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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
Jan-Mar current account to show surplus after 32 quarters, says HSBC

Feb 08, 2015

Jan-Mar current account to show surplus after 32 quarters, says HSBC

India's current account is likely to swing to surplus after 32 quarters of deficit in the January-March period, and will halve to 0.6 percent of GDP in the next financial year starting 1 April, says HSBC. #GDP #GDP growth #HSBC #exports #imports #Foreign exchange #CAD #Current account #CAS