Economy
RBI: Rates, Banks and Inflation
There could not have been a more opportune time for me to write this article. With every passing day since the last year, Dr Subbarao’s job is getting increasingly tougher. With inflation still keeping up against RBI and absence of significant structural actions on Government’s part to control inflation, options More >
US Debt ceiling – What is it all about?
One of the most talked about news doing rounds in the world economy in the last month has been the US debt ceiling. US is the biggest economy of the world with $ 14.6 trillion of GDP. Nearest competitor China is at $ 5.8 trillion i.e less than half of More >
Role of Commercial Banks towards Financial Inclusion
The whole process of financial inclusion will not be possible without the contribution of banks. Banks are the key pillars of India’s financial system. Public have immense faith in banks. Share of bank deposits in the total financial assets of households has been steadily rising (presently at about 40%). Banks More >
Scams, corruption and WE….
There is an old adage from a Nana Patekar movie –
Sau me assi be-imaan….fir bhi mera BHARAT mahaan
Historically, there always has been much ado about corruption in the country and that sort of became a part of the life. But thanks to Anna Hazare, Baba Ramdev and the recent media More >
Case for a 50 basis points on May 3??
“Sakhi saiyan to khub hi kamat hai…..mehngai daayan maare jaat hai….” goes a number from a popular bollywood flick and rightly so atleast for RBI.
Since the last 15 months or so…RBI has been trying to battle the rising inflation by raising rates (What are policy rates?) eight times since March last More >
Federal Reserve and Regulators Work Together For Financial Reform
The economic debacle of 2008 brought the modern economic system to the brink of total collapse. In fact, there was a brief period of weeks in September and October of 2008 when the most powerful people in the world were unsure what was going to happen. The incredible shock and More >
The Relevance of Economic Indicators to Financial Markets
Economic indicators can be broken down into 3 basic categories: Primary, Secondary, and Tertiary. Primary indicators are the ones that everyone should be paying attention to, secondary indicators are less important in determining the direction of the market but can often times serve to help evaluate primary indicators, and tertiary More >
Maharashtra Budget 2011
Generally it is the Union Budget presented by Finance Minister of India which creates a lot of furor in the securities markets. But this time around, there is a state budget which is causing market participants some panic in operations. It is the Maharashtra State Budget.
Maharashtra Budget 2011
Ajit Pawar, Finance More >
Budget 2011- High expectations amid looming concerns
February 28, it is that date on the calendar which probably everyone, from politicians to CEOs to salaried class put a mark and make sure that they pay heed to one guy who has the potential to put a hole in your pocket. The guy is Finance minister and the More >