IMF World Economic Outlook, April'16. What is new…
The IMF projects a 0.2% downward revision for the world growth in 2016, which stands at 3.2% now. Almost all the major economies have witnessed a downward revision, except China for…
Rain, Rain; Come soon…
The IMD’s (Indian Metrological Department) prediction of monsoon being 106% ± 5% of LPA has brought only cheers, but even tears of happiness on this good news for the nation,…
Interest Subvention vs Interest Subsidy – A far reaching reform measure…
The Finance secretary Mr Ratan Watal’s statement on the issue again re-affirm the fact that the government is firing on all cylinders and in all directions..! The proposal simply means…
Jewellers’ Strike – What is at Stake…
The jewelers’ strike appears to have a comic undertone…! Its like a person refusing to disclose his wealth to the Income Tax Dept because IT Dept will, then, harass him..! And I…
RBI Policy – The Rationale…
The much anticipated rate cut did happen, apart from some other far reaching announcements. It may be worthwhile to understand the reasoning… Inflation has moved along the expected lines. While…
Banking Sector Interconnectedness
The interconnectedness of banking and financial sector is not widely understood or discussed yet a high risk issue. The rapid spread of contagion during financial crisis in 2008 was primarily…