A moment to Laugh. A year to ponder! | read this item
President Obama has ordered a review of key parts of aviation security. Specifically, the part where you look for the terrorist, the part where you find the terrorist and the part where you arrest the terrorist. – Paul Seaburn, Spring, Texas
Al Qaeda has claimed responsibility for the attempted bombing of that U.S. flight on Christmas [...]
Mark Twain
New Year’s is a harmless annual institution, of no particular use to anybody save as a scapegoat for promiscuous drunks, and friendly calls and humbug resolutions.
Brooks Atkinson
Drop the last year into the silent limbo of the past. Let it go, for it was imperfect, and thank God that it can go.
Bill Vaughan
Youth is when [...]
Greece, Ireland, Spain on watchlist | read this item
Mr. Gali, a spanish economist, like a number of other European experts, takes the view that the euro zone’s resilience has been underestimated. He says the recent convulsions are more the result of trigger-happy ratings agencies that have downgraded the sovereign debt of Greece and others in atonement for having failed to foresee the subprime [...]
While India growth steam roles, the growth is being increasingly being funded by borrowing. The fiscal beficit has no widened to worrying 6.7% of GDP which works out to roughly $70 bn.
India Finance Minister was on record:
“We shall have to strike a balance between the requirements of the economy and the capacity of the [...]
Renuka Ramnath moved out of ICICI Ventures in 2009 to start her own alternative asset management firm, Multiples.
A pioneer in the Indian private equity (PE) fraternity, she is credited with spotting opportunities such as Infoedge, Pantaloons and Deccan Aviation quite early during her stint at ICICI Ventures. In her new venture, Ramnath is raising [...]
INVESTING CONTRARIAN for subscription
India is 1/10 th the size of US economy and EU economy and yet holds far more promise and resillience than both these economies combined. While the world focuses on Chinese growth albeit with skepticism and caution at the numbers being thrown out, no such aspersions have ever been cast at [...]
India: Reserve Bank of India Independence | read this item
While the Indian constitution does not give any institution complete autonomy, RBI too comes under the purview of Indian government. Lately though RBI has been known to take its own course even if they clash with the interests and biases of the central government. Case in point being the tenure of RBI governor Reddy. The [...]
S&P to fall below March lows: Sprott | read this item
These voices keep reducing isnt it? Gone are the months where almost all the voices and analysis we heard was about S&P going down. How could anyone have imagined the index to cross 1000 from the absolute bottom of the pit.
Now here is a rare voice in todays bullishness that we may find it [...]
China GDP revision: On way to largest | read this item
China announced an upgrade to its GDP estimates to 9.6% in 2008 as compared to the runaway number of 13% in 2007. The interesting piece of info was concerning the energy utilisation per GDP growth.
China’s economy grew by 9.6 percent, 0.6 percentage points more than earlier estimates, in 2008, the National Bureau of Statistics (NBS) [...]
India Rate rise coming in Jan 2010 | read this item
India’s monetary policy focus is shifting to managing recovery and containing inflation from fostering growth after the global downturn, Reserve Bank India (RBI) deputy governor Shyamala Gopinath said.
“The near-term policy challenges are clearly conditioned by the evolving growth-inflation outcome that supports shifting the balance of policy focus on managing the recovery and on containment of [...]
Greece, Ireland, Spain on watchlist | 
Why am I so bullish on India | 
China GDP revision: On way to largest | 
