Inflation is high; RBI may not cut rates

Amid the backdrop of high inflation, the Reserve Bank of India may not cut interest rates in its month-end policy review to boost industrial growth which slipped to 2.4 per cent in May, say......

Crash may hit realty, consumer spending

The sell-off in the equity markets, especially by foreign institutional investors, could have a ripple effect across asset classes andimpact consumer spending. "Equity markets are a critical driver......

Why yuan cannot replace dollar for int'l trade

Abheek Barua, chief economist at HDFC Bank, explains why China's renminbi is a long way from becoming a global reserve currency. There is a common assumption these days that any discussion on......

Is the Indian economy slowing down?

Do the recent IIP numbers foretell a slowdown in the economy? Or does one have to look elsewhere to seek the real picture? Abheek BaruaChief EconomistHDFC Bank "We could be standing at the edge......