Naresh Takkar

Articles By Naresh Takkar

9 Articles

Expert Take: Neutral stance suggests future rate action will be data-dependent

Some of the risks such as the substantial rise in global crude oil prices, accompanied by a depreciation of the rupee highlighted by the MPC in the April 2018 policy review, have come to the fore.

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Budget 2018: Prioritising growth-enhancing spendings on various sectors

Budget 2018: The revenue foregone from direct tax changes is modest relative to the funds collected by way of anti evasion measures. Moreover, the forecast of 11.5% for growth of nominal GDP for FY19 made in the Budget is in

Budget 2018: Naresh Takkar, Managing Director & Group CEO, ICRA News

RBI monetary policy: Cooling of inflation risks opening up possibility of another rate cut

In line with our expectations, the Monetary Policy Committee of Reserve Bank of India decided to leave the repo rate unchanged and retained the neutral stance of monetary policy in the second policy review for FY18.

RBI monetary policy, rbi, rbi inflation forecast, rbi forecast, RBI monetary policy latest news, new RBI monetary policy, rbi rate cut, reserve bank of india, rbi Monetary Policy Committee News

After demonetisation, Budget 2017 makes concerted effort to stimulate economic activity: ICRA’s Naresh Takkar

In light of the slowdown in the GDP growth after the note ban, the Budget has made a concerted effort to stimulate economic activity through a combination of modest tax cuts and higher spending, while remaining committed to p

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RBI monetary policy review: Raghuram Rajan statement signals continuity

No change in growth or inflation targets, policy rate, accommodative stance of monetary policy and strategy to reduce structural liquidity deficit. As the banking system is facing challenges on many fronts, speedier developme

RBI monetary policy review: Raghuram Rajan statement signals continuity

Enhancing the transmission process

Restricting repo rate cut to 25bps an appropriate step; focus on liquidity to improve transmission

Enhancing the transmission process

Further monetary easing may be limited to 25bps in 2016

As anticipated, the Reserve Bank of India (RBI) desisted from changing its key policy rate in the final bimonthly monetary policy review for 2015-16.

Further monetary easing may be limited to 25bps in 2016

RBI unlikely to change rates till Budget FY17

The central bank seems more focused on improving the efficiency of transmission of its policy actions to support growth

RBI unlikely to change rates till Budget FY17

Budgeting for growth

Relaxation in fiscal deficit target allows the govt to spend an additional estimated Rs 47,700 crore in FY16

Budgeting for growth