While India's GDP is estimated to grow 9.2 per cent in 2021-22, Basu said since this comes after a contraction of 7.3 per cent in 2019-20 d...

Economic models suggest that loss of interest income is made up by a rise in demand and wages, as per views put forth at MPC meeting.

Economists are embracing models that suggest that only some savers lose out but a chunk of them gain through higher economic activity. RBI ...

For all the hardships that year 2020 had, the Economic Survey 2020-21 is mostly on expected lines. The Part II of the Survey presents the e...

"COVID-19's epidemiological dynamics are still rapidly evolving in India, rendering difficult an accurate assessment of its full macroecono...

It is thereby crucial to ensure the growth turnaround is durable and sustainable, even if slower in the short-term.

More important, is it possible that an RBI overactive in traditional inflation control measures may have made matters worse?

Cambridge-based macroeconomist Michael Kitson warned that there is potential for very poor global performance over the coming decade.

The Economic Survey has never been on the must-grab list of design aficionados, although Chief Economic Adviser Kaushik Basu has taken baby...

In a recent paper presented at the Indian Statistical Institute, chief economic advisor to the government Kaushik Basu has deliberated on t...

Back in the late 1990s, in America at least, two schools of thought pushed for more financial deregulation- broadly that of Republican Part...

Economists have been debating the pros and cons of fiscal stimulus since the 1930s, when John Maynard Keynes diagnosed the problem as one o...

In a true liquidity trap, neither conventional nor unconventional monetary policy works, as transmission channels break down.

When inflation goes up, what happens to the saving rate? Anecdotal evidence does suggest a negative correlation.

Over a decade of writing for The Economic Times, Dr Duvvuri Subbarao has voiced his views on a range of subjects. We bring excerpts that of...

But economics is not evidence-based in selecting its theoretical paradigms. Economic policy initiatives are often taken without all the emp...

The duo has been awarded for their research work on economic policy making and business cycles.