Government deficits are the ever-present threats to growth. This is the underlying message in the third quarter monetary policy review
The RBI could have offered a repo rate cut if only the government had achieved some measure of fiscal consolidation.
The RBI boss, who will unveil a review of Monetary Policy on 24 January, has a tough tightrope walk to execute this time.
Yields on eurozone debt have fallen, but don't assume that the crisis is abating. This is just the result of the ECB's liquidity boosting activities.
Even after accounting for dollar sales, and extra note printing on the govt's behalf, there is a Rs 65,000 gap in unexplained liquidity demand.
Pranab Mukherjee made it very clear that making policy was government's right, not courts. Does this mean it will make its own 2G auction policy?
Volumes remain robust, but valuation concerns see deal sizes going down.<br /><br />
India's poor run will stop sooner than later and it will be despite the government. Take, for example, the IT sector. Infosys and Cognizant have guided for slower growth this year, but the fact is that their hiring plans are still robust with each of them planning to up the workforce by over 20 percent.
India's telecom sector is screaming blue murder over Trai's spectrum pricing. Maybe they should bid in terms of revenue share.
The sale of SlideShare to LinkedIn for $119 million shows Indian tech entrepreneurs are increasingly powering global organisations.
Rise in gold prices is a catch-22 situation. Rising gold prices will increase gold imports despite a duty hike and higher gold imports will push up the CAD further, which will weaken the rupee, and the falling rupee will lead to a rise in gold prices.
The April-December trade figures show why the rupee is not going to be out of the woods for some time yet.
How should tariffs be set for natural monopolies like airports? The recent tariff hike for Delhi airport will be closely watched
Since the economy always responds with a lag to rate cuts, the RBI needs to start cutting repo and CRr rates in its 24 January policy
Given the sharp fall in dollar inflows, the government could consider the issue of external bonds like the IMD and Resurgent India Bonds of the 1990s
Debt reduction and lower consumption will be the watchwords for India. This is good for the markets in the long run. Look for a revival by the second half of 2012.
Clearly there are no innovative categories or innovative brands. Just innovative people.
The government is facing a Rs 80,000 crore shortfall in tax and non-tax receipts this year. It is scrounging around for cash.
Given extremely tight liquidity conditions and soaring short-term rates, the RBI has no option by to ease liquidity by cutting the cash reserve ratio.
Urban middle class taxpayers use Sodexo coupons to buy food from malls. These coupons may be better for food security or NREGA payments to the poor.
Bollywood style icon Sonam Kapoor tweeted that it's almost impossible to stay in Mumbai. While Thomas Swick writes that no other city had scared him, even before he visited it, like Mumbai did.
It's not the most pleasant option for either side, but life moves on. You get a new job, the employer gets a new replacement.
Minority shareholders do not figure in the government's scheme of things except to buy out a part of its ownership when the government disinvests a small stake.
Many businesses that start with the passion of an individual rather quickly find themselves in areas of associated businesses that are not necessarily related to the original purpose.
With inflation showing signs of easing, the RBI will have to focus on liquidity and guide the markets on the rupee's future direction.
Whoever said inflation was softening ought to have his eyes examined. Newspaper headlines are confirming this every day.
Bad policy may be lowering the Indian economy's trend rate of growth, but the business cycle will give us more volatility in GDP growth.
The city's architecture defies climate. For Mumbai's high-rises, the need to be tower-like, an icon splashed on front page ads of national newspapers, is the problem.
The European Union's decision to reduce deficits is not really a solution to the eurozone crisis. The stock markets may be happy, but the bond and currency markets know better
Trend of outperformance of equities led by knowledge stocks will continue going forward given the positive outlook for the US economy, as well as given the weak growth outlook for China and India