Expert Zone

Indian markets at risk but elections could spell change

By R Rajagopal
September 17, 2013

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

It’s been an eventful September so far for India. The Indian parliament cleared key economic legislation in its extended session. The Reserve Bank of India saw a new governor taking charge. FII flows reversed trend to turn positive in equity and debt markets. Volatility in the currency market subsided and the rupee staged a recovery from historic lows. Near-term bond yields shrank and the August trade deficit came in lower as exports climbed. The Syrian crisis seems to have abated. Does this mean that the worst is behind us and things will start improving?

A bumper crop may energize Indian industry

August 7, 2013

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

Industrial growth in India in 2012 was less than a percent and data from April and May this year doesn’t show a lot of promise. The reluctance of industry to grow has been the reason for GDP growth dropping to a disappointing 5 percent, raising doubts about whether the India story has come to an end. That may be an extreme view considering that even the best performers, such as China, are having problems.

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.

What ails the UK and western economies

May 18, 2011

(The views expressed in this column are the author’s own and do not represent those of Reuters)

U.S. vs China: which economy is bigger, better?

By Derek Scissors
April 15, 2011

A girl holds a U.S. and Chinese flag at the White House in Washington January 19, 2011. REUTERS/Kevin Lamarque/Files

(The views expressed in this column are the author’s own and do not represent those of Reuters)