The sharp sell-off of US equities yesterday weighed on global equities today. The Asia Pacific bourses were a sea of read with many of the large markets off 2%-3%. Japan, which returned from a three-day...
The movement in currency – rupee is linked to the Balance of Payment Account .When there is current account appreciation, as more rupee flows come to India, and also capital account surplus. Then the excess...
Over the past one year, in the financial year 2013, the Indian economy is anticipated to grow at 4.9% (CSO) as compared to 4.5% in FY 2012 with higher output in both industrial & agriculture...
The year 2014 is going to be very important for India. That is when the General Elections will take place. The prospects are for a hung Parliament after the elections. The BJP may emerge as...
The Indian economy shows signs of recovery. Exports are picking up. Import of gold is under control. The Current Account Deficit has ceased to be the problem it was some time back. However, there is...
The economic crisis in the country is largely associated with the fiscal and current account deficits. The fiscal deficit is primarily a domestic economic issue while the CAD is intertwined with international developments. The fiscal...
The Indian Economy is gradually sliding into an economic crisis. Here we discuss some measures which could lead to revival of the Indian Economy. These can’t be considered to be a complete list of reforms...
India imports billions of dollars of goods and services despite having the resources and to manufacture the manpower goods/services at lower costs on its shores. India’s malfunctioning and corrupt governance is the chief cause of...
Emerging Markets – Quick Commentary The risk of running high current account deficits (CAD) has hit hard several emerging markets in the Asia-Pacific. With FIIs withdrawing to invest in US bonds and supply of dollars dipping, national...
Finance Minister – P. Chidambaram’s take on Fiscal consolidation, Divestment, 2G auction, Inflation management, Current account deficit (CAD), key legislation such as Direct tax Code (DTC). He unveiled a five-year roadmap for fiscal consolidation. The...
While addressing the Development Committee meeting of the World Bank in Tokyo, Finance Minister P. Chidambaram wants urgent steps at the international level needs to initiate to curtail the diversion of foodgrains for alternative uses....
