Breaking Views News - Page 12

Sorry Lefties: High growth is compatible with equity
Contrary to what one would expect, in India high-growth states actually have lower levels of rural-urban spending inequities. This suggests that equity and growth can go hand in hand.

Russia, China liken US to a 'parasite' and 'time-bomb'
How Russia and China are working actively, with words and deeds, to change the way the world perceives the US.

Anatomy of a failed leader: how Obama lost everything
The Obama of today is a far cry from the messianic leader who rode to presidency in 2008. Profile of a shrunken president.

Dollar consolidates, 10-year bonds rally to new high
The US dollar consolidated and the treasuries rallied despite the potential of a US credit downgrade and possible default.

Promoters, better watch out, big investors are regrouping
While there may not be any sudden change of guard at any of these companies, one would expect private equity investors to strengthen their position on their boards.

Why going urban means more gender discrimination
The upside of India's growing urbanisation is faster growth and more investments. The downside, in the near term, is growing sex discrimination and declining sex ratio in urban areas.

Rate hike will definitely slow down credit demand: Bankers
Banking biggies like SBI and HDFC Bank too felt the heat. Non-Banking Financial Institutions (NBFIs) turned weaker after the RBI policy action on Tuesday.

RBI's top priority: Inflation or industrial growth?
Though the RBI could be nearing the end of tightening, the survey says, don't expect the central bank to give any hints of that when the inflation could well be in double digits when it starts capturing the full effect of the fuel price hike.

UPA's cupboard is bare even before the spending has begun
Midway through its second term, the UPA's economic miscalculations have left the treasury weak, making it tough to bankroll the high expenditures planned for later to ensure re-election in 2014.

Case for another rate hike: it works only if it hurts
There is no strong reason to pause rate hikes because corporate growth and bottomlines are still looking robust. The RBI's credit policy should reflect this fact so that core inflation is brought down - even if growth suffers.

Copper's weakness, dollar's strength threaten equities
The recent weakness of copper suggests that equity may also hang loose. That, coupled with the US dollar's bullishness, adds up to a negative for equities.

Fai, fake notes, terror: Pak's multi-pronged war on India
The National Investigative Agency has managed to connect the dots between the fake currency notes being pushed into India by Pakistan and its official government mint.

The NAC of getting it wrong: Back to garibi hatao days?
Intellectuals are now beginning to understand the downside of Sonia Gandhi's social security schemes, which are more populist than realistic. They will create more dependency on the state, instead of making people stand on their own feet.

The dollar is dying, but guess who's giving it the kiss of life?
It's two minutes to midnight on America's debt clock, and toxic politics has pushed the US economy and the dollar to the edge.

US indicts HSBC tax-dodging client who hid money in India
As US tax officials gun for tax evaders, a slice of Indian-American clients of HSBC in India feel the heat.

We won't sow: India's farmers in crop holiday mood
Falling farm viability due to rising costs has prompted some agriculturists in Andhra Pradesh to declare a crop holiday. They are demanding higher support prices. The move may jeopardise the viability of the Food Security Bill and dent the anti-inflation effort.

Vijay Mallya's Good Life isn't anyone else's business
Kingfisher Airlines doesn't deserve a bailout is a valid argument to make. But why lace it with a strand of moral posturing about his lifestyle?

Fed doctors are pouring the drunk economy a stiff drink
US policymakers are already beginning to talk of another round of monetary easing. Why this is bad news for you.

Greek crisis? China slowdown? How global macro affects you
It's not just the 2G and corruption scandals we should worry about. Global macro developments can also impact our markets. But not all the negative developments will affect us negatively.

Five bumps that could impact the Indian economy this year
The Indian economy faces many uncertainties this year due to slowing growth and a rising budget deficit brought on by loose fiscal policies in the past.

Familiar tune: US presses India to open up retail and finance
Hosting Pranab Mukherjee and India's A-list finance team, Treasure Secretary Tim Geithner presses home, yet again, the need for India to open up banking and retail.

Time for Greece to say goodbye to the euro: Mark Weisbrot
Greece's unsustainable debt burden is made worse by EU-IMF conditions for a bailout, and Greece should walk away, says Mark Weisbrot, co-director of the Centre for Economic and Policy Research.

Food inflation makes India poorer, Vietnam richer
Continuing our coverage of food inflation, we focus on Vietnam where rising food prices have lifted over 1 million people out of poverty, just the opposite of the India story.

Stocks may get a short-term fillip from S&P 500 rally
Technically, the Indian markets are in bearish territory. But if the US S&P 500 stages a rally as it enters the demand zone, there could be a sharper - but short-term - rally in India. At the very least, there is a case for not short-selling too much.

Small savers could earn more from PPF, PO schemes
Small savings matter to the 'aam aadmi', the mascot of this United Progressive Alliance government. For the year ended March 2011, the small savings outstandings with the government in popular schemes like public provident fund, monthly income scheme of the post office and kisan vikas patra is Rs 7,93,440 crore.

China could face a crisis bigger than 2008 financial meltdown
Why China's announcement of a bailout of local governments has some economists more worried about what's to come.

After Kingfisher, it's Jet. Can anything save the airline industry?
The state they are in now, India's airlines are unlikely to attract foreign investment even if the sector is thrown open. For now, the sector seems destined to fester in its own crisis.

India in numbers: Food inflation at 9%, car sales low
Food inflation back at 9 percent, World Bank sets India GDP at 8% for this fiscal, finance minister says revenue targets challenging, PM reviews road map.

When economists fight, there's blood on the spreadsheets...
Why economists seem never to agree, and why everyone loves to hate Nobel Prize-winning economist Paul Krugman... Watch Bonus hip-hop video of economists Keynes vs Friedrich Hayek.

US heading for depression, eurozone seen as a failure
There's a fiscal 'catastrophe' looming in the US, and a 'meltdown' on the horizon in Europe: the global economy is about to take a giant hit.