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U.S. nominee for top World Bank job gets positive reviews at G20 meeting The U.S. nominee to lead the World Bank, ex-Mastercard Chief Executive Ajay Banga, gained traction with leading members on Friday, a sign that he will likely have a smooth ride to confirmation by the global lender's executive board. The finance ministers of France and Germany gave positive reviews to Banga, nominated on Thursday by U.S. President Joe Biden as a surprise choice to lead the World Bank's transformation to fight climate change and other global challenges. "I th...
U.S. nominee for top World Bank job gets positive reviews at G20 meeting
U.S. nominee for top World Bank job gets positive reviews at G20 meeting
Source: IANS
25/02/2023 10:37:09 AM
Ex-CEA K. Subramanian to be India's Executive Director at IMF Former Chief Economic Adviser (CEA) Krishnamurthy Subramanian will be the Executive Director for India at the International Monetary Fund (IMF) from November onwards. The Appointments Committee of Cabinet (ACC), in an order issued on Thursday, said that Subramanian will have a three year tenure or until further orders, beginning November 1. Subramanian, who is currently a Professor at the Indian School of Business, was the Chief Economic Adviser between 2018 and 2021. The order furth...
Ex-CEA K. Subramanian to be India's Executive Director at IMF
Ex-CEA K. Subramanian to be India's Executive Director at IMF
Source: IANS
26/08/2022 9:12:58 AM
CEA K.V. Subramanian to head back to academia as tenure ends Chief Economic Adviser K.V. Subramanian will be leaving the Finance Ministry to return to academia following the completion of his "3-year fulfilling tenure". The Centre is yet to announce Subramanian's successor. "I have decided to return back to academia following the completion of my 3-year fulfilling tenure. Serving The Nation has been an absolute privilege and I have wonderful support and encouragement," Subramanian said in a tweet announcing his decision to...
CEA K.V. Subramanian to head back to academia as tenure ends
CEA K.V. Subramanian to head back to academia as tenure ends
Source: IANS
9/10/2021 9:04:23 AM
India will not be impacted US Federal Reserve likely tapering: CEA EcoChief nomic Adviser (CEA) K.V. Subramanian on Tuesday said that India will not be affected by the possible tapering of the easy monetary policy by the US Federal Reserve by the end of this year. Citing the "strong" macroeconomic fundamentals, he said that there should not be much concern. "The fact that our macroeconomic fundamentals whether it's inflation, whether it's the current account deficit, whether it's our forex reserves, you know, and and all the ...
India will not be impacted US Federal Reserve likely tapering: CEA
India will not be impacted US Federal Reserve likely tapering: CEA
Source: IANS
1/09/2021 9:51:11 AM
Disinvestment target of Rs 1.75 lakh crore on track: CEA Krishnamurthy Subramanian In a bid to help revival of the economy battered by coronavirus disease (covid-19) pandemic, Finance Minister Nirmala Sitharaman has announced a slew of measures, including Rs 1.1 lakh crore credit guarantee scheme for improving health infrastructure, and enhancing the limit under the ECLGS by 50 per cent to Rs 4.5 lakh crore for the MSME sector facing liquidity crunch. She said this comprises eight relief measures and other eight measures to support the economic growth. She announced Rs 1...
Disinvestment target of Rs 1.75 lakh crore on track: CEA Krishnamurthy Subramanian
Disinvestment target of Rs 1.75 lakh crore on track: CEA Krishnamurthy Subramanian
Source: Accord Fintech
29/06/2021 9:56:05 AM
Economy hit by COVID-19 second wave to start recovering from July: KV Subramanian Economy hit by COVID-19 second wave to start recovering from July: KV Subramanian Jun-04-2021   09:27 Hrs IST Chief Economic Advisor KV Subramanian has said the second wave of COVID-19 has affected the momentum of economic recovery. However, he also pointed that he expects a recovery in the economy from July onwards. He stated ‘now, several states have started removing many restrictions and if we speed up the vaccination drive in our country, our economy will start recov...
Economy hit by COVID-19 second wave to start recovering from July: KV Subramanian
Economy hit by COVID-19 second wave to start recovering from July: KV Subramanian
Source: Accord Fintech
4/06/2021 9:54:34 AM
Double-digit growth for FY22 uncertain, overall impact of 2nd wave may not be large: CEA As India reported a 7.3 per cent contraction in its GDP for FY21, Chief Economic Adviser (CEA) K.V. Subramanian has said that the overall impact of the second wave of Covid-19 is unlikely to be significant, although there is uncertainty over possible double-digit growth in the current financial year. Addressing the media after the release of the GDP numbers, the CEA also said that giving any actual numbers for economic forecast would not be prudent as the pandemic is evolving and the econo...
