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Madan Sabnavis Chief Economist working with CARE Rating

The author is a practising corporate economist for 33 years, starting his career in the erstwhile ICICI Limited in 1987. He has worked with ICICI Bank, Larsen & Toubro, NCDEX and is presently working with CARE Ratings as Chief Economist. A postgraduate in Economics from the Delhi School of Economics, Sabnavis holds a degree in BA (Honours) in Economics from St Stephen’s College. While his objective was to join the civil services and serve the nation, his inability to do so coincided with his bid to impress his fiancée (who became his wife); he began freelance writing in business newspapers in 1988 where he made a mark by being critical of every policy that was passed. This contrarian streak struck the right note with editors of various business newspapers which have helped him cross the 2,500 articles mark which is still ticking. This was a strong foundation for having three books also published by him where publishers were willing to take a chance, Macroeconomics Demystified, Eco Quirks and Economics of India: How to Fool All People for All Times. He can also be seen on business TV channels where the contrarian streak has worked yet again!

He is on various committees of SEBI and Indian Institute of Banking and Finance. He has also served as Co-Chairman and Chairman of Committees of Indian Merchants’ Chamber and Bombay Chamber of Commerce and Industry.

His interests are in English literature, cricket, music—western classical, Hindustani, rock and new age (Yanni) music. He reviews books on economics, management, biographies, sociology, politics and so on, mainly in the Financial Express. Such reviews were also done earlier in Businessworld and Business Standard.