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RBI cuts repo rate by 25 bps

May 7, 2013

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On May 3, RBI cuts repo rate by merely 25 bps after a prolonged request from the banks and other industry veterans. RBI also warned that there is no more room for the rate cut in the future without the drastic reduction in inflation. It is obvious that there is nor much decline in the inflation, [...]

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What is Fiscal Deficit?

February 26, 2013

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India’s fiscal deficit is gone beyond the safer zone. India’s finance minister has finding it difficult to control the fiscal deficit and that is the reason why there are increase in the fuel prices, new service taxes, etc. Out economic growth has come to an meagre 5% which is very low for the past 10 [...]

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Rupee value, recession, europe problem and global issues coverage

January 28, 2013

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In the past, I have published many of the interesting articles about the reason for rupee value depreciation, recession, problem in euro zone, etc, and there is hundreds of comments from readers. In this post, I would like to summarize or collection of most popular links for our readers. Even though the articles are old, [...]

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Diesel price deregulation

January 21, 2013

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It is the time for review one of the important policy taken by our government. The diesel price has been deregulated with regulation. It means that now oil companies can start fixing the price for diesel every month with approval from the government. It is almost like deregulating the diesel prices. Petrol prices are already [...]

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What is Basel-III norms for Banks?

May 28, 2012

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The banks in a country must be strong enough to come through any tough situations. The reality is we have seen in the 2008 crisis, worlds largest banks needs bailout from the govt. to survive. If the banks itself have such a problems, then how a country’s economy can be stable enough to challenge a [...]

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What is Currency Pegging?

May 25, 2012

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Something strange is happening in India’s external economic relations. The rupee value has gone down to a new low level against US dollar and other major currencies. It seems likely to depreciate further. I have explained in my old article about the reason for rupee value decline and how it impacts your daily needs. Making [...]

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What is GAAR?

May 24, 2012

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General Anti-Avoidance (GAAR) is introduced by our finance minister in the last budget session to avoid the tax evasion of the foreign investors. At present situation, there is no Know Your Customer (KYC) formalities for the foreign investors. The money which is invested in the stock market is coming from a foreign entity, but our [...]

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Mystery of Petrol Price Hike

May 24, 2012

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Once again, the petrol price increased by the union govt.  for whopping Rs. 7.50 in a single shot. It is directly hits the common man’s belly. According to their statement, petrol prices won’t impact the people because diesel prices are directly related to the public transport. Does it make a sense?. Who are using the [...]

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How did the fall in value of the rupee affect you?

December 30, 2011

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In my earlier article, I have explained why does rupee value depreciate against the dollar currency and the various factors affecting the changes in the currency. As of writing this article, still the pressure on the Rupee against Dollar is more and we are seeing the further erosion on the rupee value. The impact on [...]

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Another global recession is in the cards…

September 28, 2011

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We have gone through a painful days in the 2008 subprime crisis which caused the global meltdown on economy. It is just few years over, yet again we are witnessing a another global slowdown is showing its face. There are dozens of economists warning the politicians to make the changes in the policy  to avert [...]

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