Need $70 billion inflows a year to bring CAD to 2.3%: Rangarajan
A steep fall in merchandise trade has caused the current account deficit (CAD) at elevated levels and India needs capital inflows of up to USD 70 billion a year for the next few years to bring it d
Diesel price hike may push up inflation in short run: PMEAC
The hike in diesel price may push up inflation in the short run but the government's move is expected to help contain fiscal deficit, leading to gains in the long run, Prime Minister's Economic Adv
Small retailers not to disappear, says Rangarajan
Chairman of the Prime Minister's Economic Advisory Council C. Rangarajan on Friday sought to allay apprehensions that neighbourhood kirana stores would disappear with increase in modern and organised
Need for policy predictability to allay investors fears: PMEAC
Prime Minister's economic advisory panel on Friday said government should pay special attention to allay investors' apprehensions on taxation front by bringing in policy predictability.
"There is
Need 9 pc growth for per capita income of about $10k: Rangarajan
India’s per capita income can reach levels of USD 8000-10,000 by 2025 from the present USD 1600 if the economy grows at 9 per cent annually, Chairman of Prime Minister’s Economic Advisory Council C Ra
Rangarajan for immediate hike in diesel, LPG prices
Widespread opposition notwithstanding, Prime Minister's Economic Advisory Council chairman C. Rangarajan has strongly favoured an immediate increase in prices of diesel and cooking gas to contain
PMEAC projects 7.5-8 per cent growth rate for 2012-13
The Prime Minister's economic advisory panel on Wednesday projected 7.5 - 8 per cent growth rate for the next fiscal and said the country can achieve a higher economic expansion if the global environm
Rangarajan sees lower GDP on slow factory growth
India's economy will grow a lower-than-expected 8 per cent during this fiscal year, a top adviser to the prime minister said, adding to a slew of forecasts showing rising inflation, slowing industrial
Low growth in developed economies may impact India: PMEAC
Uncertain market conditions globally may have some impact on India's trade and capital flows if growth rates of developed economies remain low, Prime Minister's Economic Advisory Council (PMEAC) Chair
Rangarajan pitches for decontrol of diesel prices
The Prime Minister's Economic Advisory Council (PMEAC) chairman C. Rangarajan on Tuesday favoured decontrolling of diesel prices, saying retail petroleum prices must reflect the international crude pr