There is only one further bad news expected – the real economy worsening. But stock markets bottom out 3 to 6 months before. Is October the bottom, again?
Informed debate requires the processing of evidence, something in short supply in India.
Regardless of economics, or facts, most analysts have only one prescription for the Indian economy – raise interest rates!
International organizations have an obligation to be apolitical and to practice governance when disseminating data on incomes and poverty.
Monetary authorities should not practice ideology, especially since monetarist ideology has been made obsolete by globalization and development.
It is fortunate that Indian democracy had a trust vote – crises help to identify, and eliminate, the rot.
A Karat conclusion is a double whammy wrong – deeply ideological and not in the best interests of India.
The nuclear deal: better late than never and a poetic outcome for India, the PM Manmohan Singh and Communist leader Prakash Karat
The Growth Report is an excellent example of how an attempt to be balanced backfires.
That panic has set in among policy makers is suggestive of the worst being over in global inflation.
