Rajrishi Courtesy: Indianhilbilly
19 May 2015

Stock Markets: ‘Modi Premium’ fading?

As Modi completes one year in office, a sense of despondency pervades the customary reviews that ritually accompany such an event. Rumblings of discontent have emerged from various stakeholders and stock markets have taken the lead in signalling disappointment with his performance.

Lagarde 2 Courtesy: IMF
19 March 2015

IMF, RBI and interest rates

The IMF’s 2014 review has some good GDP news but its reservations on interest rates bears closer attention. It can take 32 months for the effects of a an interest rate cut to be felt. What does this mean for the Indian economy?