Breaking Views News - Page 11

Happy hike year: Why RBI will raise rates again

The government's petrol price hike, LPG limit and salary increase, has indeed trapped the RBI.

Renmin-mumbo-jumbo: the hype about China's currency

The ceaseless chatter about the Chinese renminbi's imminent rise as the world's reserve currency is just so much hot air.

What a weakening euro means for the rupee and India

The euro is on the skids while the rupee is on a stronger wicket. There is little reason for the Indian currency to depreciate too much.

India is going in the wrong direction: Jim Walker

The famed economist tells Firstpost the Indian government is overspending on entitlement programmes, not on economic growth; and that China too faces many risks.

India must shake down Swiss banks to dig out black money

There is growing pressure from the US on Swiss banks to reveal more on American tax evaders. This might very well be a strong sign for New Delhi to start pushing for information on Indian tax evaders.

How Goa's illegal ore miners are in league with CM Kamat (Corrected version)

Former Goa CM Manohar Parrikar alleges that 20 percent of the mining in the state is illegal and the money involved is no less than Rs 4,000 crore. But the man at the centre of it all is Digambar Kamat, who has been mines minister for 12 years running.

Certify that your basmati doesn't have bugs: US to India

Indian rice exporters will have to jump through hoops to get their product into America as customs officials at Chicago's O'Hare airport find Khapra beetle larvae in bags of rice.

Supreme Court's mining ban is ruinous for our economy

Intended to show the court's resolve to bring corrupt mining operators to book, the ban could aggravate the slowdown in the Indian economy.

The Congress should have 'done an Anna' over FDI in retail

The Congress lost an opportunity to aggressively marshal support for FDI in retail. Now, they must not waste the remainder of the winter session.

An apocalyptic end to the dollar hegemony is coming

The dollar hegemony is as much a curse to the US as to the rest of the world. Yet, in the absence of an alternative, it seems certain to destroy the global financial system.

SOS to govt: RBI can't fix economy, you have to

Given that the RBI has done its part to cool demand, the government should now focus on improving supply. Making soothing statements on the economy simply don't cut it anymore. The government must act to revive the economy.

Infosys visa fraud case set for jury trial in Alabama

Claims that Infosys routinely brought Indian tech workers into the US on B-1 visas to do work that actually required an H1-B visa will be heard at trial on 20 August.

The rain gods are smiling, so expect a good kharif crop

Despite the weatherman's forecast of a possible deficient monsoon, rainfall so far has been near normal. So expect a good kharif harvest.

Why Cong went for retail FDI: it's about realty, not reform

Whatever their public posturing, politicians want retail FDI because they hold their ill-gotten wealth in land. Without FDI, realty prices could crash further

FDI in retail: There's one thing missing in the debate...

Foreign retailers will not only serve local markets, they will also boost exports. On the cusp of an unprecedented demographic expansion, India will benefit.

The paisa will soon be history; the rupee is the new paisa

Thanks to inflation, we will soon not need any currency denoting paise. The depredations of inflation over the last century have reduced the value of the original rupee to less than a paisa. The rupee is the new paisa. It's also why the Finance Minister is thinking of minting Rs 100 and Rs 1,000 coins in due course.

Wall Street roars back, but selling pressure could return

Mr Market is in a manic-depressive mood, alternating between days of doom-and-gloom scenarios and over-the-top optimism.

Crude price fall will dent inflation in India

The slowdown in the West means crude prices will weaken - and this is good news for us on the inflation front.

Obama says US debt problems 'eminently solvable'

Obama attempts to offer assurances as global markets plunge and S&P downgrades the credit ratings of US financial institutions.

Thanksgiving: US retail giants promise to create jobs in India

The world's biggest retailers are tripping over themselves to set up shop in the last frontier of organised retail.

Don't pity the kirana guy, he knows how to fight back

No competition can take away the advantages kirana stores enjoy. Proximity is one of them.

Deven Sharma: The Indian who brought US to its knees

Defending S&P's action, Sharma said the angry reaction from the US was on expected lines and "the same you would get from any other country or company" being downgraded.<br /><br />

Asia should be very worried by downturn in US, Europe

After the 2008 financial crisis, China's massive fiscal response propped up growth in Asia. This time, China has fewer options, and the outcome won't be pretty.

S&P got it wrong, economy will avoid second recession: Buffett

However, the ratings downgrade and Europe's debt crisis will be on everyone's mind this week. So, how will markets react?

Market slide to continue today, but no bloodbath seen

After the US rating downgrade, Asian markets were bracing for a sharp fall, but this morning, the fall has been relatively muted. Likewise, Mumbai markets will open weak today, but the downslide wont be as bad as Friday's bloodbath.

Political gridlock could see US rating lowered again: S&P

The S&P chastised American politicians for political bickering when it lowered the US credit rating. Ironically, this has set off yet another round of partisan finger-pointing.

It's over for dollar and euro; get ready for Sensex 60000

Friday marked the beginning of the end of the dollar era. The euro is not in any better shape. This means once the short-term shock of this realisation is digested, China and India will be the flavour of the decade for fund managers. Belt up for the turbulent ride.

Home Videos Shorts Live TV