The author is a Reuters Breakingviews columnist. The opinions expressed are her own.
from Expert Zone:
(Any opinions expressed here are those of the author and not of Thomson Reuters)
A spirited rally on Friday ensured that the Nifty closed flat in a week marked by indecisiveness. With the Goods and Services Tax (GST) bill out of the way, market participants were left with no immediate near-term triggers. RBI Governor Raghuram Rajan’s last policy review had little impact on markets, as most had expected him to maintain status quo.
from Alison Frankel:
(Reuters) - Let's face it: If you're on the losing side of an arbitration decision, you're probably not going to get the arbitral ruling overturned, regardless of whether your appeal takes place in state or federal court. Far more often than not, courts defer to arbitrators.
Drought, farmers, poor pricing and bad infrastructure in the world's second-most populous country hinder Prime Minister Narendra Modi's 'Make in India' vision; peer-to-peer lenders try to deal with a downturn; and Donald Trump's economic plan is more pinstripes than blue collar.
from Keeping Score:
The head of the U.S. Olympic Committee Scott Blackmun talks about the financial aspects of putting together an Olympic team and how the organization chooses which sports to make a priority. He also puts in a plug for Los Angeles, which is vying to host the 2024 Summer Olympics. Plus, whether American football will ever make it to the games, on this week’s Keeping Score podcast.