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Dow ends over 18000 for first time ever as US GDP is at best pace in 11 years

Dec 24, 2014

Dow ends over 18000 for first time ever as US GDP is at best pace in 11 years

US stocks rose on Tuesday, with the Dow closing above 18,000 for the first time ever and the S&P 500 ending at a record after an unexpectedly strong report on economic growth. The Nasdaq ended modestly lower, pressured by the biggest selloff in biotech names in many months, while trading was light ahead of the Christmas holiday. #markets #US growth #Dow Jones #S&P500 #US GDP
The fiscal cynics are wrong; it is growth that will shrink the deficit, not the reverse

Dec 22, 2014

The fiscal cynics are wrong; it is growth that will shrink the deficit, not the reverse

If growth is to revive, someone must spend or invest. If companies and private consumers are stuck with debts, only government has the ability to act. So it must act. #fiscal deficit #Arun Jaitley #Revenue Deficit #Bank NPAs #Mid-Year Economic Analysis #Debt-to-GDP #Balance-Sheet Slowdown
Forget Kissinger, India should use Arthashastra for world domination

Dec 02, 2014

Forget Kissinger, India should use Arthashastra for world domination

Of all the diamonds in our backyard -- Aryabhatiya, Ashtadhyayi, Mudrarakshasa the most sober, ruthless and practical is Chanakyas Arthashastra. #China #US #InMyOpinion #Henry Kissinger #Indian Economy #World economy #Vladimir Lenin #Chanakya #Arthashastra #World GDP #Mao Tse Tung
Japanese PM Shinzo Abe to may call for snap elections next month

Nov 12, 2014

Japanese PM Shinzo Abe to may call for snap elections next month

Public support for the Abe administration is hovering around 50 percent, the lowest levels since he took power in December 2012. #NewsTracker #Sales Tax #Shinzo Abe #Snap Election #Liberal Democratic Party (LDP) #Komeito #Japan GDP data
Hillary Clinton praises PM Modi's Swachh Bharat campaign

Oct 31, 2014

Hillary Clinton praises PM Modi's Swachh Bharat campaign

Former US Secretary of State Hillary Clinton has praised Prime Minister Narendra Modi for his focus on sanitation and cleanliness and called for more women participation for the world economy to recover quickly. #World #United States #India #GDP #Narendra Modi #Hillary Clinton #UN General Assembly #Swachh Bharat campaign

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BJP win lifts markets, but road to economic recovery may be long

Dec 10, 2013

BJP win lifts markets, but road to economic recovery may be long

The function of the markets is to believe what it wants to believe. A bear market factors in only the worst even if there are some signs of turning around. A bull market factors in the best, even if the signals are unsustainable. #Economy #Stock market #GDP #BJP #ToWhatEffect #Indian rupee #Lok Sabha elections #tax revenue