Basu’s remarks comes a day after government released the data showing GDP dropped to a three-year low of 5.7 per cent during April-June.
Mumbai: India's GDP numbers are very dependable and there is no "rigging" taking place with regards to data, the World Bank's Senior Vice President and Chief Economist Kaushik Basu said on Saturday.Basu, former Chief Economic
Hyderabad: The Indian economy is expected to grow at 7 to 7.5 per cent in 2016, World Bank chief economist Kaushik Basu said today.“Roughly it is in a ballpark of the kind of figure.We (World
Kolkata: World Bank chief economist Kaushik Basu today indicated that the bank may revise its GDP growth projection for India after it goes for a stock-taking in a few months."There could be some changes in
Washington: Buoyed by the economic reform measures taken by the Indian government after coming to power in May last year, the World Bank has said that India would catch up with China's growth in the
Washington:The sharp decline in global crude oil prices gives India a rare "window of opportunity" to put its fiscal house in order and carry out the much-needed economic reforms like cutting down oil subsidy, says
New Delhi: With the rupee sliding below the 63 mark against US dollar, World Bank Chief Economist Kaushik Basu has said the country should use foreign exchange reserves to curb volatility in the currency market
Washington, Sep 6: Kaushik Basu, who till recently served as chief economic adviser in the Indian finance ministry, has been appointed as new chief economist and senior vice president of the World Bank.Announcing Basu's appointment
Kolkata, Jul 8: West Bengal Chief Minister Mamata Banerjee today asserted she remained firmly opposed to allowing FDI in multi-brand retail.Earlier in the day, Chief Economic Advisor Kaushik Basu had said in Kolkata that Banerjee
New Delhi, Jun 21: Chief Economic Advisor Kaushik Basu wants Prime Minister Manmohan Singh to take charge of the Finance Ministry after Pranab Mukherjee moves to Rashtrapati Bhawan saying that he is an extremely capable
New Delhi, Jun 20: Pitching for decontrol of diesel prices, Chief Economic Advisor Kaushik Basu on Tuesday suggested the government can start the process through a “gentle” rise in rates before leaving it open to
New Delhi, Jun 18: Rating agencies like ‘Fitch' have ‘herd' mentality and that's why they have revised India's rating outlook to negative from stable, claimed India's Chief economic advisor Kaushik Basu."There is a lot to
New Delhi, Jun 16: Advocating partial decontrol in the diesel price, Chief Economic Advisor Kaushik Basu on Friday said a report on deregulation is expected to be finalised by next week.“We feel we should go
Mumbai, June 10: Chief economic advisor Kaushik Basu has warned that if the Eurozone breaks up finally, it will be more disastrous than the 2008 global financial crisis triggered by the fall of the Wall
Mumbai, Jun 9: Days ahead of credit policy review by the Reserve Bank, Chief Economic Adviser to The Govt. Of India, Kaushik Basu on Friday said “out-of-the-box” thinking is needed in the monetary policy and
New Delhi, Apr 20: The government's chief economic adviser Kaushik Basu today sought to clarify his statement on economic reforms, saying that his opinions were not necessarily those of the government and the finance ministry.
New Delhi, Nov 4: On a day the government was battling the political fall out of petrol price hike, its economic advisor pitched for a bold decision on freeing diesel prices, which he claims would
New Delhi, Aug 8: Terming the slump in the stock market this morning as a "panic reaction", Chief Economic Advisor Kaushik Basu today said India's growth story remains intact and there was no need of
New Delhi, Mar 2: The government may be forced to hike diesel and cooking fuel prices or shell out more on oil subsidy if global crude oil prices continue to rise, Chief Economic Advisor Kaushik
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