Economic Reforms News

IMF Managing Director Kristalina Georgieva urged countries to keep trade as a key engine of global growth despite rising tariffs. She highlighted the need for large-surplus countries like China to boost domestic consumption, while deficit countries like the U.S. should reduce fiscal imbalances. Georgieva also emphasized the role of AI investment in driving global growth, but warned it could widen economic disparities between rich and poor nations. On geopolitics, she welcomed the recent ceasefire in Gaza, noting it would benefit the region's economies, including Egypt, Jordan, Lebanon, and Syria. Georgieva stressed the importance of sustaining lasting peace for global economic stability.

Chris Wood, the global head of equity strategies at Jefferies publishes a popular weekly newsletter called Greed & Fear. In this edition of the note, Wood says that the fundamental and structural reforms in the 2 5-year terms of PM Modi's government have helped India realise its full potential. In fact, he went on to quote a note written 21 years ago, and emphasised how India has changed in the last 10 years. Watch

Referring to the new PSE policy announced in 2021, the FM said PSEs need to be aware of the competition they will face from the private sector for whom the government has opened the strategic sectors.

Not keeping states in good humour may nix Centre’s structural reforms plan

Media chatter on reforms peaks during economic downturns in democracies and is often followed by actual policy changes, finds new research

It says tensions with China do not pose an immediate threat to India’s sovereign credit ratingMost likely the govt has to spend a bit more through more relief measures, Fitch says

The complex challenge of reviving India’s economy connects business with society, policy, technology, science and medicine, among other spheres of human endeavour, says Krea University vice-chairman Kapil Viswanathan. In partnership with the university, Mint invited luminaries of its governing council to share their perspectives on the best way forward for the country. This is the first edition of a knowledge series initiative

Rather than big bang measures or a stealthy agenda, we can count on small but significant improvements

More crucially, what’s missing is the national determination of the 1991 reforms

New Delhi’s recent actions suggest that it is getting serious about addressing structural bottlenecks to economic growth