interestrateripoff Posted July 10, 2014 Author Share Posted July 10, 2014 http://www.bbc.co.uk/news/business-28228670 India's new government is lifting some caps on foreign investment, tightening borrowing limits and plans to introduce a goods and services tax as part of what it calls a "budget for growth". Finance Minister Arun Jaitley said India's people were "exasperated" after two years of economic slowdown. India's economy has slowed markedly in recent years, growing by 4.7% in 2013-14. In 2010-11, growth was 8.4%. Mr Modi's government has promised reforms aimed at creating jobs. The budget is also expected to contain measures designed to slow inflation. Love the positive spin. They are hardly likely to call it the budget for contraction. Quote Link to comment Share on other sites More sharing options...
interestrateripoff Posted August 4, 2014 Author Share Posted August 4, 2014 India’s Toilet Race Failing as Villages Don’t Use Them Sunita’s family in the north Indian village of Mukimpur were given their first toilet in February, one of millions being installed by the government to combat disease. She can’t remember the last time anyone used it. Quote Link to comment Share on other sites More sharing options...
interestrateripoff Posted August 4, 2014 Author Share Posted August 4, 2014 (edited) Duplicate. Edited August 4, 2014 by interestrateripoff Quote Link to comment Share on other sites More sharing options...
interestrateripoff Posted August 5, 2014 Author Share Posted August 5, 2014 Rajan Holds Rates for Third Meeting in India Inflation Fight India’s central bank left interest rates unchanged for a third straight meeting as retail inflation slowed and Prime Minister Narendra Modi released food stocks to offset the risk of higher prices from a weak monsoon. Quote Link to comment Share on other sites More sharing options...
Venger Posted August 8, 2014 Share Posted August 8, 2014 http://uk.reuters.com/article/2013/09/12/uk-india-rbi-rajan-idUKBRE98B0AX20130912 India's slowing economy and its massive current account and fiscal deficits are not structural problems and can be fixed with modest reforms, newly appointed central bank Governor Raghuram Rajan said on Wednesday.Rajan's commentary on the Project Syndicate website was dated Sept 11, although it was written before he took office on Sept 4, according to the site. Rajan acknowledged in the column that the economy will expand at a pace that will be its slowest in a decade, with annual growth this year likely to be between 5 and 5.5 percent. Not structural and easily fixed... Great news all round. Maybe that's to his national audience. He's more bearish on threats from other risks, something that could Wham!.... but if that's a risk to HPI, then surely they'll just load more debt onto young people again. Scan from yesterday's Times. (Also covered in the FT) Although, he's been a hopeless bear for sometime, just like myself, struggling to see how HPI can compound so much - but proven wrong, for it can. VI floated to huge wealth and go go HPI, FLS, QE, 0.5%, HTB, victim excuses for overpayers. IMF warns of global DOMINO house price crash Thursday 23rd September 2004 11.40am A 'domino effect' house price crash could occur globally if rising interest rates in one country cause house prices to tumble there warned the International Monetary Fund. The countries most at risk are some of the world's richest where properties have soared in price recently. Those countries include the UK, Ireland, Australia, Spain and the US where a crash in one country could send house prices plunging across the other economies. "Just as the upswing in house prices has been a global phenomenon, it is likely that any downturn would also be highly synchronised, with corresponding implications for global economic activity," Raghu Rajan, Economic Counsellor and director of research at the IMF wrote in a report to be included in the fund's semi-annual World Economic Outlook. Mr Raghu Rajan said it was hard to justify house price gains in all the countries particularly the UK, Australia, Ireland, Spain, and the United States, where house price increases in recent years cannot be explained by movements in fundamentals alone. A downturn everywhere would need a common factor, Mr Rajan said, and that common factor would be interest rates. The IMF suggested that the best course of action in those countries would be to tighten monetary policy soon, but to do it gently. Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted August 8, 2014 Share Posted August 8, 2014 Maybe that's to his national audience. He's more bearish on threats from other risks, something that could Wham!.... but if that's a risk to HPI, then surely they'll just load more debt onto young people again. Scan from yesterday's Times. (Also covered in the FT) Although, he's been a hopeless bear for sometime, just like myself, struggling to see how HPI can compound so much - but proven wrong, for it can. VI floated to huge wealth and go go HPI, FLS, QE, 0.5%, HTB, victim excuses for overpayers. Hopeless bear or not...He's right, Quote Link to comment Share on other sites More sharing options...
interestrateripoff Posted October 8, 2014 Author Share Posted October 8, 2014 Exclusive - India's central bank to monitor trades by companies in debt markets India cbank in talks with Euroclear for bond settlement - deputy governor Quote Link to comment Share on other sites More sharing options...
interestrateripoff Posted October 9, 2014 Author Share Posted October 9, 2014 Modi Says Indian States Need Investor-Friendly Policies Indian states with business-friendly policies will attract the largest portions of the $100 billion of international investment promised for the country over recent weeks, Prime Minister Narendra Modi said. Quote Link to comment Share on other sites More sharing options...
interestrateripoff Posted October 13, 2014 Author Share Posted October 13, 2014 India Inflation Slows More Than Estimated Amid Rajan Price Fight Isn't inflation what the global economy needs to recover? India’s Top-Growing Large State Seeks to Copy China Boom Quote Link to comment Share on other sites More sharing options...
