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Awarded Ph. D. degree in Economics on the thesis titled Fiscal Finances, Money Supply and Inflation in India: An Empirical Analysis under the supervision of (Late) Dr. (Mrs.) Hemlata Rao through the Institute for Social and Economic Change (ISEC), Nagarbhavi, Bangalore-560 072 from the Department of Economics, University of Mysore on 9th October 2001.
Awarded M. Phil. Degree in Economics with First Division on the dissertation titled Some Aspects of Money Market in India in Recent Years under the supervision of Dr. Pradipta Chaudhury from the Department of Economics, University of Hyderabad (Central University) in 1994.
Passed M.A. degree in Analytical and Applied Economics with First Division and 10th Position from the Department of Analytical & Applied Economics, Utkal University, Orissa in 1990 (Specialization: Monetary Economics).
Honors, Awards & Scholarships
Recipient of Cash Prize for Best Research Paper in the International Conference on Business and Finance hosted by the ICFAI University, Hyderabad (India) co-sponsored by the Philadelphia University, USA during December 15-16, 2003.
Awarded Jawaharlal Nehru Scholarship for Doctoral Studies in India in 1999-2000.
Awarded Visiting Fellowship by the Centre of Advanced Study in Economics, Department of Economics, University of Bombay, Bombay, for a period of four weeks, i.e., from February 15 to March 15, 1996.
Recipient of Prof. D. M. Nanjundappa Prize at the Institute for Social and Economic Change, Bangalore (India) in 1993-94 for securing highest marks in Pre-Ph. D. Course in Economics.
Recipient of Cash Prize for securing highest marks in Quantitative Methods by the Quantitative Analysis Unit, Institute for Social and Economic Change, Bangalore (India) during the Pre-Ph. D. Programme of 1994.
Awarded Merit-cum-Means scholarship in 1991-92 during M. Phil at University of Hyderabad, Hyderabad (India).
Present Position and Work Experience
Present Position
Presently working as ‘Professor’ in the Institute of Management Technology, Ghaziabad in the area of Economic Environment & Strategy. His job profile is to teach Post Graduate Diploma in Management (PGDM) students (Courses such as Managerial Economics, Macroeconomic Analysis, and Business Environment), publish and present research papers in journals and conferences respectively, undertake projects & consultancy assignments, organize Management Development Programs (MDPs) and seminars, guide PGDM students for their Summer Projects, and supervise Doctoral students.
Academic Experience
Worked as ‘Associate Professor’ in the Goa Institute of Management in the area of General Management from February 3, 2006 to March 19, 2007. I was teaching courses such as Managerial Economics, Macroeconomic Analysis, and International Trade & Financial Management to PGP and EMBA students.
Worked as ‘Faculty Member’ in the Institute of Chartered Financial Analysts of India (ICFAI) Business School at Bhubaneswar Centre from April 21, 2003 to January 31, 2006. I was teaching courses such as Managerial Economics, Macroeconomics & Business Environment, Business Research Methods, and International Trade & Finance to MBA students.
Worked as ‘Associate Fellow’ in the Centre for Economic and Social Studies at Hyderabad (an Indian Council of Social Science Research Institute) from March 10, 2003 to April 17, 2003. During my short stay at the Centre, I was helping Senior Professors at the Centre in analyzing the information for their various national and international projects.
Corporate Experience
Worked as ‘Economist’ (Manager in Grade ‘B’) in the Department of Research and Policy Planning (DRPP) of the Unit Trust of India at Mumbai from April 29, 1999 to March 7, 2003. I was analyzing and forecasting various macro-economic variables and giving suggestions to Fund Managers and senior officials regarding the Market Behaviour; computing Yield to Maturity (YTM) of Govt. Securities daily on the basis of SGL last traded prices supplied by the RBI & supplying to NAV Cell, preparing research reports such as Monthly Economic Review, Weekly Economic Update, Money Market and Forex Review. Also preparing Special Unit Scheme 99 Report for the Ministry of Finance, co-ordinating for the preparation of Annual Report 2000-01, preparing sales, repurchase and investment memo for the Board and the Executive Committee for internal circulation, impact analysis of Union Budget and Credit Policy of the RBI.
Worked as ‘Deputy Editor’ for the Scientific Data Bank (P) Ltd., MacMillan India Ltd. At Bangalore from January 1 to April 24, 1999. I was technically editing articles of Science and Economics Journals, and Books pertaining to various Elsevier and Pergman publications just before their final appearance.
Papers Presented in International Conference
2009-2010
“Economic Growth, FII Flows and Financial Markets Integration in India” presented in The Global Business & Finance Research Conference during July 8-11, 2009 in London Hilton, Park Lane at London, UK.
2008-09
“An Analysis of Exchange Rate and Export Growth in India” presented in The Global Management & Information Technology Research Conference during May 21-24, 2008 in Crowne Plaza Times Square Manhattan at New York, USA.
2006-2007
“Railroad Transportation, Domestic Investment and Economic Growth: A Cointegration Analysis for India” presented in Fourth Conference on Railroad Industry Structure, Competition and Investment during October 19-21, 2006 organized by the Department of Economics, Universidad Carlos III de Madrid, Spain.
