Rajeev Malik
Rajeev Malik
current cutting deficit easy next political year
Cutting the deficit next year isn't impossible, but it's not going to be easy in the current political setting.
currently industrial investment remain spending supportive
Infrastructure spending and investment currently underway should remain supportive of industrial performance.
avoided bank explicit factors higher rates risk suggest
These factors suggest the need for higher rates but, surprisingly, the bank avoided any explicit indications of the higher risk of demand-driven inflationary pressures.
economy growth moderation next percent plus three
There will be some moderation next year. Still, I see the economy averaging a 7 percent plus growth over the next two three years.
activity bank central concerns growth industrial moderate monetary raised remain year
Industrial activity may moderate this year but will still remain strong. Monetary tightening by the central bank has raised concerns about the growth outlook.
bank central continue growth impressive momentum policy underlying
These are impressive numbers. Underlying growth momentum still suggests that the central bank should continue with policy tightening.
changes economic reforms remain
India's economic reforms remain a story of incremental changes at a glacial pace.