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IIPM epitomises how Indian business looks at value
IIPM (Indian Institute of Planning Management) spent 60 percent of its revenues on marketing and 6 percent on professors. That is the reason why it is not seen as a great success. And IIPM is just one of the many trying to cash in on a huge population without delivering #IIPM #In My Opinion
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Rate cut may not help but lack of it will worsen econ
The markets may have its views on whether the Reserve Bank of India will cut policy rates in its forthcoming policy review on 19 March. Usually, the market positions itself for such events according to its views and if the outcome goes against the position, it offloads the positions and #India #Interest rates #PolicyWatch #Rate cut #RBI
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Why Birla is right in wanting to take money out of India
Kumar Mangalam Birla, the head of the Aditya Birla group, suggested in a recent interview that he is more inclined to look for investment opportunities outside the country than within the country. The reason he gave was policy inconsistency and lack of transparency at the government level. Birla is perfectly right #Aditya Birla Group #ConnectTheDots #CPI #GDP #Kumar Mangalam Birla #WPI
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Dow at record high: What it means for your investments
The benchmark US equity index the Dow Jones Industrial Average (Dow) closed at all time highs on 5 March 2013. The Dow crossed the earlier high recorded in the year 2007 to close at levels of 14253. The Dow has gained over 8.5% calendar year to date and the record #Dow Jones #investments #MarketWatch
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Why India is economically vulnerable to negative forces
India in 2013 looks more like a country that has lost its glory than like a country that is supposed to show rapid economic advancement. In fact, economically India is in the most vulnerable situation since 1991 when the country pledged its gold reserves with the International Monetary Fund (IMF) #CAD #Real estate bubble #Tax Compliance #ThisisNext #Union Budget
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Will Sensex and rupee bounce back post Budget 2013?
The reaction by the markets to the budget was negative. The Sensex and Nifty fell over 1.5% each, the Indian Rupee (INR) fell close to a percent while the ten-year bond yield rose by 8 bps. Equity market volumes touched record highs of Rs 427,000 crore as derivative market volumes #Budget Impact #nifty #Rupee #Sensex #UnionBudget
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Union Budget 2013: Cut in fuel, fertiliser subsidy key to trim Non-Plan expenditure
The Non-Plan expenditure of the government constitutes 65 percent of total government expenditure that was budgeted for fiscal 2012-13. Non-Plan expenditure was estimated at Rs 969,000 crore while total expenditure including plan expenditure was Rs 14,90,000 crore. The government has overshot its Non-Plan expenditure for 2012-13 by Rs 93,000 crore due #Budget 2013 #Food subsidy #National Security #petroleum subsidy
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Budget 2013: Weak investment demand will mark fiscal 2013-14
The Union Budget 2013-14 is a media event and once it is over the economy goes back to business. The wide coverage given to the 28 February 2013 budget presentation suggest that this budget will be about lowering the fiscal deficit to improve the country’s image in the eyes of #Budget2013 #Eurozone #fiscal deficit #GDP
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Budget 2013: No room for tax hikes ties govt hands on revenue front
The government is likely to close 2012-13 with a revenue shortfall on the back of slowdown in GDP growth and on the back of lower collections in spectrum auction. The shortfall in revenue is likely to be in the range of 8% to 10% of budget estimates. The question is #Budget2013 #Chidambaram #fiscal deficit #GDP #Numbers #Taxation #Union Budget 2013
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Budget is a reality show; it has to be judged properly
The Union Budget for 2013-14 is to be tabled in Parliament on 28 February by Finance Minister P Chidambaram. This budget will be the last full budget of the UPA government before elections in 2014. Budget presentations are like a reality show on TV. In the run up to the event, #Budget2013 #FII #GDP #Reality show #Union Budget