2005-2006
“Public Private Partnership for Infrastructure Financing in India: Will it be a Viable Option?” presented in Third Conference on Railroad Industry Structure, Competition, and Investment during October 20-22, 2005 organized by the Stockholm School of Economics, Stockholm, Sweden.
Papers Presented in National Conference & Seminar
2009-2010
“Railroad Transportation and Economic Growth: A Cointegration Analysis for India” presented in the 45th Annual Conference of The Indian Econometric Society during January 8-10, 2009 organized by the Department of Economics, Gauhati University, Gauhati, India.
2008-2009
“Forecasting of Exchange Rate in India” presented in National Conference on Forecasting Financial Markets in India (FFMI 2008) during December 29-31, 2008 organized by the Vinod Gupta School of Management at Indian Institute of Technology, Kharagpur, India.
“Poverty in India: An Empirical Analysis” presented in International Conference on Statistics and its Applications in Management 2008 during May 1-3, 2008 organized by Indian Institute of Management Kozhikode at its Campus, Kozhikode, India.
2006-2007
“Openness and Economic Growth of India and China: A Comparative Study” presented in 2007 AIB (India) Conference on India in the Emerging Global Order during January 29-31, 2007 organized by the Xavier Institute of Management, Bhubaneswar, India.
2005-2006
“An Analysis of Foreign Direct Investment and Export Growth in India” presented in International Conference on Dynamic Role of Management in Global Economy (ICDRM-2005) organized by Punjab College of Technical Education, Ludhiana, India on April 9, 2005.
“Could Revenue Deficit be Eliminated by 2008-09?” presented in One Day Seminar on Union Budget 2005-06 organized by ICFAI Business School, Bhubaneswar, India in association with Nabakrushna Choudhary Centre for Development Studies, Bhubaneswar, India on March 3, 2005.
2004-2005
“FDI, Domestic Savings and Investment in India” presented in 24th Conference on Income and Wealth organized by Indian Association for Research in National Income and Wealth jointly with Directorate of Economics & Statistics, Government of Tamil Nadu during November 5-7, 2004 at Tamilagam, Ooty, India.
“Performance Management System on Development of Human Resources: A Study in NALCO” presented for Best Case Writing & Presentation Competition in 16th Association of Indian Management Schools Convention hosted by Goa Institute of Management, Goa, India during August 27-29, 2004.
2003-2004
“Economic Reforms and Financial Market Integration: A Cointegration Analysis for India” presented in International Conference on Business and Finance hosted by the ICFAI University, Hyderabad, India co-sponsored by the Philadelphia University, USA during December 15-16, 2003.
1998-1999
“Demand for Money under Economic Reforms in India: A Further Empirical Evidence” co-author paper along with Dr. K. Mathiyazhagan presented in 34th Annual Conference of The Indian Econometric Society during March 27-30, 1998 at the Department of Economics, Mangalore University, Mangalagangothri, India.
1996-1997
"Fiscal Deficit and Stabilization: A Critical Analysis of 1996-97 Union Budget" presented in One Day Seminar on Union and Karnataka State Budgets 1996-97 on 3rd September, 1996 at the Institute for Social and Economic Change, Bangalore, India.
MDP Conducted
Conducted an in-company training programme on “Creating Work Culture for Convergence” for 26 ONGC executives during March 2-6, 2009 assigned by IMT as one of the Programme Directors.
Case Study
“Hindalco vs. Novelis: A Case on Acquisition” has been selected as one among 10 final cases in the 2008 Case Study Development Initiative by the Aditya Birla Centre at London Business School. [To see the names of final winners, please log on to the following website:www.london.edu/facultyandresearch/researchactivities/birlaindiacentre/2008casestudywinners.html
Workshops Attended
Case Writing and Case Method of Teaching during September 18-22, 2006 conducted by the Indian Institute of Management, Ahmedabad, India.
Debt Market and Instruments for officers’ of UTI during April 16 – 19, 2001 conducted by the Indian Institute of Capital Market, Vashi, Navi Mumbai, India.
Seminar Organized
Impact Analysis of Union Budget 2005-06 in association with Nabakrushna Choudhary Centre for Development Studies, Bhubaneswar, India on March 3, 2005.
Research Publications
Paper in International Referred Journal & Conference Proceeding
2009-2010
“Economic Growth, FII Flows and Financial Markets Integration in India”, The Business Review, Cambridge, Summer 2009, Vol.13, No.1, pp.87-92. [This journal is accepted for listing in the ABI/INFORMS (ProQuest), CABELL’S and ULRICH’S DIRECTORIES of Referred Publications. See website:www.jaacb.com
2008-2009
“An Analysis of Exchange Rate and Export Growth in India”, The Business Review, Cambridge, Summer 2008, Vol.9, No.2, pp.139-144. [This journal is accepted for listing in the ABI/INFORMS (ProQuest), CABELL’S and ULRICH’S DIRECTORIES of Referred Publications. See website:www.jaabc.com
2007-2008
“Market Efficiency and Financial Markets Integration in India”, Indian Journal of Economics & Business, June 2007, Vol.6, No.1, pp.45-60. [Articles in this journal are annotated by the Journal of Economic Literature (JEL) and this journal is included in Cabell's Directory of Journals in Economics (2003). See website of the journal:www.ijeb.com
2006-2007
“An Analysis of Foreign Direct Investment and Export Growth in India”, International Journal of Applied Business and Economic Research, June 2006, Vol.4, No.1, pp.9-21.
