Expert Zone

India Markets Weekahead – Volatility seen as RBI policy review in focus

By Ambareesh Baliga
June 16, 2013

(Any opinions expressed here are those of the author and not of Thomson Reuters)

Volatility is here to stay and trying to predict the markets on a daily basis is a futile exercise. It’s no better than tossing a coin.

Why the RBI should cut rates again

June 10, 2013

(Any opinions expressed here are those of the author and not of Thomson Reuters)

In May, the Reserve Bank of India (RBI) had hesitatingly cut the repo rate by 0.25 percent, which made no impression on the stock market or commercial banks. That was because both expected the cut to be more substantial. But the RBI had not obliged.

The road to smart technology

By Sunil Lalvani
June 3, 2013

(Any opinions expressed here are those of the author and not of Thomson Reuters)

The Sixties witnessed the world’s first major technology wave with the rise of the mainframe, which had a dramatic impact on business processes and continues to do so even now. The second wave was the rise of the mini-computer, which had ease of use and was affordable. The third has been the PC, which needs no introduction, and the Internet is the fourth.

Will the rupee fall further?

June 3, 2013

(Any opinions expressed here are those of the author and not of Thomson Reuters)

On May 31, the rupee fell to an 11-month low of 56.51 to the dollar. It wasn’t the only currency to suffer a loss. Most currencies depreciated during the month; some more than the others.

The threat of a junk rating

May 20, 2013

(Any opinions expressed here are those of the author and not of Thomson Reuters)

Credit ratings by agencies are never very objective and their long-term outlook is also seldom accurate. Sovereign ratings, in particular those which are not solicited, are generally unreliable and often biased. But rating agencies do draw attention to critical issues that should not be ignored.

The resurrection of Congress

By Shashi Tharoor
May 15, 2013

(This piece comes from Project Syndicate. The opinions expressed are the author’s own)

India Market Weekahead – Inflation, FII inflows to be key

By Ambareesh Baliga
May 12, 2013

(Any opinions expressed here are those of the author and not of Thomson Reuters)

The bulls are back and their four-week winning streak saw the Nifty close at a 29-month high of 6107 on Friday, up about 2.75 percent for the week. Liquidity flows remain robust, fuelling the momentum despite political heat in New Delhi.

The uncertainty principle and the India-Pakistan relationship

By Shruti Pandalai
May 10, 2013

(Any opinions expressed here are those of the author and not of Thomson Reuters, the IDSA or the Indian government)

Decoding Subbarao’s signals

By Hartmut Issel
May 7, 2013

(Any opinions expressed here are those of the author and not of Thomson Reuters)

When Reserve Bank of India (RBI) governor Duvvuri Subbarao announced last week that the central bank was cutting its policy interest rate for the third time this year, he also made a statement that may well have been directed as much to watchers of the Indian economy as to its managers. His message to the government, originally coded in technocratic diplomacy: It’s time for you to do your share in reviving growth.

Why is RBI chief Subbarao so cynical?

May 6, 2013

(Any opinions expressed here are those of the author and not of Thomson Reuters)

In its policy review on May 3, the Reserve Bank of India (RBI) did bring down the repo rate by 25 basis points but it also presented a gloomy outlook on growth and inflation which left the stock markets cold. The Sensex, which had surged in anticipation, fell 160 points. What makes the RBI so negative when even rating agencies are inclined to accept the emergence of green shoots?