Krishnamurthy Subramanian

Former CEA Krishnamurthy V Subramanian appointed as next India ED at IMF

An order stated that the Appointments Committee of the Cabinet has approved the appointment of Subramanian, who is currently professor (finance) at the Indian School of Business

Hunt for new chief economic adviser starts, eligibility criteria tweaked

Subramanian's term is ending on December 6. He's decided to return to academia

Government invites applications for chief economic adviser post

Candidates from recognised universities or recognised research institutions or central regulatory bodies and registered private institutions or financial institutions are eligible

CEA Subramanian to leave finance ministry, will return to academia

Move ahead of budgetary exercise beginning Oct 12

MCA, Finance Ministry hammer out key changes to IBC at review meet

The IBBI has said that the CoC functions in an unregulated environment

Financial sector growth has been slow: CEA Krishnamurthy Subramanian

He said the Budget has made a significant push towards reforming the financial sector and adding vitality to it

Govt should spend, increase healthcare allocation: CEA to industry leaders

Speaking on privatisation, Subramanian said disinvestment would happen this year and selling Air India would be a seminal moment that would clearly signal the government's intent

Economic Survey's optimism about India's public debt looks misplaced

India will not face the problem of debt sustainability even in the worst of scenarios till 2030, the Survey observed.

Meet Team Sitharaman: Officials who are helping FM prepare Budget 2021

In today's episode, we are taking a look at the key officials involved in finalising the outline of the Budget. Listen to the podcast for more

CEA foresees V-shaped recovery in industrial production going ahead

Makes his prediction on the basis of the number of items in the IIP basket that grew in the month of October

V-shaped recovery of economic activity continued in Oct: CEA Subramanian

Chief Economic Adviser K V Subramanian on Saturday said V-shaped recovery of economic activity continued in October and both factory output and core sector growth have inched up to the pre-COVID level. The Index of Industrial Production (IIP) rose 3.6 per cent in October, mainly due to better performance of manufacturing and electricity generation sectors. The manufacturing sector, which has a weightage of 77.6 per cent in the IIP, recorded a growth of 3.5 per cent in October. In the year-ago period, the sector had a contraction of 5.7 per cent, according to data released by National Statistical Office (NSO) on Friday. "V-shaped recovery of economic activity continued in Oct... IIP & eight-core index further inched up to pre-COVID levels. The broad-base recovery in IIP resulted in a growth of 3.6 per cent in October 2020 as compared to a contraction of 6.6 per cent in Oct-19," he said in a series of tweets. Growth in IIP and eight core industries is on the back of broad-based ...

India's banking sector needs to grow for becoming $5 trillion economy: CEA

CEA K V Subramanian said that India's banking system is proportionately smaller than the size of the economy and it needs to grow for the country to become a $5 trillion economy

Next fiscal step likely after vaccine to cure Covid-19 comes: CEA

Says vaccine is not very far off and when it comes, uncertainty about the virus will considerably go down and the time will then be ripe for generating demand for discretionary spending

Market Ahead, June 24: Top factors that could guide markets today

The SGX Nifty, though, is trading with a slight cut and is indicating an open around 10,470 levels for the Nifty today

Krishnamurthy Subramanian asks private firms to stop asking govt for aid

Subramanian said that since India had a public distribution system of food grains, the country didn't need to directly transfer cash to the people to support them in times of the pandemic

Demand in economy will rise when uncertainty is not there, says CEA

According to him, this uncertainty arising out of the health factor will stay until a vaccine for Covid-19 is developed, and spending will not pick up till then

A new bad bank won't help unless existing problems are sorted: CEA

Krishnamurthy Subramanian also says India's sovereign rating being maintained and stable outlook by S&P is good news, considering India wants to list its sovereign bonds on global indices

Will take relook at GDP forecasts for FY20, FY21, but it's too early: CEA

"We clearly see a negative shock on the health side. Economically, there will be an impact"

FinMin may cut interest rates on small savings schemes for April-June qtr

The govt last cut the small savings rates for the July-September 2019 quarter, except for one scheme

PSU banks adequately capitalised, may see enhanced profits: CEA Subramanian

Recently Punjab National Bank got board approval to raise Rs 1,000 crore from market through bonds