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Rupee hits 65 but India should stop panicking; Here's why

Aug 22, 2013

Rupee hits 65 but India should stop panicking; Here's why

The INR fall is actually positive for the country. Politicians will not take the economy for granted and harp on pro citizen policies that actually hurt the citizens the most. Subsidies, freebies and tax exemptions lead to inflation, falling economic growth and a worthless currency. #India #Rupee #Euro #investors #CurrencyWatch #Eurozone debt crisis #INR
Slowdown forces ArcelorMittal to write down European biz value by $4.3 bn

Dec 21, 2012

Slowdown forces ArcelorMittal to write down European biz value by $4.3 bn

World's largest steel maker ArcelorMittal today said it will write down the value of its European business by about $4.3 billion on account of decreasing demand in Europe due to weaker macro economic and market environment. #CorporateStrategy #ArcelorMittal #Eurozone debt #Macroeconomic conditions
Brace for market mayhem on India GDP shock, Spain pain

May 31, 2012

Brace for market mayhem on India GDP shock, Spain pain

For the first time since 2008, GDP growth could come in below 6 percent. And if that isn't bad enough, markets everywhere are freaking out over Spain's banking crisis. Brace, brace, brace! #Whileyouweresleeping #nifty #BSE #Spain #Eurozone debt crisis