Need war-time like prioritisation measures to deal with Covid-19 fallout: Sajjid Chinoy, Chief Economist, JP Morgan
India’s fiscal response will have to be exceptionally intelligent as emerging market countries are forced to respond with hands tied behind their backs, Sajjid Chinoy said during an expert panel discussion on the country’s Covid-19 exit strategy hosted by the National Council for Applied Economic Research (NCAER) on Wednesday.
When the virus passes, expect an equally sharp rebound in economic activity: Sajjid Z Chinoy
In 2008 we knew what the shock was and how to re...
Govt reconstitutes EAC-PM under Bibek Debroy
Apart from these two full-time members, the EAC-PM will have two part-time members as against th...
Plethora of economic reforms needed: Sajjid Chinoy
Achieving a $5-trillion target would require growth to average about 8%, which will be no mean-feat given both that global potential growth has progressively fallen in recent years.
3 things new government has to focus on in first 3 months: Sajjid Chinoy, JPMorgan
There’s need to jumpstart private capital formation as we cannot fly on one engine, says Chinoy.
RBI forms task force to see overseas Rupee
RBI task force would likely also suggest policy measures to strengthen the local markets, helping avoid wild swings in exchange rates for the rupee.
RBI forms task force on offshore rupee market
The panel will be chaired by former deputy governor of the RBI Usha Thorat.
RBI right to cut rates now: Sajjid Chinoy, JPMorgan
RBI could sit out the next meeting or two and revisit the issue in August after election, says Chinoy.
Quality of fiscal deficit is as important as quantity: Sajjid Chinoy, JPMorgan
If economy grows then fiscal numbers may end up better than what appears today, says Punita Kumar Sinha
India is more insulated from global shocks, but not immune: Sajjid Chinoy, JPMorgan
"Having raised rates in back-to-back meetings, MPC has time to assess how the uncertainties pan out."
Global investors banking on macro stability being institutionalised: Sajjid Chinoy
Some of recent acceleration in credit growth is the manifestation of a favourable base effect.
Neither fiscal nor monetary stimulus is advisable for India: Sajjid Chinoy, JPMorgan
“Some of these temporary supply shocks will reverse, growth will pick up.”
RBI acknowledges change in growth inflation dynamics: Sajjid Chinoy, JPMorgan
At this point, it is difficult for MPC to disentangle how much of this is transitory and related to demonetisation