Money is being released and the government knows it will have to front-run private investment.
History would indicate that a recession is not that far off.
Markets are likely to go down, correct and stay subdued.
A stable dollar will at minimum reduce incremental cross-currency pain for Indian cos.
Finance minister Arun Jaitley has delivered a Arun Jaitley delivered a bold, far sighted budget
Most expect the Budget to be path-breaking.
Its time the RBI, govt pushes reforms to boost global investment
Some type of global shock adds to the allure of the dollar.
We still have time for this government to take action.
Faster normalisation of central-bank balance sheets will drive yields higher.
This was India's time; with a strong central bank governor and a new decisive government, anything was possible.
Many macroeconomic forecasters have built predictive models on inflation, all of which highlight intense downward pressure on prices.
Most expect these bubbles to break in short order and cause serious financial pain to anyone who's foolhardy enough to remain invested in financial assets.
.jpg)
Given the 18-day government shutdown in the US and the likelihood for continued wrangling between the Democrats and the Republicans, it now looks like tapering may be off the table till the first quarter of 2014.
.jpg)
The catalyst is the run on emerging market equities, but many investors are just tired of waiting for India to get its act together.
The Indian government and RBI must keep foreign equity investors happy and avoid crushing growth expectations, notes Akash Prakash.
Winding down quantitative easing will be messy for the West and a big problem for India.
If investors decide that US equities are good value, the consequences for the Indian market will be dire.
The Budget arithmetic seemed to be more realistic this time, though the final 5.9 per cent fiscal deficit will be more like 6.1 per cent for this year, and the target for 2012-13 of 5.1 per cent may be more like 5.3 per cent.
Growth in China may slow down, but excess domestic demand will ensure high growth rates.
© 2025 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances