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The Business Blog

The Business Blog is a daily business blog anchored by Firstpost senior editors. It will offer quick comments and insights into major business news developments from the pink press.

Jul 23, 2013

Six months of diesel price reforms and result is zero

Thanks to super-slow reforms on energy pricing, India's CAD woes and the rupee will be under continuous pressure till the government opts for big bang change #diesel prices #energy reforms #oil pricing #P. Chidambaram #V Moily

May 16, 2013

GDP estimates: Why it’s now looking worse than astrology

The National Stats Commission chief thinks growth was much higher last year. The FM will be hoping he is wrong, because higher growth in 2012-13 may mean less this year #C Rangarajan #CEO #Crystal Ball #GDP #GDP Projections #Montek Singh Ahluwalia #P. Chidambaram #Pronab Sen

May 15, 2013

Why the death of inflation is vastly exaggerated

It is too soon to celebrate the fall of inflation. A verdict on that will have to wait till later this year. Subbarao should thus hasten slowly in rate cuts #CPI #Economy #Inflation #RBI #ToWhatEffect #WPI

May 14, 2013

Results can wait: SBI chief wants to be with Sonia

The SBI chief apparently has cancelled a scheduled board meeting to be with Sonia Gandhi for the inauguration of 12 bank branches in a day #2012-13 Results #P. Chidambaram #Pratip Chaudhuri #SBI Board Meeting #Sonia Gandhi #What Next

May 10, 2013

One cheer and 5 messages in the March IIP revival

The turnaround in the IIP is good news, but it is too soon to raise a toast. #Green Shoots #Growth Story #IIP #March IIP

May 9, 2013

Is finmin an Honest Broker when it comes to advising EPFO?

Should the EPFO, not the smartest of retirement fund custodians, be investing where the finance ministry tells it to? #air india #Disinvestment #Dumb Money #EPFO #LIC #Personal finance

May 1, 2013

FM bends over backwards to appease rich farmers’ lobby

The decision to clarify that farmland will never pay wealth tax shows how far the government will go to woo rich farmers. #Budget2013-14 #Business #Chidambaram #Economics #Reforms #Veerappa Moily #Wealth tax #WhyNow

Apr 24, 2013

Huff, puff, India will finally be a $2 trillion economy this year

India will finally be a $2 trillion economy this year, but getting back to 8-9 percent growth and becoming a middle income country needs faster reforms #C Rangarajan #Crystal Ball #Indian Economy #PMEAC

Apr 18, 2013

LPG cash subsidy: How oil cos will pay for UPA re-election

The PMO is planning to pay the LPG cash subsidy for only one cylinder upfront: this means the oil companies will bear a part of the UPA's re-election costs #Cash transfers #Cash-for-votes #Direct Benefits Transfer #LPG #LPG Subsidies

Apr 15, 2013

This may be a time to SIP gold, not sell mindlessly

The recent crash in gold prices is part of the gold bull and bear cycle. It is not a reason to abandon the metal as a false god #Gold Bug #Gold prices #Smart Money