The Economic Survey seems convinced that 2019-2020 saw the bottom of the economic cycle, points out Abheek Barua, chief economist, HDFC Bank.

The NDA government was initially reticent about fleshing out its economic strategy for the future. But now that it has taken enough bold initiatives on the economic front it must have the confidence to tell us more about its approach going forward, says Abheek Barua.

Economist Abheek Barua's insight into the global and domestic economy at the turn of the financial year.

Reducing policy rates is not enough. The key is to ensure banks lend to credit-constrained borrowers.

To cut interest rates, the central bank head has to open up a debate on inflation target revision.

The dollar has fallen not just against commodity-linked assets but against other asset prices.

The economy hasn't gathered even half the traction that some of us assumed it would just a year back.

Many things are going unnoticed by India watchers.

It is important to note that slowdown in activity is really confined to a selected few regions within China.

Modi govt has a unique style of working, say experts.

If the RBI governor's logic holds, the rupee is far from being extremely overvalued.

RBI's out-of-turn rate cut has surprise few economists.

The Budget decides to take the lead in revving up infrastructure.

Getting the balance between fiscal restraint and growth-contracting policy remains a problem.

Data on the real value of the currency against other currencies tells a different story.

Most mainstream researchers agree that good governance is a necessary condition for growth.