In any market at any time, nobody knows what is going to happen the next second, the next minute, the next hour, leave alone the next three months or a year.
Our fundamental ailment is weak exports, and the current negative sentiment surrounding the rupee is only a symptom. Any measure to alleviate the same would only be buying time
If the rupee touches 73 again, RBI should push the off-meeting button—rather than creating panic as had been feared, this will signal that RBI is engaged and recognises the `trauma'.
The trade war rhetoric may result in the dollar weakening to address Trump’s focus on bilateral trade deficits and there is talk about the US Treasury intervening in currency markets for the first time since 1985.
It is the nature of the beast that we use events—like the day you were born—to define nodal points, even though the actual starting point was likely much earlier, when your mother and father met, for instance.
It is blindingly obvious that there is nobody in charge, or that those in charge really don’t give a shit, or that local hoodlums persist in such activities because they are encouraged by those in charge.
Total portfolio outflows from India since May this year were a huge $9.5 billion, and given that Indian interest rates remain reasonably attractive, it is hard to see outflows accelerating from this level.
A turning point is upon us—technology will drive decentralisation and the sharing of assets and experiences, as will the vast armies of people who are working towards a shared future.
In particular, as already explained, global borrowing costs are set to go up, as a result of which this week’s monetary action by RBI is likely to be merely a beginning.
One way to balance out risks is to simply recognises the obvious fact that if you hedge, you are paying premium, and every day you don’t hedge, you are saving money
Increasingly, even companies who have business contracts of shorter horizons, but who have longstanding customer relationships, so they are able to estimate their sales into the future, are looking to shift their risk horizon
That the people are fed up with the BJP is obvious, not just locally, where there has been no meaningful development, but nationally as well, where in its desperation, the party seems to be ever more aggressively trying to sh
Technology, by its very nature, simply keeps evolving. Existing structures that sustain themselves on control of information will steadily dwindle—open source is the imminent future.
There are many analysts who are saying (hoping) that the Fed will not raise rates three times in 2018, as it has said it will. If it does raise rates more sharply and/or more often—given the US economy is as close to full e
