Speaking to NDTV’s Shweta Rajpal Kohli on whether the FDI in retail move was ill-timed he said, “We can't go for a muhurat (auspicious time) for taking decisions and a large number of states wanted FDI in retail but backed out due to partisan politics.”

Roubini said slow growth in advanced economies may lead to "a U-shaped recovery rather than a typical V."

He feels that perception management and brand building is what India needs to do on a global stage. He said that senior government functionaries should have been in Davos.