Aggregate demand is not even close to being as strong as the RBI claims – in fact, demand is weak, and weakening.

India’s excess inflation is mostly due to the high populist minimum support prices for agri-culture.

Inflation has peaked, and yes, so has the RBI’s repo rate.

PS: No justification for recent RBI rate hikes.

DT contends that Indian stock market is significantly undervalued, even at 4700. Inevitable corrections notwithstanding, and irrespective of NASDAQ, the Sensex should reach 6000 by March 2001.

It pays to know about the election results before they happen. Which is why market players go to great lengths to derive information about who is going to win...