2005-2006
“Public Private Partnership for Infrastructure Financing in India: Will it be a Viable Option?” published in Third Conference on Railroad Industry Structure, Competition and Investment Proceedings, Stockholm School of Economics, Sweden, October 20-22, 2005. (Also appeared in http://www.thirdrail2005.org)
Paper in National Referred Journal & Edited Book
2008-2009
“Openness and Economic Growth of India and China: A Comparative Study”, in Nayak, Amar K.J.R. and M.G. Jamon (eds.) (2008), India in the Emerging Global Order, Tata McGraw-Hill Publishing Company Limited, New Delhi, Chapter 12, pp.190-202.
2006-2007
“FDI Inflow and Domestic Investment in India”, The ICFAI Journal of Applied Finance, February 2006, Vol.12, No.2, pp.31-40.
2005-2006
“Performance Management System on Development of Human Resources: A Study in NALCO”, in U. Dhar & S. Dhar (eds.), New Frontiers of Management: Cases in Indian Context, New Delhi: EXCEL Books, 2004, pp.163-187.
“Economic Reforms and Financial Market Integration: A Cointegration Analysis for India”, The ICFAI Journal of Applied Finance, April 2004, Vol.10, No.4, pp.5-27.
“Money Supply, Fiscal Policy and Price Instability: A Cointegration Analysis for India”, The ICFAI Journal of Applied Economics, March 2004, Vol.3, No.2, pp.43-64.
2001-2002
“Fiscal Policy and Inflation in India: A Further Empirical Analysis”, Journal of Indian School of Political Economy, April-June 2001, Vol.13, No.2, pp.255-276.
1998-1999
“Demand for Money under Economic Reforms in India: A Further Empirical Evidence”, co-author paper along with Dr. K. Mathiyazhagan, Artha Vijnana, September 1998, Vol.22, No.3, pp.292-309.
1996-1997
"Inflation in India: An Analytical Survey of Empirical Studies", Southern Economist, October 15, 1996, Vol.35, No.12, pp.7-9.
Paper in National Non-Referred Journal
- “Asymmetric Information and the Functioning of Credit Market”, SEDME, September 1998, Vol.25, No.3, pp.47-53.
- “Reflections on Measurement of Efficiency in the Banking Sector: A Methodological Suggestion”, Vishleshan, July-September 1997, Vol.22, No.3, pp.26-30.
- "Industrial Finance and Capital Market in India in Recent Years", SEDME, September 1997, Vol.24, No.3, pp.33-41.
- “Determinants of Demand for Money in India: Some Empirical Evidence”, Vision, July-December 1997, Vol.17, No.1-2, pp.106-121.
- "Industrial Finance and Capital Market in India in Recent Years", SEDME, September 1997, Vol.24, No.3, pp.33-41.
- “Fiscal Deficit and Stabilization in India in Recent Years: A Critical Analysis”, Vision, July-December 1996, Vol.16, No.1-2, pp.29-37.
Article in National Magazine
- “Can Revenue Deficit be Eliminated by 2008-09?”, Treasury Management, May-June 2005, pp.30-32.
- "Poverty in Orissa: A Critical Survey", Kurukshetra, December 1996, Vol.35, No.3, pp.57-58.
Article in National Daily Newspaper
“Political Apathy cannot tackle Fiscal Deficit”, The Business Line, June 10, 1997, Vol.4, No.160, p.24.
Book Reviews in International Referred Journal
- “The Stock Market”, KYKLOS 2, 1995, Vol.48, pp.330-332. [This book written by Cliff Pratten, Cambridge University Press, Cambridge, 1993, 212 pp.]
- “Controversies in Monetary Economics: Ideas, Issues and Policy”, KYKLOS 2, 1995, Vol.48, pp.334-335. [This book written by John Smithin, Edward Elgar Publishing Limited, USA, 1994, 219 pp.]
- “Monetary Theory and Monetary Policy”, KYKLOS 4, 1995, Vol.48, pp.606-608. [This book written by Stephen F. Frowen (ed.), Macmillan, Basingstoke/London, 1994, 367 pp.]
- “Macroeconomic Problems of Transformation”, KYKLOS 4, 1995, Vol.48, pp.611-612. [This book written by Hansjorg Herr, Silke Tober and Andreas Westphal (eds.), Edward Elgar Publishing Limited, USA, 1994, 309 pp.]
Areas of Research Interest & Consultancy
Public Finance, Macroeconomics & Poverty, International Trade and Finance, Transportation Economics, Managerial Economics, Mutual Fund Schemes Performance, and Case Writing on Specific Company.
Membership in Academic Society & Association
Life Member, The Indian Econometric Society (TIES).
Membership No. L/2154/’94-’95.
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