Buying a home is one of the most important decisions in our life as it could change the way we live forever. Also, it involves investing substantial amount which could mean parting with your life...
Haseeb Drabu was a journalist once; he and I were colleagues some 15 years ago. Since then, he has been banker, bureaucrat business advisor, and much else. He has just become finance minister of Jammu...
Companies are selling bonds like madmen. This year through Tuesday, investment-grade and junk-rated companies have sold $438 billion in new bonds, up 14% from the prior record for this time of the year, set in...
A few months back there was a World Bank Report, inter alia, highlighting that India slipped to the 142nd position in the ranking of 189 countries in respect of ‘Ease of Doing Business’ which prompted...
The US dollar is mixed as the market continues to search for a new range post-FOMC. The relentless rise of the dollar has been broken with the help of a softer US rate environment. The...
The Indian stock market has been on a roll since end 2013, as poll forecasts started to predict the end of the corruption ridden and rudderless, leaderless Congress government and the potential win of the...
The Economic Survey is presented the day before the budget; and the budget has to be assessed as soon as it is presented. So it is impossible to write immediately about the Survey. But this...
The revision of the base year for estimating GDP of India has dramatically transformed the way we look at our economic growth rates. According to the new estimates, the year 2013-14, the last year when...
The Union budget presented was hailed by the markets and policy makers and the like. The centre stage of the budget was massive thrust on infrastructure projects. An economy just on the road to recovery can be kick started...
The budget consists of sixteen documents. Commentators have to say what they can within hours of its presentation. So they concentrate on what the finance minister says, which is just about 10,000 words and is...
The Budget deals with allocating money towards areas where the government thinks it is essential to spend, and finding out ways such as taxes, to finance it. The Government primarily requires money to spend on...
Previous year has altered the political picture in striking ways. The most conspicuous change is in prime ministers: reclusive, modest, uncommunicative Manmohan Singh has given way to vocal, expressive, dramatic Narendra Modi. A less noticed change...
