This article “When PM decided to quit” which I have read on Rediff (click here for the story) show the sad affair of Indian politics.
After the terror attack, what we needed was a strong leadership at this time of national crisis, but what we have seen was a weak Prime Minister who instead of leading from [...]
Mumbai Terror Attack Fallout – Same Old Game
Bear Stearns liquidates Rs 900cr Indian equities
Times of India writes: The Indian outfit of US’s fifth largest investment bank, Bear Stearns, on Monday began liquidating its holdings in India, triggering fears of a further plunge in the stock prices of mid-cap companies held by it. Read On:
Forex derivative losses likely to touch $3-5 bn
Ranju Sarkar writes in Business Standard: Corporate India may be sitting on a $3 billion to $5 billion (Rs 12,000 crore – Rs 20,000 crore) notional loss on its exposure to foreign exchange derivatives. Read On
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Worse is yet to come in forex derivative losses writes Ranju Sarker in Business Standard. Read On
Brokerages say “buy” but cuts price targets
Read On Business Standard writes on lowering stock price target for the big companies: Most broking houses are giving a “buy” recommendation for key frontline stocks, but have reduced their price targets from a quarter ago after falling markets tempered expectations. The Bombay Stock Exchange’s (BSE) Sensex has declined by 4159.01 points or 20.5 per cent [...]
Year of the Carp
Read on what Shankar Achaarya writes in Business Standard: As usual, it has provoked reams of commentary from serried ranks of financial journalists, tax consultants, investment analysts, general columnists and, of course, my own tribe …economists..
Indian economy on a downhill slide?
Read on Rediff: Last month, India’s powerful software industry body — the National Association of Software and Services Companies (Nasscom) — held a meeting to do a reality check amid rising global economic concerns: Is the Indian growth engine slowing down? Does India need to worry? How sharply will the US recession hit the nation?
Best Stories on Indian Budgets
Economic Times present views from the captains of Indian Industry – every one giving a big thumps-up: Read On
Future of Retail Industry In India
50% of malls may shut down by 2010 – this is an interesting article which talk about the future of retail industry in India which will face pressure by 2010, retail industry is big bit it is not every ones cup of tea only few will survive and this article touch upon those issues. Read [...]
Andy Mukherjee on Myth about Cost Advantage in India and China
Andy Mukherjee is one of the best columnist in Asia and is a treat to read his articles which get published on www.bloomberg.com – he has this great ability to look issues and data from a unique perspective and this particular article is a perfect example of his skills where he give a different perspective [...]
