The World Bank on Wednesday appointed Kaushik Basu as its Chief Economist and Senior Vice President.

Basu (60) will begin his term on October 1, World Bank Group President Jim Yong Kim said in a stat

For India to grow rich, must its citizens become more honest?

It's a question that preoccupied Kaushik Basu, the government's chief economic advisor, during his term in office.

"We talk of good mor

Calling Mamata Banerjee intelligent, Chief Economic Advisor Kaushik Basu on Saturday said the West Bengal Chief Minister will realise FDI in multi-brand retail will be a ‘win-win’ situation if the ref

India's economy is expected to bounce back from October onwards, Chief Economic Adviser Kaushik Basu said on Friday.

Asia's third largest economy is growing at its slowest pace in nine years, the rup

India's chief economic adviser Kaushik Basu on Monday said 'herd mentality' of ratings agencies led to Fitch's revision of India's rating outlook to negative from stable, but added that the review was

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 Street banks,

India has prepared a contingency plan for Greece exiting the eurozone and even a collapse of the monetary union, Indian officials said on Tuesday.

The euro zone debt crisis has already put a damper o

After the flak over his remarks to a think tank here, Chief Economic Advisor Kaushik Basu feels India will see 'some important' reforms in the next six months including on subsidies and may be part

India and other members of BRICS grouping have agreed to establish a task force to come up with recommendations to set up a developmental bank, a move that has received 'good vibrations' from the W

India's economy will likely grow faster next fiscal year than in 2011-12 because of an improved external environment and a shift in policy focus from containing inflation to growth, a top government a