Articles: October 2016

By: Ranjit K Pattnaik, Jagdish Rattanani
Category: Common citizen, RBI, Indian economy
While each of the members has articulated their views, the overall impression that flows is that members were keen to reduce rates rather than free themselves of the noise that the clamour for lower rates has created, and then approach the issue by looking purely at data rather than expectations.
By: Ajit Ranade
Category: RBI, Indian economy, Global
India being much more dependent on domestic drivers of growth remains a bright spot but it is not without its challenges, among them the underlying inflationary pressures and private investment likely remaining constrained by weakened corporate and public bank balance sheets.
By: Himadri Bhattacharya
Category: Common citizen, RBI, India politics
The decision of the newly formed MPC to cut the repo rate at this time is likely to hurt its credibility. It will do precious little with regard to the problems associated with very high stressed assets/NPAs of banks, the resolution of which alone can spur credit growth and corporate investment.
By: Jagdish Rattanani
Category: Global
A nation that only eight years ago elected its first African-American President is now debating global issues with cries of “lock her up”, asking for Democratic nominee Hillary Clinton to be arrested, with wild statements led from the podium by a man who has targeted Muslims and other minorities.
By: Martin Macwan
Category: Common citizen, India politics, Inclusive growth
The vulnerability of women to sexual and other violence in the context of caste has been a sorry feature of our national life, the prerogative of men, particularly those hallowed with ‘higher’ and ‘pure’ caste status. If it is caste, then women appear to be condemned to the lowest status.
By: Usha Thorat
Category: Common citizen, RBI, Inclusive growth
So the long awaited policy - the first policy from a newly set up and newly constituted MPC, the first policy of the new RBI Governor, - has come and gone! It has left most people happy –except perhaps savers and pensioners –who may still not be aware of the implications for them!
By: Ranjit K Pattnaik, Jagdish Rattanani
Category: Common citizen, RBI, India politics
Clearly, the rate cut at this juncture is more sentiment-driven than fundamental analysis-driven. The market, industry captains, government had a heavy deal of expectations from the MPC on a rate cut. Therefore, the rate cut could be seen as a tactical move to pacify this strong clamor.
By: Ajit Ranade
Category: India politics, Indian economy
But the current hostilities add an element uncertainty in the minds of investors. This was seen on the day of the surgical strike itself. Global stock markets rallied, and the Indian stock market too should have moved in sync, as always. The Sensex actually fell by 500 points during the day.
By: Ajit Ranade
Category: Global, India politics, Indian economy
The current hostilities add an element uncertainty in the minds of investors. This was seen on the day of the surgical strike itself. Global stock markets rallied, and Indian stock market too should have moved in sync, as always. But the Sensex actually fell by 500 points during the day