Washington, April 15 (IANS) India’s economic growth remains robust, but rising global uncertainties could weigh on the outlook in the coming months, Chief Economic Advisor (CEA) V. Anantha Nageswaran said on Wednesday. Speaking at the US-India Economic Forum 2026, Nageswaran said India has sustained strong growth in recent years, but cautioned that external risks have intensified.“We shouldn’t underestimate or understate the wide range of uncertainty that prevails,” he said, referr…
Latest V. Anantha Nageswaran News & Updates
Washington, April 15 (IANS) India’s remittance inflows could come under pressure if economic disruption persists in the Gulf region, with potential losses estimated at up to $10 billion, Chief Economic Advisor V. Anantha Nageswaran said on Wednesday. Addressing the US-India Economic Forum 2026, Nageswaran highlighted the vulnerability of remittance flows to geopolitical tensions and economic slowdowns in key host countries.India received about $124 billion in remittances in 2024–25, ma…
Washington, April 15 (IANS) In the wake of the Iran-US war, rising crude oil prices and broader commodity pressures could complicate India’s inflation outlook and raise production costs across sectors, Chief Economic Advisor V. Anantha Nageswaran warned on Wednesday. Speaking at the US-India Economic Forum 2026, Nageswaran said the impact of global conflict extends beyond crude prices to a wider set of critical inputs. “It is not purely about the price of oil… it is about the commoditie…
Washington, April 15 (IANS) India faces rising risks from global conflict and energy price volatility, but enters the new financial year with a strong macroeconomic position, Chief Economic Advisor V. Anantha Nageswaran said on Wednesday. Speaking at the US-India Economic Forum 2026, Nageswaran said the government’s 6.5 per cent GDP growth forecast may be conservative, but cautioned that “we shouldn’t underestimate or understate the wide range of uncertainty that prevails.”He said …
New Delhi, March 28 (IANS) Chief Economic Advisor V. Anantha Nageswaran on Saturday said that given the considerable impact of the West Asia conflict on India’s economy, the country should leverage the fallout to redouble its recent reform efforts to enhance India’s competitiveness and preparedness. The ‘entrepreneurial mindset’ in bureaucracy, accompanied by enhanced speed of decision-making, is precisely what is called for if India is to emerge from this episode stronger, more resil…
New Delhi, Feb 27 (IANS) Chief Economic Advisor (CEA) V. Anantha Nageswaran on Friday said there is no doubt that India will become the third largest economy in the course of the next few years, as the country’s real GDP growth rate was estimated at 7.8 per cent for Q3 FY26 in the new series with 2022-23 as the base year, and 7.6 per cent for the full financial year.Answering an IANS question at a press conference here, Nageswaran said that our growth rate post-Covid has been probably one of the…
Mumbai, Feb 16 (IANS) As the highly-anticipated ‘India AI Impact Summit 2026’ kicked off in New Delhi on Monday, senior policymakers and leaders called for urgent action to use artificial intelligence (AI) to promote inclusive growth.Chief Economic Advisor (CEA) V. Anantha Nageswaran warned that every year delaying AI progress narrows economic and technological options.”India needs to act now to use the benefits of AI to promote inclusive growth,” Nageswaran said, adding the country can beco…
New Delhi, Feb 13 (IANS) As India launched the Consumer Price Index (CPI) series with 2024 as the base year, Chief Economic Advisor (CEA) V. Anantha Nageswaran has said the change better reflects household spending patterns, makes poverty estimates more accurate, adding that the new findings reveal income growth and productivity gains.The new CPI series found rising service consumption, as the share of food in domestic budgets declined and more accurate data will help fiscal and monetary policy …
New Delhi, Feb 9 (IANS) NITI Aayog released three of the eleven study reports which it has compiled on scenarios towards Viksit Bharat and Net Zero on Monday at an event held at the Ambedkar International Centre in the national capital. The remaining eight reports will be released on Tuesday.The eleven reports detail the findings of India’s first government-led, multi-sectoral, integrated study to assess development scenarios that deliver on the Prime Minister’s vision of Viksit Bharat 2047 …
New Delhi, Feb 2 (IANS) Chief Economic Advisor V. Anantha Nageswaran said on Monday that the increase in Securities Transaction Tax on derivatives trading announced in the Union Budget 2026-27 is aimed at securing household savings from highly speculative bets rather than generating revenue for the government.”The purpose (of STT hike) is not revenue generation… the purpose is to ensure hard-earned savings are used to maximise wealth in households. The SEBI has pointed out how people lose mone…