Dubai’s Debacle and India
Dec 7th
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 Dubai (another desert place).
The first [...]
A Brief Review: Dubai Crisis
Dec 7th
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 to diversify into other [...]
GDP – Q2’10
Dec 1st
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 [...]
