(Any opinions expressed here are those of the author and not of Thomson Reuters)
The 2013-14 budget got completely out of hand because of a whopping shortfall in tax revenue. Development outlays had to be drastically cut to manage the fiscal deficit.
(Any opinions expressed here are those of the author and not of Thomson Reuters)
We live in stirring times. The president of the European Central Bank, Mario Draghi, crossed the monetary policy Rubicon and cut one of the euro area’s key interest rates into negative territory. This is dramatic stuff, as even the most economically oblivious are likely to recognise that negative interest rates are a radical policy.
(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 Nifty touched a new high of 7,700 before cracking on Friday to slip about 0.5 percent for the week. This was primarily triggered by the unrest in Iraq and the subsequent rise in crude prices.
(Any opinions expressed here are those of the author and not of Thomson Reuters)
The marginalization of women in electoral politics is deeply embedded in the party system and the imbalanced gender power relations in the main political dispensations in India. They continue to be discriminated against not only in terms of seat allotments to contest elections but also within the rank and file of major political parties.
(Any opinions expressed here are those of the author and not of Thomson Reuters)
(Any opinions expressed here are those of the author and not of Thomson Reuters)
It’s reasonable to ask whether the Indian stock market has lost steam after the blistering run-up seen over the past couple of months. Since August, the markets have rallied about 40 percent, with many stocks in high-beta sectors such as infrastructure generating a return of more than 100 percent. At a one-year forward price-to-earnings (P/E) multiple of 15x, the Nifty isn’t exactly cheap for retail investors right now.
(Any opinions expressed here are those of the author and not of Thomson Reuters)
At his second cabinet meeting, Prime Minister Narendra Modi unveiled a 10-point programme that set out a comprehensive agenda for his ministers. The agenda is a good cocktail of short-term needs and long-term objectives.
(Any opinions expressed here are those of the author and not of Thomson Reuters)
After a dream run for markets, we witnessed a correction last week with the Nifty declining about 1.86 percent to close at 7,229. The smaller stocks also paused — the NSE mid-cap index lost about 4.5 percent.
(Any opinions expressed here are those of the author and not of Thomson Reuters)
There are 24 life insurance companies operating in India, and Life Insurance Corporation of India (LIC), the industry’s biggest player, was one of only five which did not have an online term plan, until now.
