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State of the Economy podcast with Shishir Sinha

State of the Economy podcast with Shishir Sinha

The Hindu businessline 11 Episodes Aug 3, 2026

The podcast focuses on India's economy, which is often described as a bright spot amid global slowdown, yet still faces contradictions across sectors. Host Shishir Sinha decodes the Indian economy and high-frequency economic indicators to help listeners understand current trends. It examines both strengths and areas of weakness, aiming to provide a clearer picture of the country's economic performance and what it means for the future.

Episodes

India’s economy at a crossroads: Robust revenues, emerging headwinds
India’s economy at a crossroads: Robust revenues, emerging headwinds Aug 3, 2026 1167 India’s latest high-frequency economic indicators present a mixed, yet broadly resilient, picture. In this episode of State of the Economy, businessLine’s Shishir Sinha speaks with Arun Singh, Chief Economist at Dun & Bradstreet, to examine the significance of record GST collections, rising import-linked tax revenues, trends in the newly introduced Index of Services Production (ISP), and the evolv
El Niño and weak domestic GST collections signal approaching headwinds for rural demand
El Niño and weak domestic GST collections signal approaching headwinds for rural demand Jun 5, 2026 995 In this episode of State of the Economy podcast, Shishir Sinha speaks with economist Rumki Mazumdar of Deloitte on India’s key high-frequency indicators. They discuss fiscal trends, GST collections, industrial output, inflation, and growth outlook amid global uncertainty and energy price volatility. The conversation highlights strong government support to the economy alongside fiscal discipline.
GST strong, consumption faces headwinds as risks mount
GST strong, consumption faces headwinds as risks mount May 2, 2026 999 In this episode of State of the Economy, Shishir Sinha speaks with Ranen Banerjee, Leader, Economic Advisory Services at PwC India, on what the latest high-frequency indicators reveal. April’s record GST collections are increasingly driven by imports, pointing to softer domestic demand. The Podcast looks at the impact of tariffs and Middle East tensions on exports, input costs and MSMEs, and why
Supply shocks and fiscal math: How the war is stress-testing India’s economy
Supply shocks and fiscal math: How the war is stress-testing India’s economy Apr 4, 2026 997 In this episode of Businessline’s State of the Economy, host Shishir Sinha speaks with Kanika Pasricha, Chief Economic Advisor at Union Bank of India, to decode the early economic impact of geopolitical disruptions through high-frequency indicators. From the sharp dip in manufacturing PMI driven by cost escalation and supply-side shocks, to why retail inflation remains capped—for now—the discuss
Post-COVID catch-up: Is 7–8 per cent GDP growth enough for India?
Post-COVID catch-up: Is 7–8 per cent GDP growth enough for India? Mar 3, 2026 937 In this episode of State of the Economy podcast, host Shishir Sinha talks to Yuvika Singhal, Economist at QuantEco, on India’s post-COVID growth prospects and GDP revisions. Singhal highlights stable growth of 7 per cent and over, methodological improvements, and fiscal implications. They discuss how rising crude prices and geopolitical events could influence growth and inflation, while GST and PM
How India plans to stay competitive amid global turbulence | CEA V Anantha Nageswaran explains
How India plans to stay competitive amid global turbulence | CEA V Anantha Nageswaran explains Jan 30, 2026 509 In this episode of State of the Economy podcast, host Shishir Sinha speaks with V Anantha Nageswaran, Chief Economic Adviser to the Government of India, on how India is navigating an increasingly uncertain global economic environment.  Anantha Nageswaran acknowledges the headwinds confronting the global economy—geopolitical tensions, shifting trade patterns, and excess manufacturing capacity abro
India’s economy: GST trends, fiscal pressures and the road ahead
India’s economy: GST trends, fiscal pressures and the road ahead Dec 3, 2025 873 In this episode of the State of the Economy Podcast, Shishir Sinha speaks with Upasna Bhardwaj, Chief Economist at Kotak Mahindra Bank, to decode the latest high-frequency indicators and their implications for growth, inflation, and government finances.  The discussion opens with the GST collection figure. Although the monthly rise is only 0.7 per cent, Bhardwaj notes that the number must be view
Tiptoe or treadmill: How fast are Indians spending?
Tiptoe or treadmill: How fast are Indians spending? Nov 4, 2025 820 In this episode of the State of the Economy podcast, host Shishir Sinha speaks to Professor Anil Sood, co-founder of the Institute for Advanced Studies in Complex Choices, Hyderabad, about the latest high-frequency economic indicators. They discuss GST collections, fiscal deficit management, capital expenditure trends, private investment, retail inflation, and the broader growth outlook for India.
GST refunds gathers pace, but does this translate to healthier working capital?
GST refunds gathers pace, but does this translate to healthier working capital? Oct 4, 2025 1043 In this episode of State of the Economy, host Shishir Sinha speaks with Anitha Rangan, Chief Economist at RBL Bank. The conversation covers various high-frequency economic indicators and what they reveal about the current state of the economy. They also discuss the short-term and medium-term economic outlook, exploring key trends and potential challenges ahead.
Can India keep the growth engine warm, or will tariffs and inflation stall the ride?
Can India keep the growth engine warm, or will tariffs and inflation stall the ride? Sep 4, 2025 823 In this episode of State of the Economy, host Shishir Sinha speaks with Madan Sabnavis,  Chief Economist at Bank of Baroda. The conversation covers the impact of GDP deflators, the possible effects of new US tariffs, concerns around MSME sector employment, and the upcoming GST rate rationalisation. They also touch on the inflation outlook and the likelihood of an RBI rate cut in the coming months.
Trade tensions or slowing demand—what’s India’s bigger challenge? 
Trade tensions or slowing demand—what’s India’s bigger challenge?  Aug 2, 2025 1069 In this episode of State of the Economy with Shishir Sinha, economist Debopam Chaudhuri joins Shishir Sinha to unpack the contrasting signals coming from India’s economy. While headline indicators such as GST collections and manufacturing PMI suggest solid momentum, deeper layers of the data tell a more complex story.  “There is a lot of conflicting information that is coming out from the high-fr

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