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March IIP boosts green shoots theory, but it's not a recovery
Green shoots need to be nurtured. But will a government fighting a scandal a day be able to do that? #Numbers #Economy #P. Chidambaram #C Rangarajan #IIP #Ashwani Kumar #Pawan Kumar Bansal
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Slowdown pinches: Manufacturing PMI at 16-month low
Power outages continue to hamper production. Growth in total new orders and export business also slowed, #NumberCrunching #manufacturing #HSBC #PMI
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Budget 2013: No room for tax hikes ties govt hands on revenue front
Taxes cannot be raised at a time when the economy is slowing down while it cannot be broadened as elections are due in 2014. #Numbers #GDP #fiscal deficit #Chidambaram #Taxation #Budget2013 #Union Budget 2013
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CAD's bad, real bad: and external debt is looking worse
The rear-view numbers for current account deficits are scary. But the year ahead looks better due to falling oil prices #Numbers #rupee-dollar #CAD #ExternalDebt
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The wages of slowdown: Govt's coffers are running dry
The government is facing a Rs 80,000 crore shortfall in tax and non-tax receipts this year. It is scrounging around for cash. #Numbers #fiscal deficit #Public finance #Budget #Tax Revenues
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Dollar rally faces headwinds; may provide strength to equities, commodities
The US Dollar has reached a long term area of resistance which is likely to end the greenback's rally and result in a reversal, or at least a correction. #Numbers #dollar rally #dollar index
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Bird of gold
Data shows that Indians are consuming more meat. But unlike the US and China, Indian meat consumption does not seriously impact global food supply. #Vegetarianism #Numbers #Chicken #Venky's #Global food supply
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RBI is shooting itself in the foot over inflation
Sustained and persistent inflation is not an act of god. It is made by mistakes in macroeconomic policy. It can and should be contained by solving these problems of macroeconomic policy. #Inflation #Numbers #RBI #Macro-Economic policy #Price indices #NotJobsButPassion