Economist

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Economist - Total results - 40
India's first quarter GDP growth likely to be weakest since 2012; coronavirus, lockdown halted economic activity: Poll
Business

India's first quarter GDP growth likely to be weakest since 2012; coronavirus, lockdown halted economic activity: Poll

Forecasts for gross domestic product (GDP) data, due to be released on 29 May, ranged between +4.5 percent and -1.5 percent, underscoring the widespread uncertainty on the impact of the coronavirus on the economy at that stage.

P Chidambaram slams state of economy citing reports in foreign magazine, says companies read such reports
Business

P Chidambaram slams state of economy citing reports in foreign magazine, says companies read such reports

The former finance minister, P Chidambaram, had asked his family to tweet on his behalf.

Govt breaching 3.3% fiscal deficit target no big deal, but then why do we need FRBM Act that no one is serious about?
Business

Govt breaching 3.3% fiscal deficit target no big deal, but then why do we need FRBM Act that no one is serious about?

The government had estimated a fiscal deficit of Rs 6.24 lakh crore, or 3.3 percent of the GDP, for the current fiscal. But, for April-November itself, deficit stood at Rs 7.16 lakh crore, or 114.8 percent of the target.

Inflation eased in November to 16-month low on decline in food, fuel prices: Reuters poll
Business

Inflation eased in November to 16-month low on decline in food, fuel prices: Reuters poll

With energy and food prices, which account for a major chunk of India’s consumer price index basket, falling sharply, the trend of relatively stable inflation over the past two years is expected to continue.

Gita Gopinath faces tough global landscape to navigate, says IMF chief economist Maury Obstfeld
Business

Gita Gopinath faces tough global landscape to navigate, says IMF chief economist Maury Obstfeld

Gita Gopinath, who will assume the office in January, is the second Indian to be appointed to the role of chief economist after Raghuram Rajan.

Arvind Subramanian quits as chief economic advisor: 'I will miss his dynamism, energy, intellectual ability,' says Arun Jaitley
Business

Arvind Subramanian quits as chief economic advisor: 'I will miss his dynamism, energy, intellectual ability,' says Arun Jaitley

Subramainan's three-year term in office, which was to end on 16 October 2017, was extended by one year, by the then finance minister Arun Jaitley said last September.

China remains largest developing country in the world despite low per capita GDP, says economist Wang Yuanhong
World

China remains largest developing country in the world despite low per capita GDP, says economist Wang Yuanhong

China remains the world's largest developing country despite a low per capita GDP and weak industrial competitiveness according to economist Wang Yuanhong.

PMEAC's economy revival strategy: Why Narendra Modi shouldn’t shy away from fiscal stimulus
Business

PMEAC's economy revival strategy: Why Narendra Modi shouldn’t shy away from fiscal stimulus

What the economy urgently needs is solutions to come out of the slowdown phase. Among them, demand revival is key

The Economist 'likes' Facebook groups to friend larger US audience
World

The Economist 'likes' Facebook groups to friend larger US audience

Reaching the community rather than simply delivering a product is fast becoming the gold standard of news marketing. Bucking the so-called trends on social media content can indeed lead to increase in reader traffic and from there onto revenue gains. A more detailed Q and A with the moderator of the The Economist FB group Democracy in America is at the end of this piece.

Emmanuel Macron's elected MPs include economist, maths genius, tech entrepreneur and genocide survivor
World

Emmanuel Macron's elected MPs include economist, maths genius, tech entrepreneur and genocide survivor

President Emmanuel Macron's year-old Republic on the Move party (LREM) won a huge parliamentary majority that boasts scores of lawmakers never before elected

Tweak personal tax to put money in commonman's pocket: Axis Bank's Saugata Bhattacharya
Business

Tweak personal tax to put money in commonman's pocket: Axis Bank's Saugata Bhattacharya

Keeping the current economic environment in mind, the government should consider spending on stimulus spending rather than looking at fiscal consolidation

Manmohan jibe on Modi’s note ban shows in the long run we pick only convenient quotes
Politics

Manmohan jibe on Modi’s note ban shows in the long run we pick only convenient quotes

Manmohan Singh's demonetisation speech in Rajya Sabha gave validity to his detractors' claims that he is an 'overrated economist and underrated politician'.

Raghuram Rajan: Do not personalise RBI office, it will survive any governor
Business

Raghuram Rajan: Do not personalise RBI office, it will survive any governor

The Economist quoted him as saying while looking down, the ships sailing to nearby docks provide clues as to the buoyancy of foreign trade.

Crony capitalists, inept babus feel the heat as Modi tightens screws of a creaky system
Business

Crony capitalists, inept babus feel the heat as Modi tightens screws of a creaky system

Couple of recent markers suggest that the Modi regime is working behind the scenes to ensure a cleaner and more efficient government which was part of its campaign promise in 2014.

Maths equations + airplane passenger = flight threat? Try telling that to Guido Menzio
World

Maths equations + airplane passenger = flight threat? Try telling that to Guido Menzio

An Italian economist says his flight was delayed for over two hours after a fellow woman passenger saw him working on an equation she thought was some special secret terrorist code and alerted the cabin crew.

Services sector PMI hits 19-month high in January
Business

Services sector PMI hits 19-month high in January

India's services sector activity touched a 19-month high in January driven by strengthening underlying demand and improved weather conditions

After The Economist writes on BJP's Bihar loss, PM Modi writes of India's 'social strengths' in special issue
India

After The Economist writes on BJP's Bihar loss, PM Modi writes of India's 'social strengths' in special issue

Against the backdrop of the "intolerance" debate, Prime Minister Narendra Modi has said that India has tremendous social strengths, including pluralism.

Pearson sells entire stake in Economist magazine publisher
Business

Pearson sells entire stake in Economist magazine publisher

London-based Pearson has agreed to sell its 50 percent stake in the publisher of the Economist magazine to Italian investment group Exor.

Grexit: Why Amartya Sen and Thomas Piketty are right about Germany
Business

Grexit: Why Amartya Sen and Thomas Piketty are right about Germany

As economic history has shown more than once, whenever people in decision making positions forget what Keynes said, the world usually ends up in a bigger mess.