Dinesh Unnikrishnan

Dinesh Unnikrishnan

articles by Dinesh Unnikrishnan

Business

In Q3, non-government GDP actually grew by just 3.9%; economy is in ICU, needs an urgent booster shot

The highlight of the December quarter GDP data is not just the GDP numbers alone, but the massive revisions of the past data

India

With no trade deal signed, Donald Trump-Narendra Modi jamboree was about two men, not two countries

Throughout his visit, Trump conducted himself like the seasoned businessman that he surely is, someone who never lets a deal happen unless it isn’t beneficial to his side.

Business

Government needs a pool of quality advisers to revive growth; economists can save economy, not historians

Sitharaman, who took over the Union finance minister’s hot seat from late Arun Jaitley, had just delivered a disappointing national Budget that fell way short of expectations

Business

Trend of high inflation, low growth continues: No strong revival signs yet; all we have are warning signals

The twin set of macroeconomic data released on Wednesday doesn’t augur well for the economy

Business

RBI holds policy rates: Central bank is caught in a tight spot to balance growth and inflation worries

The Budget announced by finance minister Nirmala Sitharaman was a lost opportunity to revive the demand scenario

Business

Nirmala Sitharaman’s record 160-minute long Budget speech a missed opportunity to revive a floundering economy

The decision to sell part of government stake in LIC and list shares on stock exchanges is one big announcement made in the Budget and will be seen with a lot of interest by the investors.

Business

Economic Survey 2020: CEA K Subramanian takes on predecessor Arvind Subramanian for questioning India’s GDP numbers

The Economic Survey has projected a 6-6.5% GDP growth for 2020-21. But, there will be much skepticism on this number given that in the last survey, the growth was projected at 7% whereas the actual growth is likely to end up around 5%.

Business

No harm in disputing IMF projections on India, but cannot ignore hard realities on growth front

In January 2019, IMF’s forecast for India was 7.5 percent. This was revised down to 7.3 percent in April, further down to 7 percent in July, 6.1 percent in October and now to 4.8 percent.

Business

India slips in The Economist’s Democracy rankings: Soon after IMF's GDP growth cut forecast, another grim outlook hits stumbling economy

The Economist list came just hours after the International Monetary Fund (IMF) cut India’s 2019 GDP growth sharply and cautioned on the rising social unrest

Business

Budget 2020: Banking sector is feeling the heat of economic slowdown; can Nirmala Sitharaman clear the mess?

In a normal scenario, these suggestions make sense. But, the state of Indian banking sector is far from normal.

Business

CPI inflation at over 5-year high: RBI likely to be cautious before next rate cut; has a tough task ahead to balance growth, rising prices

With retail inflation for December at 7.35 percent, the central bank will be in a cautious mode before considering further rate cuts in policy despite a slowing economy

Business

IIP has grown just 0.6% this fiscal so far vs 5% in last year; economic recovery depends on how govt spends in Q4

It will take a few more months to understand whether the uptick in the November factory output indicates the beginning of a revival trend

Business

Union Budget 2020: Finance Minister Nirmala Sitharaman has her task cut out for crisis-ridden banking sector

In a normal scenario, these suggestions make sense. But, the state of Indian banking sector is far from normal.

Business

Budget 2020: If government is serious about growth revival, it shouldn’t be too focused on fiscal deficit target

The economic growth is dragged by a poor show in the manufacturing sector, lower revenue collections hampering the ability of the government to ramp up spending and the absence of consumer demand in Asia’s third-largest economy.

Business

With this fiscal's estimated GDP growth set to be the lowest in 11 years, here’s a look at how it will impact the common man

The GDP can’t be taken as just another routine economic data government puts out; it is a vital summary of the real economic activity on the ground

Business

Narendra Modi govt's Rs 102 lakh cr infrastructure target is a wishful thinking; the devil lies in the details

Over a Rs 100 lakh crore will be pumped into the infrastructure department that will help achieve the $5 trillion dream, the government claims.

Business

In 2020, muted credit growth, not bad loans, will be banks’ main concern; a lot will depend on early economic rebound

In the first seven months of the current financial year, the credit growth to large industries contracted by 3.4 percent as against a growth of 0.2 percent in the year-ago period.

Business

NPA divergence of Rs 29,000 cr in 12 banks: Why there is more to accounting jugglery than meets the eye

Starting with private sector lender Yes Bank to the country’s largest lender, SBI, a dozen banks have reported divergence on their gross NPAs that has taken the shareholders by surprise.

Business

For India's $5 trillion dream to materialise, high quantity investments are in order; govt must acknowledge this reality

For India to reach the $5 trillion economy target, it needs to grow at 9 percent per annum, which is out of the question now

Business

Citizenship mayhem is perfect smokescreen for government to hide real economic issues, but the clock is ticking

Gita Gopinath’s comment should serve as a big warning to the Narendra Modi government to get its focus back on economy.