Introduction

High interest rates crushing the economy?

Can government spending save the day?

How did everyone miss the signs of a slowdown?

Period of core inflation in food prices

India’s investment engine running out of fuel?

Public spending the hero we need?

Expectations from RBI’s upcoming MPC meeting

Road to India's sustainable economy growth 

Credits

India’s economy just recorded its slowest growth in almost 2 years, with the fastest growing major economy coming back to Earth. 

Manufacturing stagnated, mining declined, and even government spending—a key growth driver—remains muted. While services posted a strong performance, weak private consumption continues to weigh on the overall picture.

In this episode, we unpack the implications of these disappointing numbers. What went wrong? And why did experts—including the RBI—miss the warning signs? With the central bank’s policy meeting looming on Friday, critical questions emerge: Can India recalibrate its strategy to revive growth? Or is it time to fundamentally rethink the nation’s economic trajectory?

Join host Anirban Chowdhury as he speaks to renowned economist and former RBI Monetary Policy Committee member Ashima Goyal to explore the state of the economy, the factors behind this slowdown, and the road ahead.

ET Podcasts now has a new show. 7@7 is your quick, sharp sub 5 minute daily roundup of financial news from India and the world. Tune in to Apple Podcasts, Spotify, Amazon Prime Music, Jio Saavn, Youtube or wherever you get your podcasts from!

Check out other interesting episodes from the host like: Choked Capital: Why Delhi Leads India’s Air Crisis, India’s Dangerous Misuse Of Antibiotics Pt 1 & Pt 2, COP29: Who will Pay for Climate Action?, Trump 2.0: America First, India….?, and more!

You can follow Anirban Chowdhury on his social media: Twitter and Linkedin

Catch the latest episode of ‘The Morning Brief’ on ET Play, The Economic Times Online, Spotify, Apple Podcasts, JioSaavn, Amazon Music and Youtube.

Credits: Firstpost, CNBC-TV18

India’s economy just recorded its slowest growth in almost 2 years, with the fastest growing major economy coming back to Earth. 
Manufacturing stagnated, mining declined, and even government spending—a key growth driver—remains muted. While services posted a strong performance, weak private consumption continues to weigh on the overall picture.
In this episode, we unpack the implications of these disappointing numbers. What went wrong? And why did experts—including the RBI—miss the warning signs? With the central bank’s policy meeting looming on Friday, critical questions emerge: Can India recalibrate its strategy to revive growth? Or is it time to fundamentally rethink the nation’s economic trajectory?
Join host <a href="https://m.economictimes.com/etreporter/author-anirban-chowdhury-479232745.cms">Anirban Chowdhury</a> as he speaks to renowned economist and former RBI Monetary Policy Committee member <a href="https://scholar.google.com/citations?user=FOMoUacAAAAJ&amp;hl=en">Ashima Goyal</a> to explore the state of the economy, the factors behind this slowdown, and the road ahead.
ET Podcasts now has a new show. 7@7 is your quick, sharp sub 5 minute daily roundup of financial news from India and the world. Tune in to <a href="https://podcasts.apple.com/in/podcast/7-7/id1762542959">Apple Podcasts</a>, <a href="https://open.spotify.com/show/0F5SGLlPxD1TAzslzXQcLd?si=e6771100c82e49e7">Spotify</a>, <a href="https://music.amazon.com/podcasts/1637e831-6db3-45dd-8e21-356bf4fa6064/7a7">Amazon Prime Music</a>, <a href="https://www.jiosaavn.com/shows/7@7/1/0PqUOcbEXS4_">Jio Saavn</a>, <a href="https://www.youtube.com/@theetpodcasts">Youtube</a> or wherever you get your podcasts from!
Check out other interesting episodes from the host like: Choked Capital: <a href="https://open.spotify.com/episode/65WcoIheaAvEQnpHcK8ruX?si=6b91b29bbda94e10">Why Delhi Leads India’s Air Crisis</a>, <a href="https://open.spotify.com/episode/0qkXbKBZDMXwHYS6e2DwSo?si=70aee33bd8d6454b">India’s Dangerous Misuse Of Antibiotics Pt 1</a> &amp;<a href="https://open.spotify.com/episode/4jugomq0xdS8HCZPoffFXt?si=37825c3969fd4d31"> Pt 2</a>, <a href="https://open.spotify.com/episode/2TGGnWNcCTBPSD2O0KboZY?si=5efce997093b4339">COP29: Who will Pay for Climate Action?</a>, <a href="https://open.spotify.com/episode/38CrSp4k7RzJTngEjsuQ0g?si=cd008150aec5489c">Trump 2.0: America First, India….?</a>, and <a href="https://podcasts.apple.com/in/podcast/the-morning-brief/id1568661777">more!</a>
You can follow Anirban Chowdhury on his social media: <a href="https://twitter.com/AnirbanET">Twitter</a> and <a href="https://www.linkedin.com/in/anirban-chowdhury-b5067219/">Linkedin</a>
Catch the latest episode of ‘The Morning Brief’ on <a href="https://www.etplay.com/etplay">ET Play</a>, <a href="https://economictimes.indiatimes.com/podcast?from=mdr">The Economic Times Online</a>,<a href="https://open.spotify.com/show/6PL5kfPbwURBEu6fHCVTOL?si=26ec0fbfa7134fea"> Spotify</a>, <a href="https://podcasts.apple.com/in/podcast/the-morning-brief/id1568661777">Apple Podcasts</a>, <a href="https://www.jiosaavn.com/shows/the-morning-brief/1/GNPiFQD2xpY_">JioSaavn</a>, <a href="https://music.amazon.in/podcasts/f378141f-9afb-495d-83da-9b08ec5047ac/the-morning-brief">Amazon Music</a> and <a href="https://www.youtube.com/@theetpodcasts">Youtube</a>.
Credits: <a href="https://www.youtube.com/watch?v=XFEcAAOkuts">Firstpost</a>, <a href="https://www.youtube.com/watch?v=fOlmcg9VylQ">CNBC-TV18</a>

To make sense of the week’s hottest stories in business, economy, politics and markets, journalists from the Economic Times chat with reporters and industry leaders in this thrice-weekly (Tuesday, Thursday, Friday) podcast.

The Morning Brief

Should we re-examine India’s ‘Growth Story’?

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