Expert Zone

Making the most of a mini-crisis

By Hartmut Issel
June 20, 2013

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

It all looked promising at the beginning of the year: the Indian rupee, like other Asia ex-Japan currencies, was appreciating against the dollar, to an extent on par with the Chinese yuan and just behind the Thai baht and Malaysian ringgit. Then came chatter in early May that the Federal Reserve was near gradually ending its money-printing program. The selloff in the rupee was rapid, and the currency lost more value than most of its Asian peers.

Indian insurers can now go international

By Deepak Yohannan
June 18, 2013

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

Global insurers have been participating in the Indian insurance market for nearly 12 years. We may soon see the trend reversing.

Hard currency status a wishful dream for the rupee

By R Rajagopal
June 18, 2013

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

A hard currency is one that is globally accepted as an exchange currency for trade. It is also expected to remain less volatile in the short term and indicate long-term stability through its purchasing power. The perceived strength and confidence in a currency is also a function of its country’s political milieu, fiscal and trade balances, the policy of its central bank and future economic outlook.

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.