Double-digit growth for FY22 uncertain, overall impact of 2nd wave may not be large: CEA
Double-digit growth for FY22 uncertain, overall impact of 2nd wave may not be large: CEA
Source: IANS
1/06/2021 11:20:15 AM
LIC IPO to bring in Rs 1L cr, BPCL sale may fetch Rs 80k cr: CEA K.V. Subramanian The much-anticipated initial public offering (IPO) of Life Insurance Corporation of India (LIC) can bring in Rs 1 lakh crore for the government, said the Chief Economic Adviser (CEA) K.V. Subramanian. Speaking at a webinar on Saturday, the CEA said that the strategic sale of Bharat Petroleum Corporate Ltd (BPCL) is likely to bring in Rs 75,000-80,000 crore. He was of the view that the disinvestment target of Rs 1.75 lakh crore for the financial year 2021-22 was "imminently achievab...
LIC IPO to bring in Rs 1L cr, BPCL sale may fetch Rs 80k cr: CEA K.V. Subramanian
LIC IPO to bring in Rs 1L cr, BPCL sale may fetch Rs 80k cr: CEA K.V. Subramanian
Source: IANS
28/03/2021 9:23:16 AM
India requires growth at this juncture even with economic tradeoffs: Krishnamurthy Subramanian Chief Economic Advisor Krishnamurthy Subramanian has said that India requires growth at this juncture, even with economic tradeoffs, as it aspires to increase its dominance and self- reliance in the global economy. His comment comes ahead of the revision of policy framework and inflation targets by the Monetary Policy Committee headed by the RBI governor by March 31. It will be the first review for RBI since it was tasked with a mandated inflation target of 4 percent with a 2 percent deviatio...
India requires growth at this juncture even with economic tradeoffs: Krishnamurthy Subramanian
India requires growth at this juncture even with economic tradeoffs: Krishnamurthy Subramanian
Source: Accord Fintech
15/03/2021 9:43:49 AM
India`s financial sector growth has been slow: CEA Krishnamurthy Subramanian Chief Economic Advisor (CEA) Krishnamurthy Subramanian has said the country’s financial sector has not really grown as fast as it should have and is still very, very small. For instance, he said, while India is the fifth largest economy in the world, the largest Indian financial institution - SBI - is ranked 55th in the world.    On the other hand, countries which are a mere fraction of India’s size have several of their financial institutions featuring among the t...
India`s financial sector growth has been slow: CEA Krishnamurthy Subramanian
India`s financial sector growth has been slow: CEA Krishnamurthy Subramanian
Source: Accord Fintech
8/03/2021 9:56:53 AM
Access to bare necessities improves across country: Economic Survey Access to bare necessities has improved across the country and is highest in Kerala, Punjab, Haryana and Gujarat, while it is lowest in Odisha, Jharkhand, West Bengal and Tripura, the economic blueprint by Finance Ministry's Chief Economic Adviser Krishnamurthy V. Subramanian stated on Friday. The bare necessities of housing, water, sanitation, electricity, and clean cooking fuel are jointly consumed by all the members of a household. They, therefore, are durable assets. According t...
Access to bare necessities improves across country: Economic Survey
Access to bare necessities improves across country: Economic Survey
Source: IANS
30/01/2021 9:19:21 AM
Economic Survey FY21 slams `biased` sovereign credit ratings Coming down hard on sovereign credit ratings, the Economic Survey 2020-21 said that the ratings do not reflect the fundamentals of the Indian economy. Describing the sovereign credit ratings as "noisy, opaque and biased", the document prepared by the Finance Ministry's Chief Economic Adviser Krishnamurthy V Subramanian said that these credit ratings also damage flows of foreign portfolio investments. The survey questioned whether India's sovereign credit ratings reflec...
Economic Survey FY21 slams `biased` sovereign credit ratings
Economic Survey FY21 slams `biased` sovereign credit ratings
Source: IANS
29/01/2021 3:26:23 PM
What is Economic Survey Now Get InvestmentGuruIndia.com news on WhatsApp. Click Here To Know More The Economic Survey is nothing but an annual document prepared by advisers to the finance minister and tabled in the Parliament a day before the Union budget. This year the Economic Survey has been prepared by the new Chief Economic Advisor Krishnamurthy Subramanian who will roll out his first official survey on July 4. A flagship document of the finance ministry, the Economic Survey is a review of the de...
What is Economic Survey
What is Economic Survey
Source: HT Media
1/07/2019 11:50:49 AM