to triple itThe measures aimed at countering coronavirus are mostly in the right direction but hugely inadequate, he says.
Swaminathan Aiyar calls for a bigger Covid package on the lines of the US, says govt shouldn't worry about fiscal deficit to deal with once-in-a-century crisisAiyar says India should drop its fiscal deficit fascination and go all out to help the poor.
Print money to handle this once-in-a-century crisis: Swaminathan Aiyar"Our stimulus effort makes us look like pygmies compared with the rest of the world."
Stocks slump on Trump impeachment concernsForeign portfolio investors (FPI) net sold local shares worth Rs 342.4 crore on Wednesday.
FPIs turn bullish on India; but some fear weak fiscal positionFriday’s rally of more 2,000 points was supported largely by DIIs.
How Budget 2018 takes from the wealthy and urban consumers and gives to the poor IndiansThere are a dozen polls coming up and BJP, in power in 19 out of 29 states & determined to return at Centre, has plenty of messaging option...
Wrong to say central banks always have a 'bazooka' up their sleeves: Raghuram RajanRajan also took on industrial nations for expecting EMs to be "orthodox" at a time when they themselves have "thrown out the orthodoxy out ...
Increase public investment in infra, agri sectors: CPM to govtA substantial increase in public investment in infrastructure and agriculture is called for if demand is to be revived and the slowdown rev...
Monetary policy has no impact on food prices: P Chidambaram“The only way we can contain food inflation is to augment supplies, but supplies are not entirely elastic," Finance minister P Chidambaram ...
- Relieved Europe hints at more time for Greece
"We're ready to talk about the timeframe as we can't ignore the lost weeks and we don't want people to suffer because of that," Westerwelle...
- The old orthodoxy changes
Developing nations would be better off deploying capital control, agreed IMF.
- Recession abates but crisis not over yet: Experts
The global economy is showing timid signs of recovery but experts warn the crisis is by no means over and that rising unemployment and a sh...
- Governments should consider stimulus plans if possible: IMF
IMF head Dominique Strauss-Kahn said on Monday that in the current global financial crisis, those governments that could afford it should c...