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Do not see oil prices rising beyond $80-85, says CEA Arvind Subramanian

Jun 23, 2015

Do not see oil prices rising beyond $80-85, says CEA Arvind Subramanian

Subramanian said there has been fundamental shifts in the market and thought demand has come down #Gold #crude oil prices #Economic growth #Arvind Subramanian #CAD #CEA
Reining in imports: Govt proposes gold-linked bonds at 2% interest, 5-7 year maturity

Jun 19, 2015

Reining in imports: Govt proposes gold-linked bonds at 2% interest, 5-7 year maturity

The government aims to issue bonds worth Rs 13,500 crore ($2.12 billion) or the equivalent of 50 tonnes of gold in the first year #gold bonds #gold imports #CAD
Breathing space for govt as  CAD shrinks to 0.2% of GDP in Q4 of FY15

Jun 10, 2015

Breathing space for govt as CAD shrinks to 0.2% of GDP in Q4 of FY15

For the full fiscal (financial year 2014-15), the current account deficit shrank to $27.5 billion, or 1.3 percent of GDP, from $32.4 billion, or 1.7 percent of GDP, a year ago, RBI said. #Economy #GDP #RBI #NewsTracker #Current Account Deficit #CAD #Care Ratings
India poised for strong growth; GDP to rise 7.3% in FY15: OECD

Jun 03, 2015

India poised for strong growth; GDP to rise 7.3% in FY15: OECD

In November last, the grouping had projected the world economy to expand 3.6 percent and 3.9 percent in 2015 and 2016, respectively. #Economy #Inflation #India #China #GDP #RBI #NewsTracker #OECD #GST #CAD
Gold monetisation: Smugglers might be more interested in scheme than households

May 20, 2015

Gold monetisation: Smugglers might be more interested in scheme than households

Since the new scheme offers freedom to deposit small quantities, in the present structure, illegal gold holders can actually earn tax free income #Black money #Banks #CAD #gold monetisation scheme
Shaky currency: Understanding the rupee's fall when macros are stable

Mar 12, 2015

Shaky currency: Understanding the rupee's fall when macros are stable

The fall in the rupee can be directly attributed to the strengthening of the dollar vis-a-vis the other currencies, especially the euro. The strength of the dollar is obtained from three factors. #Dollar #Gold #Rupee #InMyOpinion #Currency #CAD