From the ET: Indian authorities will this week discuss imposing restrictions on overseas investments by local companies and curbing pre-payments of foreign ...
India’s Purchasing Manager’s Index (PMI) accelerated to a three month high in November 2011 to 52.3, from October’s 50.3. (This is a composite index, a ...
The September Quarter GDP numbers are out and we have a headline number of 6.9%. Note that this is released by MOSPI which is notorious for revising data ...
From The Hindu: In an effort to resolve a long-standing payment crisis, the Reserve Bank of India has given permission to the Central Bank of Iran to open ...
Subra debunks the myth that real estate prices can’t fall. I agree with him. Real estate prices have fallen big time in the past, and will continue to when ...
Mike Shedlock shares an interesting letter about Slovenia (whose bonds went to 7% recently): I am an economist from Slovenia (I have written you before about ...
The Index of Industrial Production has showed a miserably low growth of 1.81% since last year. But I don’t trust this data so we can’t read too much into ...
The crisis in Europe has been stunningly reversed, or so the markets think. Details are sketchy but we have this: Banks and other holders will voluntarily take ...
RBI has raised interest rates by 0.25%, taking the repo rate to 8.5% and the reverse repo to 7.5%. The repo rate is what banks pay to borrow overnight from the ...
The latest RBI macroeconomic survey (Oct 2011) precedes their announcement on monetary policy today. Key parts in their outlook: Growth risks have increased on ...
