Chief Economist & Political Strategist, CrossASEAN Research

Prasenjit K. Basu

PK Basu has 34 years experience covering Asia's economies and markets (equities, fixed income and currencies), including 20 years covering the global economy. He was Chief Economist (SE Asia & India) at Credit Suisse First Boston for 5 years, and Chief Asia (x-Jpn) Economist at Daiwa Securities for a similar period. Among other roles, he was global head of research at Maybank Kim Eng, Malaysia equity research head and chief ASEAN economist at Macquarie, ASEAN economist at UBS and the first chief economist at Khazanah Nasional (where he was co-head of research, and led all agri-business initiatives). PK Basu started his career in the Asia Service of WEFA (Wharton Econometrics) in Philadelphia in 1990, rising to be Director of their Asia Service in June 1994. 
PK's book, "Asia Reborn: A continent rises from the ravages of Colonialism and War to a New Dynamism" won the Tata Literature First Book Award (non-fiction) for 2018. It is the first single chronicle of the modern economic and political history of the whole of Asia (from Iraq and Turkey to Korea and Japan, and everything in between), told from an Asian perspective.

Chief Economist & Political Strategist

India: Summer to Begin Early and Will Be Harsher than Usual - Five Stocks that May Benefit

India: Challenges in Power Sector Are Well Known but Will Policy Makers Now Listen to SBI Chairman?

India: It Is Now Official..."Future Energy Mix" Has No Place for Growth of NTPC, Coal India and BHEL

The Long-Awaited Investment Revival Is Here

India: Plain and Simple, Bumper Industrial Production Data Revive Hopes of Sharp Recovery

India: Inflation Above 5% as Vegetable Prices Go Through the Roof, Rate Hike by RBI Looks Imminent

REAL-Economics.com

Macroeconomics

A 12% YoY surge in fixed investment spending enabled real GDP to accelerate to 7.2% YoY growth in the Oct-Dec 17 quarter. Agriculture, manufacturing, services and construction all accelerated. We expect real GDP to grow 8% YoY throughout 2018 (starting in the current quarter), but this is still well below the potential that India can achieve amid the best phase of its demographic dividend. But real interest rates remain among the highest in the world, keeping the rupee overvalued. In the absence…

A 12% YoY surge in fixed investment spending enabled real GDP to accelerate to 7.2% YoY growth in the Oct-Dec 17 quarter. Agriculture, manufacturing, services and construction all accelerated. We expect real GDP to grow 8% YoY throughout 2018 (starting in the current quarter), but this is still well below the potential that India can achieve amid the best phase of its demographic dividend. But real interest rates remain among the highest in the world, keeping the rupee overvalued. In the absence…

Investment-Led Rebound to 7.2% Real GDP Growth