Krishnamurthy Subramanian

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Union Bank of India shares plunged 6% today; here's why

May 06, 2025, 04:37 PM IST

Union Bank share price: The scrip traded lower than the 5-day, 10-, 20-, 30-, 50-day and 200-day simple moving averages (SMAs) but lower than the 100-day and 150-day SMAs.

Krishnamurthy Subramanian exits IMF board with six months left in his term

May 03, 2025, 09:34 PM IST

Subramanian’s exit comes ahead of the IMF’s Executive Board meeting scheduled for May 9, which will review funding arrangements for Pakistan.

'NEVER passed peer review': Ex-CEA blasts Kerala Congress for citing 'sloppy' GDP study to question $4.3 tn claim

Mar 26, 2025, 06:57 PM IST

India is now the world’s fifth-largest economy and is set to surpass Japan by the third quarter of FY25.

'Hope other industrialists...': Ex-CEA K Subramanian lauds Zoho's Sridhar Vembu for focus on R&D

Jan 27, 2025, 09:48 PM IST

Zoho Corp’s Sridhar Vembu stepped down as CEO to focus on research and development

'I don't need anyone's largesse...': Krishnamurthy Subramanian slams bias jibe, says 'took 90% pay cut for govt'

Jan 04, 2025, 12:34 PM IST

However, the 'real sacrifice', he said, was being far from his parents during critical moments: “The value of being with parents when they need the most can’t even be estimated.”

Why Indians do so well in US? Ex-CEA K Subramanian wants Indian policymakers to reflect

Dec 29, 2024, 05:12 PM IST

"India must aspire to grow at 8% consistently and become a prosperous nation," Subramanian said while reacting to a tweet by Vembu.

'Taxing popcorn for 0.013% revenue? Ex-CEA K Subramanian questions rationale behind 18% GST, advises babus to use data

Dec 23, 2024, 11:37 AM IST

The GST Council on Saturday recommended 5% GST on salted popcorn, 12% on pre-packaged and labeled popcorn, and 18% on caramelised popcorn.

'Complexity is a bureaucrat's delight': Ex-CEA K Subramanian reacts to 18% GST on caramelised popcorn

Dec 22, 2024, 03:06 PM IST

On Saturday, the GST Council recommended 5% GST on salted popcorn, 12% on pre-packaged and labelled, and 18% on caramel popcorn.

India Will Be An Economy Rubbing Shoulders With The Largest Economies By 2047

Aug 21, 2024, 12:54 PM IST

In a conversation with Business Today TV at BT@100, the former Chief Economic Advisor and current Executive Director to the IMF, Krishnamurthy Subramanian discusses the challenges India will face leading up to its 100th year in 2047. He shares, "If we can grow at 8%, we will be an economy rubbing shoulders with the largest economies by our 100th year." He also adds that China and Japan grew their GDP by more than 20 times despite facing tough geopolitical conditions like the Vietnam War and the oil shock. Therefore, with sound policies, India is capable of achieving a $55 trillion economy by 2047.

#Adani BTIndiaAt100 | IMF’s K Subramanian On Path & Impact Of India’s Emergence As Global Superpower

Aug 20, 2024, 09:52 PM IST

Join Krishnamurthy Subramanian, Executive Director of the International Monetary Fund (IMF), for an insightful session at the #Adani BTIndia@100 Summit. As global growth remains sluggish, India is emerging as one of the world’s fastest-growing large economies, and its potential to reshape the global economic landscape is becoming increasingly evident. In this session, Subramanian will explore the opportunities and challenges facing India as it asserts its growing economic influence on the world stage. He will delve into transformative changes shaping India’s future, offering a comprehensive view of how the nation can leverage its economic momentum to achieve sustainable and inclusive growth. The 3rd Edition of the Adani_BTIndia@100 Summit, held at Delhi’s Bharat Mandapam, will address key areas such as economic reforms, education and skills enhancement, healthcare improvement, and environmental sustainability. Discussions will also focus on sector-wise growth strategies to boost GDP, foster inclusion, and advance the digital economy. This pivotal event brings together visionaries, business leaders, policymakers, and thought leaders to share insights and strategies, emphasizing the importance of collaboration and innovation for India’s future and a Viksit Bharat. Don’t miss this opportunity to gain a global perspective on India’s economic ascent and its role in shaping the future.

#Adani BTIndiaAt100 | IMF’s K Subramanian: India Can Become A $55 Trillion Economy By 2047

Aug 20, 2024, 09:35 PM IST

At the Adani_BTIndia@100 Summit, Krishnamurthy Subramanian, Executive Director of the International Monetary Fund (IMF), shared his optimistic projection for India's economic future. He estimated that by 2047 when India celebrates 100 years of independence, the country could become a $55 trillion economy. While acknowledging that this ambitious goal may seem daunting, Subramanian drew parallels with Japan and China's rapid economic growth during challenging periods, emphasizing that India's path is not only achievable but also backed by robust economic fundamentals. Subramanian highlighted the significant role of controlled inflation and currency depreciation in reaching this target. He pointed out that since the implementation of India's inflation targeting regime in 2016, inflation has averaged 5%, a significant decrease from the 7.5% average prior to 2016. This controlled inflation is expected to lead to a more stable rate of currency depreciation, which, when combined with sustained real GDP growth of 8%, forms the basis of his $55 trillion projection.