Archive for December, 2009

Dubai’s Debacle and India

I was on vacation for a week and all of a sudden amidst the desert of Jaisalmer saw Indian markets crashing like anything. Called up one of my colleagues in Kolkata and he told that the sell of today is because some kind of a debt default by a company from More >

A Brief Review: Dubai Crisis

Introduction

Dubai Crisis that unfolded on the end of November has brought to the front fears that many people had about the financial crisis and the after effects. Dubai, predominantly oil producing nation, about a decade ago was aspiring to move away from the oil business as it felt a need More >

GDP – Q2’10

  • India’s second quarter GDP grew by 7.9% compared to 7.7% y-o-y while 6.1% q-o-q. The figure surpassed everybody’s expectation and is the indicator that the economic activities in the country are performing really well
  • Liquidity has been plenty and domestic demand has been good. All of these have contributed to the More >
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