Just recalling my elementary school days and the English subject we all have written the essay on “If you where the prime minister of India“. If you compare those essay with the current scenario of the country I could write this with confidence that non of your point holds true .
I thought of rewriting it today with ten key areas where reform is needed. In all likelihood, they are not the only ten, but consider them to be the most crucial:
- Improve governance. Without better governance, delivery systems and effective implementation, Continue reading “If you where the prime minister of India : Ten Things to achieve India’s 2050 Potential”
The combined output of emerging-market economies now accounts for more
than half of world GDP and energy consumption. The emerging countries also hold 70% of the world’s foreign-exchange reserves. As a result, rich countries no longer dominate either the global economy or the global economic-policy agenda. Emerging countries’ global integration, demand for Continue reading “Emerging Economies and Currencies”
Corporate bond market and equity market is interlinked , for when there is a bad news about the company the share prices goes down and the corporate bond prices goes down. The corporate bond market is also deeply linked to the government bonds market if the interest rate goes up bond prices of both the market goes down. Currency spot and derivative market of the world are also connected with the India bond market.
In India it’s been treated differently and had failed. In order to achieve progress critical requirement is to make perspective of the Bond Continue reading “BOND CURRENCY DERIVATIVES: (Back to School)”
Apparently I did a lot of India growth stories through my postings. In the month of April when S&P downgraded India BBB- ? that is the last rung in the ratings grade of S&P ,downgrade from here meaning India will be having speculative grade rating. I am very positive about it I don’t believe India’s growth problems are mainly related to global slow down. They are more structural in nature & need systemic changes.
Yesterday again S&P gave the red signal that India could be 1st BRIC to lose investment grade. Just look back Continue reading “India Growth Story”
When INR touched the level of 56 against 1$, the first sms I received “Ab Tak – 56”. One of the thriller movie in Bollywood. The other msg that I received which is now trending in twitter the famous dialogue of an Indian flick “Amitabh Bachchan has demanded at all payments to him be made in dollars instead of INR. Kyunki main aaj bhi gire huye paise nahi uthaata”
The Rupee has been trapped in a vicious circle, the free fall is on the roll, Continue reading “India Growth Story : Currency/Crude/Politikos”