Sep 20, 2013
The fact is that the Indian economy is now on steroids administered by the US Fed. It is not sustainable therapy, but what it does do is give room for policymakers in Delhi and Mumbai to set their house in order; start pushing the fundamentals to where they ought to be. #Sensex #Inflation #nifty #RBI #TheLongView #Ben Bernanke #US Fed #Raghuram Rajan #Indian rupee #Rate cut
Sep 17, 2013
The government, desperate for a rate cut, may be hoping that a softer CPI food price will prompt the RBI to take a favourable decision sooner.But the fact is that if this is indeed a government trick to force a rate cut, it is also risking the credibility of government data. #Inflation #RBI #Interest rates #Government #WPI #CPI #Rate cut
Aug 18, 2013
According to the global brokerage firm, the RBI is likely to remain focused on supporting the rupee, which has depreciated by more than 13 percent since May and crossed the psychological level of 62 against the dollar last week. #RBI #Reserve Bank of India #Monetary policy #Rupee #PolicyWatch #Rate Cuts
Aug 13, 2013
Jul 29, 2013
Jul 04, 2014
Employers added 288,000 jobs in June and helped cut the unemployment rate from 6.3 percent to 6.1 percent, the lowest since 2008. It was the fifth straight monthly gain above 200,000 — the best such stretch since the late 1990s tech boom...
Jun 30, 2014
IT research firm Gartner has cut its forecast for global IT spending by about one-third for this year, blaming a tougher competitive environment and subsequent pressure on vendors to lower prices. Spending will rise 2.1 percent to US$3.7 trillion in ...
Jun 26, 2014
The great rate freakout of June 2013 looks awfully panicky in the rearview mirror, with fixed mortgages now far cheaper than they were back then...