(Any opinions expressed here are those of the author and not of Thomson Reuters)
After a prolonged slowdown, the U.S. economy is finally showing signs of recovery though much of it comes from investment in inventories and may not be sustained at the present high rate.
(The following essay is commentary. The views of the author do not necessarily reflect those of Reuters)
(This piece comes from Project Syndicate. The opinions expressed are the author’s own)
(This piece comes from Project Syndicate. The opinions expressed are the author’s own)
(Any opinions expressed here are those of the author and not of Thomson Reuters)
The New Year was ushered in with a steep and sudden correction in the broader indexes, with the Nifty closing 1.63 percent lower at 6,211. However, the mid-cap and small-cap indexes outperformed.
(Any opinions expressed here are those of the author and not of Thomson Reuters)
High inflation, low GDP growth and a sharp depreciation in the rupee led to subdued returns of 6.8 percent for the Nifty in 2013.
(Any opinions expressed here are those of the author and not of Thomson Reuters)
The economy was already in distress before 2013, but with no significant action by the government and increased pressure from external sources resulted in more danger signals. It is now doubtful whether the economy will recover in the current fiscal.
(Any opinions expressed here are those of the author and not of Thomson Reuters)
A surprise decision by the Reserve Bank of India (RBI) to keep the repo rate unchanged and a dovish statement from Ben Bernanke in his last news conference as U.S. Federal Reserve Chairman improved sentiment with the Nifty closing 106 points higher at 6,274.
(Any opinions expressed here are those of the author and not of Thomson Reuters)
The budget deficit has been a concern for India, but Finance Minister P. Chidambaram has assured that the government will not deviate from the target of 3 percent deficit in 2017. In the very first year, however, it has become almost obvious that the target will be missed.
(Any opinions expressed here are those of the author and not of Thomson Reuters)
The past 12 months have been characterized by the narrowest market in two decades although sectoral performance varied significantly. While the markets are likely to be range-bound, valuations are expected to rise in 2014, especially in the first half.
