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Madhusudhanan S
S. Madhusudhanan is an Economist with over 16 years' of experience across various government departments and author of the book "Inflation: An Economic Phenomenon That Matters" currently available on Amazon.
Articles By This Author
A structural analysis of capacity slack in India’s manufacturing sector
On 6 February 2026, the Reserve Bank released the results of the Order Books, Inventories and Capacity Utilisation Survey (OBICUS) for the manufacturing sector in Q2:2025-26.
Decoding RBI’s recent MPC meeting, and its key decisions on digital payments
The Monetary Policy Statement was announced by the Reserve Bank of India’s Monetary Policy Committee (MPC) on 6 February 2025.
‘Catch them young’ will soon be passé, if this report becomes reality
On 23 January 2026, the Reserve Bank of India (RBI) released a report titled ‘State Finances: A Study of Budgets of 2025–26’. The report points to a vital demographic turning moment where India’s fiscal landscape is being radically transformed by different state-level age structures.
Union Budget 2025-26: Reconciling intent with fiscal capacity
Union Finance Minister Nirmala Sitharaman presented her ninth consecutive Union Budget 2026-27 on February 1, 2026, becoming the first Finance Minister to do so.
Economic Survey 2025-26 — An analysis
The overall sentiment of the Economic Survey 2025-26 is the “Goldilocks Moment” — a rare state of high growth and low inflation, which has propelled India to become the fourth largest economy in the world, surpassing Japan.
Three fiscal risks to watch for, in Budget 2026
As the Union Budget 2026 approaches, the stakes are unusually high, as fiscal consolidation remains a priority for the government. However, numbers alone will not capture the full story and challenges ahead.
WEO Update: IMF calls for policy stability as global growth looks fragile
The World Economic Outlook update was published by the International Monetary Fund (IMF) on January 19, 2025 and was titled “Global Economy: Steady amid Divergent Forces”.
India’s 2026 policy dilemma: Fiscal discipline or growth?
As we enter 2026, fiscal consolidation is no longer an option but a necessary imperative for India. Big challenges present themselves in the new year — an employment problem, growing debt, and growth sustainability, along with the need to stem inflation.
FAE 2025‑26: Keen eyes on Budget as market senses promising vibe
The First Advance Estimates (FAE) of Gross Domestic Product (GDP) for 2025 26 was released on 7 January 2026. The FAE provides an advance assessment of the economic performance of the current fiscal year (FY 2025 26). Based on data available up to November 2025, these estimates are critical as they form the baseline for the Union Budget.
World Bank Report 2026 out, ‘India Shining’, an economic reality…
The Global Economic Prospects report was published by the World Bank on January 13, 2025. The report claims that in 2025, the world economy showed resilience in the face of trade disputes and uncertain policy. Increased investment in artificial intelligence, a strong risk appetite, and hoarding of products were the causes of this resilience.