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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.

Jun 29, 2012

CAD’s bad, real bad: and external debt is looking worse

The rear-view numbers for current account deficits are scary. But the year ahead looks better due to falling oil prices #CAD #ExternalDebt #Numbers #rupee-dollar

Jun 28, 2012

No cheques: Govt, RBI want to checkmate paper money

The finance ministry and the RBI are taking us away from paper cash to electronic money. #Banknote #Cash-less Society #Cheques #MoneyTalk

Jun 26, 2012

If it’s June, it’s time for a diesel and gas price hike

With Pranab Mukherjee gone and the PM taking over the finance ministry for a while, one should expect a diesel price hike this week #Manmohan Singh #oil #Oil subsidies #Petro-fuels #Petrol #Pranab Mukherjee

Jun 25, 2012

How not to rescue the rupee: The UPA misses a chance

The joint Govt-RBI announcement to rescue the rupee and reverse negativity has been botched with the RBI alone coming out with steps. #Economic slowdown #External Commercial Borrowing #FII Investment #Gilts #rupee-dollar #TheExplainer

Jun 21, 2012

What files are Pranab-da’s office staff shredding?

As Pranab Mukherjee prepares to exit North Block, his office seems to be shredding tonnes of paper. Shouldn't someone enquire what's being shredded? #eGoMs #ExitMode #Omita Paul #Pranab Mukherjee

Jun 20, 2012

Bengal’s self-goal: Haldia Petro MD ousted in boardroom coup

Mamata Banerjee's government has managed to hammer another nail in Bengal's industrial coffin by an ill-advised coup in Haldia Petrochem #BoardroomCoup #CorporateWarfare #Haldia Petrochem #Mamata Banerjee #Purnendu Chatterjee #Sumantra Choudhury

Jun 19, 2012

Why the euro will fail for sure

Greece isn't the issue at all. If the eurozone does not become one country the euro is a goner. #Eurozone crisis #Germany #Greece

Jun 18, 2012

Why Subbarao told the finmin to take a walk

The latest policy is the clearest signal yet from the RBI that rates can't fall further without a lot of effort from the finance ministry #Duvvuri Subbarao #MonetaryPolicy #PolicyWatch #Pranab Mukherjee

Jun 6, 2012

Sharma vs Jairam: Cong flyweights in shadow-boxing bout

Anand Sharma, the Commerce Minister, thinks Jairam Ramesh is not reformist enough. UPA's skirmishes are now percolating to less senior ministers. #Anand Sharma #Jairam Ramesh #Politics Decoder #Pranab Mukherjee #Shadow-Boxing #UPA Jockeying

Jun 2, 2012

Should the rich leave all wealth to their children? Naah

A Bangalore meeting attended by India's rich businessmen and Bill Gates may help generate more giving for charitable causes. #Azim Premji #Bill Gates #Capitalism #InMyOpinion #Mahatma Gandhi #Rakesh Jhunjhunwala #Ratan Tata #Trusteeship #Warren Buffett