The slush of global liquidity has had one unintended consequence: the creation of bubbles in asset prices. India has absorbed a huge surge in capital inflows over the last few months, mostly into the stock market, which has recorded a 100% rise in the same period.
Finance minister Pranab Mukherjee has laid to rest speculations about India imposing capital controls in the face of rising capital inflows. In a recent statement, he clearly said that while the government would monitor the inflows, India is not planning to impose restrictions on capital inflows in the near future.
The current imbroglio on sugarcane pricing needs deeper thought. The issue basically is that the minimum price to be paid to the farmer was increased by the Central government through the fair & remunerative price.
M&A activity finally appears to be coming back to life, at least if Kraft’s $16.7 billion takeover bid for Cadbury is an indicator. Cadbury—the world’s leading confectionery company—has almost become a synonym to the word ‘chocolate’.
An annus horribilis of the worst sort later, big news in the car industry is coming from small cars. Not only did India’s Nano capture global headlines, international players are also lined up to grab at our big small-car pie.
Tata Group chairman Ratan Tata’s openness to appoint an expat as his successor is forward-thinking and broad-minded. This news will send positive vibes to other business houses, most of which are in the grip of family feud now.
We use cross-national harmonised micro data from a broad sample of developed and developing countries and investigate the heterogeneity of the effect of entry, contract enforcement regulation, and financial development on both the decision to become an entrepreneur and the level of employment of newly created businesses.
Though Saarc countries have established a food bank to meet the needs of food security in the region, it has not been operational even during times of crisis. This is despite the felt need of member nations to evolve mechanisms to make the Saarc Food Security Reserve operational.
It is largely on account of significant inflows coming from smaller and rural areas that have no access to bank accounts, thus making a strong case for financial inclusion.
The UPA-II government has finally come up against a united and belligerent Opposition, which forced an early adjournment of the first day of the winter session of Parliament, protesting against the government’s Sugarcane Control Order, 2009, ordinance.
A recent series of raids conducted by the commodity markets regulator—Forward Markets Commission—in several centres across the country confirmed that dabba trading not only exists, but is in fact flourishing.
Well, it is unlikely that you would find such naivety and candor in corporate resumes. More likely, there would be a fair amount of embellishment to showcase career achievements in the best possible light. And nobody does this more ingeniously than students in B-schools.
I was told last month that we are reforming the sugar industry, and our description of the sugar cobweb in the early 1980s in APC and BICP reports was appreciated. A rainfall failure year, however, is not quite the ideal backdrop for successful reform.
Ratan Tata usually gets to headlines by talking sense. As he is chairman of one of India’s largest and most venerable corporate groups, any movement on the question of his succession is bound to grab attention.
I suggest there is broad agreement within India on three issues: India is being unfairly labelled a ‘major emitter’; India has a considerable ongoing development burden; and India is....
Under the assorted rules and Acts related to the railways, airways, bus services, government and non-government services in India, an individual is considered a senior citizen on
Even before Parliament’s winter session has begun, Opposition parties are saying they will bring an adjournment motion against the Centre’s new sugarcane pricing policy.
The direct-to-home industry in India is growing fast but the numbers are not quite adding up to revenues for the players—not yet. Every player will tell you that India’s DTH market is small and that’s why the potential for growth is immense.
The Mobile advertising world received a significant shot in the arm last week with Google announcing plans to acquire mobile advertising network AdMob for $750 million.
This is one surge in economic numbers that will evoke mixed reactions. The sudden rise in small savings inflows this financial year—the net inflows are at Rs 10,997 crore in the first six months—is a significant turnaround from the previous financial year.