Articles by Sourav Majumdar
May 23, 2014
High hopes: Modi won't be able to revive the economy that easilyInflation 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 economyMost 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 inThe 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 mostWhile 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 pitchAs 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 cardThe 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 04, 2014
Has India turned around? Not till projects generate cash, says ICICI's Chanda KochharChanda 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
Feb 03, 2014
Private equity deals save the blushes for Deal Street in 2013Array
Jan 29, 2014
As Rahul keeps country busy, Rajan springs a 25 bps hike surpriseThe 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.
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.