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India no longer needs big ticket reforms but small ones to drive growth: CEA Nageswaran

India no longer needs big ticket reforms but small and basic ones to drive the growth forward, Chief Economic Advisor V Anantha Nageswaran said on Monday. Illustration: Dominic Xavier/Rediff.com......

Low nominal Q1 growth results in fiscal pressures

Going forward, India would require a substantial increase in tax buoyancy for the annual fiscal deficit target to be met even as the government maintains its support to growth through increases in......

Investment growth comes up short despite govt's capex push

Investment growth moderated slightly in the economy during the first quarter (Q1) of the current financial year (2023-24, or FY24), notwithstanding the front-loading of capital expenditure (capex)......

Services sector pushes India's Q1 GDP growth to four-quarter high of 7.8%

India recorded GDP growth of 7.8 per cent during the April-June period of 2023-24, the highest in the past four quarters, on the back of double-digit expansion in the services sector, retaining its......

'The story of inflation is not yet over'

'The actions of Indian monetary authorities will depend on how quickly they want the inflation to come down to 4 per cent.' Illustration: Uttam Ghosh/Rediff.com C Rangarajan has been governor of......

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