The reluctance of the RBI to reduce interest rates had primarily been on account of the fact that the government has not moved on the fiscal front to control the level of fiscal deficit and...
It’s been all over the news – India’s Supreme Court struck down the patent appeal by Novartis, a Swiss pharma company, for a new crystal form of its anti-cancer drug Glivec, stating the modifications were...
News reports would like us to believe that peacekeeping forces are preparing to leave Afghanistan in 2014. If that is so the dynamics of South Asia are set to change, and at a rapid pace. For...
Budgets are a complex Prisoner’s Dilemma[1] problem where hidden expectation of the government and the citizen decide whether or not the outcome would be a good equilibrium where everyone gains or a bad equilibrium where...
It was one of the most awaited budgets in recent times, expectations were on both extremes – that the Finance Minister will present a typical pre-election year populist budget while another set of people expected...
In the last week, some additional positive data points on the state of the US economy have emerged. US business spending on non defense capital goods recorded the largest gain since end 2011 and the...
Bank Nifty technically on 8th November 2010 made a life time high of 13281 as can observed on the left hand upper corner of Bank Nifty Daily Chart. On 29th January 2013 at the right...
Nifty after making a yearly high of 6101 on 22nd January 2013 started dropping like pack of cards, while briefly lingering around 5980 and then falling further by breaking important support trend lines. In nifty...
A while ago (in 2011) I had written elsewhere about the record levels of cash that US incorporated multinationals are carrying on their balance sheets. A combination of good global franchises, strong cash flows and...
In 2012, Joseph Stiglitz, the 2001 Nobel Laureate, one of the world’s foremost thinkers in contemporary economics, author of the 2012 best-seller titled “The Price of Inequality” was quoted in the New York Times as...
Infrastructure development finance corporation (IDFC) was formed in 1997 with the major objective of securing private capital for commercially viable infrastructure projects. The company was notified as a public financial institution in 1999. The company...
The Brent crude oil price have held 112USD a barrel on support from upbeat manufacturing data from china & Germany. Though Brent has been trading sideways from USD 115-107. A stronger dollar has been though...
