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Sourav Majumdar

Sourav Majumdar

Sourav Majumdar has been a financial journalist for over 18 years. He has worked with leading business newspapers and covered the corporate sector and financial markets. He is based in Mumbai.

May 23, 2014

High hopes: Modi won’t be able to revive the economy that easily

Inflation will remain elevated and RBI's stance will remain hawkish in the immediate context; growth will improve to 6.5% by FY16, says Goldman Sachs

May 16, 2014

BJP’s massive win: Make no mistake, this is a mandate to fix the economy

Most observers reckon the historic mandate given to the Narendra Modi-led NDA is aimed at a stable government which brings in reform and growth. But don't expect miracles right away

May 15, 2014

What the next PM needs to do to revive growth: Godrej, Birla, Piramal weigh in

The country's topmost business leaders want the next Prime Minister to take firm steps to bring the economy back on the growth path

May 13, 2014

Why a Modi-led govt can’t sack Rajan: It needs the RBI governor the most

While there were earlier murmurs in some circles about whether the RBI governor Raghuram Rajan will be allowed to continue if a non-UPA political formation took charge in New Delhi, the current economic situation brings the spotlight firmly back on RBI and the gentleman who is the chief of the monetary authority.

Feb 18, 2014

Chidambaram’s budget 2014 is nothing more than a last-ditch sales pitch

As ratings agencies have forecast, the next government in New Delhi will have to carry a huge burden on the economic front, and the rolled-over subsidies are just one part of the problem. For a Finance Minister smart enough to know the next government may not be one where he has any role to play, this was one well-crafted last-ditch sales pitch.

Feb 17, 2014

Chidambaram’s sales pitch expected but market not enthused with UPA’s report card

The astute FM knew well this was his last chance to try and showcase limited successes. And expectedly, he did rattle off his numbers to prove his point

Feb 4, 2014

Has India turned around? Not till projects generate cash, says ICICI’s Chanda Kochhar

Chanda Kochhar, CEO of the country's largest private sector bank, says the economy has bottomed out but getting projects to generate cash flows will be critical

Jan 29, 2014

As Rahul keeps country busy, Rajan springs a 25 bps hike surprise

The policy statement has several references to the Patel committee and points to the ‘glide path’ for disinflation suggested by it, wherein the objective is to have an 8 percent CPI by January 2015 and below 6 percent CPI level by January 2016. #CPI #Current Account Deficit #GDP #Inflation #Mid Quarter Review #MSF #PMEAC #Policy rate #PolicyWatch #Raghuram Rajan #RBI #Repo rate #Reserve Bank of India #Urjit Patel #WPI

Jan 22, 2014

Will the Indian economy hit a six in FY15?

Estimating that the year 2014-15 will be a year of 'fragile recovery', ratings and analytics major Crisil has said India's GDP growth for FY15 could touch the psychologically significant 6 percent, given some key conditions being fulfilled.