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…
Latest V. Anantha Nageswaran News & Updates
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…
Amroha, Feb 1 (IANS) An artist from Uttar Pradesh’s Amroha, Juhaib Khan, created a six-foot sketch of Finance Minister Nirmala Sitharaman on a wall as the Union Budget 2026 is being presented. Speaking to IANS, Juhaib Khan said, “I create paintings based on real events using charcoal. As the budget is being presented today and Nirmala Sitharaman is presenting it for the ninth time, I decided to make a six-foot sketch of her.”In the artwork, Khan has depicted wheat grains, a happy family, and a…
New Delhi, Feb 1 (IANS) The Cabinet on Sunday approved the Union Budget 2026-27 during a meeting in Parliament chaired by Prime Minister Narendra Modi.A meeting of the Union Cabinet was held at Sansad Bhawan at 10 a.m., and after the Cabinet’s approval, Finance Minister Nirmala Sitharaman proceeded to Parliament to present the Budget.Earlier, FM Sitharaman met President Droupadi Murmu and offered her a copy of the digital budget.The President also offered ‘dahi-cheeni’ (curd and sugar) to Sith…
Mumbai, Jan 31 (IANS) India’s stock exchanges will hold a regular live trading session on the Union Budget 2026-27 on February 1, despite being a Sunday.Historically, Budget presentations were done on February 1 while markets have opened for trading even when the date fell on a weekend.Finance Minister Nirmala Sitharaman will present the Union Budget 2026‑27 at 11 am in the Lok Sabha on February 1.The National Stock Exchange said in a circular that “On account of the presentation of the Unio…
New Delhi, Jan 30 (IANS) Political reactions poured in on Friday after Union Finance Minister Nirmala Sitharaman tabled the Economic Survey 2025-26 in Parliament, with leaders across parties offering sharply contrasting assessments of the country’s economic trajectory, growth projections and sectoral challenges.Welcoming the findings, Uttar Pradesh Minister Anil Rajbhar highlighted India’s rapid rise in global economic rankings.“Facing the challenges of the Covid era, India became the worl…