interestrateripoff Posted November 26, 2014 Author Share Posted November 26, 2014 Rajan Seeks More Power for India’s Banks Over Big Defaulters Reserve Bank of India Governor Raghuram Rajan said banks should have more power to recoup money from defaulters to rebalance a system that’s skewed in favor of large companies. The Indian credit system is unhealthy and rests on an uneven sharing of risks and profits that overprotects big borrowers and forces state-controlled banks to absorb losses in downturns without profiting in good times, Rajan said yesterday. “The sanctity of the debt contract has been continuously eroded in India in recent years, not by small borrower but by the large borrower,” Rajan said at the Institute of Rural Management Anand, in India’s western state of Gujarat. “This has to change if we are to get banks to finance the enormous infrastructure needs and industrial growth that this country aims to attain.” Quote Link to comment Share on other sites More sharing options...
interestrateripoff Posted November 28, 2014 Author Share Posted November 28, 2014 Pressure Grows for Rajan to Follow China Cut as India Slows After months of holding one of Asia’s highest interest rates to fight inflation, Indian central bank Governor Raghuram Rajan is getting closer to a cut. India now needs to cut the magic interest rates. Quote Link to comment Share on other sites More sharing options...
interestrateripoff Posted December 2, 2014 Author Share Posted December 2, 2014 Rajan Holds India’s Rates While Signaling Cut to Come: Economy India’s central bank left interest rates unchanged for a fifth straight meeting while signaling a possible easing early next year after Prime Minister Narendra Modi’s government called for lower borrowing costs. Quote Link to comment Share on other sites More sharing options...
interestrateripoff Posted December 9, 2014 Author Share Posted December 9, 2014 Indian Current-Account Gap Widens to Largest in a Year India’s current-account deficit widened more than estimated to the largest since the quarter through June 2013 as exports slowed and gold imports surged. Quote Link to comment Share on other sites More sharing options...
interestrateripoff Posted December 30, 2014 Author Share Posted December 30, 2014 India finance minister denies pressuring central bank to cut rates Quote Link to comment Share on other sites More sharing options...
interestrateripoff Posted January 12, 2015 Author Share Posted January 12, 2015 Weak recovery seen in Indian output as Modi courts investorsNEW DELHI - Held back by weak demand at home and abroad, Indian industrial output probably made a tepid recovery late last year, underscoring the challenges faced in 2015 by Prime Minister Narendra Modi as he seeks to woo global investors this week. Quote Link to comment Share on other sites More sharing options...
interestrateripoff Posted January 15, 2015 Author Share Posted January 15, 2015 Unscheduled India Rate Cut Sends Stocks Soaring Reserve Bank of India Governor Raghuram Rajan cut interest rates in an unscheduled review to revive growth in Asia’s third-largest economy after inflation eased. Stocks, bonds and the rupee surged. Everyone is cutting. Quote Link to comment Share on other sites More sharing options...
interestrateripoff Posted February 6, 2015 Author Share Posted February 6, 2015 Indian banks' loans up 10.7 percent year-on-year in two weeks to January 23 - central bankSounds sustainable..... Quote Link to comment Share on other sites More sharing options...
interestrateripoff Posted February 10, 2015 Author Share Posted February 10, 2015 No. 1 For Now: India's New GDP Data Join Global Revisions by Sandrine Rastello India's not the first to get a boost from changing the way it measures GDP Quote Link to comment Share on other sites More sharing options...
council dweller Posted February 10, 2015 Share Posted February 10, 2015 Toilets. ....never mind all that, this is the big issue. In the north African desert why did the Brits win against the superior Germans? They had superior toilets! Why do Africans grow much larger than Indians despite Indians intake of a larger amount of calories? Toilets again. As Ghandi said...."what do you mean did we see the Tarj! see it? We were never off it!! Toilets. Toilets and I say again toilets. Quote Link to comment Share on other sites More sharing options...
interestrateripoff Posted February 13, 2015 Author Share Posted February 13, 2015 India's growth is outpacing China's. What happens next affects us all India's GDP per head is only about one-fifth that of China, so it can grow faster for longer, writes Hamish McRae Quote Link to comment Share on other sites More sharing options...
interestrateripoff Posted March 1, 2015 Author Share Posted March 1, 2015 India's economy 'about to take off' as Finance Minister unveils budget that puts boosting growth before painful reforms PM Narendra Modi tweeted that the plans would 'further reignite our growth engine' Quote Link to comment Share on other sites More sharing options...
interestrateripoff Posted March 4, 2015 Author Share Posted March 4, 2015 India surprises with second rate cutThe Reserve Bank of India cuts its key interest rate, in a surprise move for the second time this year. India interest rates kept on hold India in surprise interest rate cut Everyone should just be given free money... Quote Link to comment Share on other sites More sharing options...
interestrateripoff Posted March 16, 2015 Author Share Posted March 16, 2015 India better prepared for external financial shocks - IMF IMF 7:52am GMT India a 'bright spot' on cloudy global horizon - Lagarde IMF 7:52am GMT India's wholesale prices fall 2.06 percent year-on-year in February Quote Link to comment Share on other sites More sharing options...
interestrateripoff Posted April 1, 2015 Author Share Posted April 1, 2015 Wives fill Indian boardroom quotas Full article Wives fill Indian boardroom quotas Set a target and people will meet it. Quote Link to comment Share on other sites More sharing options...
interestrateripoff Posted April 3, 2015 Author Share Posted April 3, 2015 Indian banks' loans up 9.5 percent year-on-year in two weeks to March 20 - central bank I'm sure this isn't a bubble. Quote Link to comment Share on other sites More sharing options...
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