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NR BHANUMURTHY
BJP gains in Bengal may accelerate reforms push amid economic headwindsThe dominant National Democratic Alliance constituent at the Centre has registered its maiden victory in West Bengal, retained Assam and Pu...- Weaker monsoon prediction, Iran war cloud growth outlookIndia's rural economy is faced with potential challenges. A weaker monsoon and rising farm costs from the Iran war could impact growth this...
- India's macro aspirations: Fiscal discipline will continue with thrust on reducing debtFinance Minister Nirmala Sitharaman reaffirmed the central government's strategy to reduce the fiscal deficit to 4.5% of GDP by FY26 throug...
- Govt's paved the way, private sector needs to push capex pedal: Economic SurveyThe Economic Survey has urged corporate India to invest in the private sector, as the government's capital expenditure has increased the ec...
- New govt likely to vote for populism in budgetWith the Lok Sabha election results hinting at a coalition government, economists anticipate a populist Budget focusing on welfare schemes ...
- Demand under rural jobs scheme seen 27% lower in FY25The rural development ministry has pegged the 2024-25 person-day generation target (called labour budget) at 2.21 billion under the Mahatma...
- Interim Budget: Road to reforms to go through statesStates will get a Rs 75,000 crore boost in the form of interest-free loans to pursue reforms and the assistance will be linked to stipulate...
- Poll freebies to hurt long-term growth, say expertsExperts have warned that populist promises, such as cash and travel subsidies, promised by political parties in the lead up to elections in...
- Public and private sector FY22 wage bill gap widensAs a percentage of nominal gross domestic product, the wage bill of the private sector was 12.7% in the year ended March 21, 2022, compared...
- States' capex may cross 3% of GSDPThe analysis revealed that the capex of the 16 states, which account for 80% of the GDP and the total expenditure of the states, could be a...
- Budget to support growth and shun populism, economist says“There will be some temptation to go for populist measures,” Bhanumurthy, vice chancellor of Bengaluru-based Dr. BR Ambedkar School of Econ...
- Leading indicators suggest economy on recovery path: BhanumurthyBhanumurthy, currently Vice Chancellor of B R Ambedkar School of Economics (BASE), further said in terms of the extent of economic recovery...
- Infosys, Wipro COOs to retire this year after long inningsInfosys’ and Wipro’s chief operating officers – UB Pravin Rao and Bhanumurthy BM – will both, coincidentally, retire this year. Bhanumurthy...
- May wholesale prices fall signals deflationIndependent economists said the deflation points to weak demand, but cautioned against reading too much into it because it did not give a t...
- Finance Ministry puts a leash on expenses in times of CovidThe finance ministry has barred all ministries and departments from proposing new schemes in FY21, barring those announced under the Pradha...
- Core sector growth slows to 2.1% in JulyThe sectors' performance, however, is marginally better compared to a month earlier when the growth touched a 50-month low of 0.2 per cent.
- Can't PSU banks be refinanced instead of simply looking at privatisation option?: NR Bhanumurthy, NIPFPIf we want further financial inclusion, we must go for more PSU banks, maybe in a slightly medium seized as well as larger size
- It is an optimistic survey, but we may have underestimated the extent of disruption: Swaminathan Aiyar"Frankly, can we really have such a high growth rate when exports continue to be languishing?"
- May IIP at 2.4%: RBI unlikely to cut key rates in monetary policy review, say analystsEven though IIP rose at a better than expected 2.4% analysts are of the opinion that RBI will likely maintain status quo on key policy rate...
- GDP growth seen falling to 9 Q low of 7%India's growth will slump to its lowest in nine quarters as a string of interest rate rises and lack of policy initiatives hamper industria...
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