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State of economy: Glass half-empty or half-full?

While naysayers say the economy is on a downward spiral, optimists point out that India has experienced a shift of gears in the realm of policies, thanks to several initiatives of the Narendra Modi......

Is RBI's forex swapping window actually useful?

As in 2008, the latest effort of the RBI will have a temporary and limited impact on the exchange rate. Eventually the fundamental factors of fiscal and current account deficits will determine its......

How to bring fiscal discipline

Legislation on fiscal discipline will not help unless government is ready to bite the bullet, says M Govinda Rao.Given that the council will be appointed by the Finance Ministry and will report to......

Deficit sets alarm bells ringing

Pranab Mukherjee sounded pleased earlier this week when he told a TV interviewer that India's projected fiscal deficit of 6.8 per cent of GDP in 2009-10 was still better than the 11 per cent......

Budget: A delicate balancing act!

Well, as expected, with lurking scepticism and caution, the first full Budget of the new government was a deft balancing act for broad-basing sustained economic growth, rather than a 'big bang'......
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Glass half-empty or half-full?

While naysayers say the economy is on a downward spiral, optimists point out that India has experienced a shift of gears in the realm of policies,... ...

http://www.rediff.com/money/column/state-of-economy-glass-half-empty-or-half-full/20171114.htm

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