How do we explain India’s economic woes?
(Rajan Ghotgalkar is Managing Director of Principal Pnb Asset Management Company. The views expressed in this column are his own and do not represent those of either Principal Pnb or Reuters)
Our GDP growth rates have slid consistently quarter on quarter from 8.5 to 5.3 pct. Surely this is in keeping with a glaring trend. Therefore, this sudden surge of emotions and panic after wallowing in so such mass self-deception is surprising to say the least.
GAAR: Irrational tax laws or misplaced arrogance?
(Rajan Ghotgalkar is Managing Director of Principal Pnb Asset Management Company. The views expressed in this column are his own and do not represent those of either Principal Pnb or Reuters)
The congratulatory press clippings proclaiming the ‘rollback’ of measures in Finance Bill 2012 have suddenly cleared the air and even the stock market cheered on Monday.
With markets falling, it’s a good time to invest
(Rajan Ghotgalkar is Managing Director of Principal Pnb Asset Management Company. The views expressed in this column are his own and do not represent those of either Principal Pnb or Reuters)
The Sensex tested the 16,000 mark last week after 15 months.
I believe the following three quotes which made headlines on different days, tell us a lot when we put them together.
It’s time India reposes faith in itself
(Rajan Ghotgalkar is Managing Director of Principal Pnb Asset Management Company. The views expressed in this column are his own and do not represent those of either Principal Pnb or Reuters)
The one thing common across Asian tiger economies, including China, is that all of them have had to give up political liberties to achieve economic freedom. The situation in India is just the opposite.
Impact of U.S. debt downgrade
(The views expressed in this column are the author’s own and do not represent those of Reuters)
Standard & Poor’s has cut the U.S. triple-A rating down to AA+ which if one is to go by the technical meaning, says the U.S. is no longer as reliable as it was last week when it comes to repaying its debts.
Where is the Indian stock market heading?
(The views expressed in this column are the author’s own and do not represent those of Reuters)
The BSE Sensex has left us guessing about where it is headed. It’s not an easy task considering it had touched 20,509 in Jan 2010 and peaked at 21,207 in Jan 2008.
What ails the UK and western economies
(The views expressed in this column are the author’s own and do not represent those of Reuters)
The industrial revolution which missed India eventually resulted in this once developed and rich country being placed on the receiving end of a ruthless colonial enterprise.
What to expect from earnings season?
(The views expressed in this column are the author’s own and do not represent those of either Principal Pnb or Reuters)
The markets seem to be meandering in search of a push to move on in some direction.
What Mumbai needs to learn from New Delhi
(The views expressed in this column are the author’s own and do not represent those of either Principal Pnb or Reuters)
Last week, it was after almost two years that I took an afternoon flight from New Delhi and was back home in the city I love.
Budget 2011: Good news for mutual fund industry?
(The views expressed in this column are the author’s own own and do not represent those of either Principal Pnb or Reuters)
When it comes to the mutual fund industry, the 2011-12 budget has good news and not so bad news.
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