India Forex Advisors - Market Commentary
Sterling rallied upwards overnight as BoE minutes revealed that one more member voted for increasing interest rates amid heightened inflationary pressures. Japan bond yields touched a three- week low as unrest in Libya sparked concern of higher oil prices will slow the global recovery. AUD advanced against the greenback after reports showed business investment rose in the final three months of 2010 and an index of leading indicators increased in December. AUD Private Capital Expenditure q/q came out weaker at 1.3% vs 6.9% previously.Read More...
Board of India Today Economists discuss why India can't grow at 10 per cent
The Board of India Today economists convened on February 11 to discuss the state of the economy in the run up to the union Budget on February 28. The meeting, chaired by India Today Editor-in-chief Aroon Purie and moderated by Deputy Editor Dhiraj Nayyar, featured Bibek Debroy, professor at the Centre for Policy Research, Laveesh Bhandari, Director Indicus Analytics Read More...
Budget must focus on Growth, Food Inflation, FDI, Govt B/s
We believe that the domestic demand scenario remains quite strong. Hence, what we need to focus is on financing the accelerated growth. We need to mobilize USD 1 trillion for investing in infrastructure development. The government should come out with innovative fiscal incentives to tap private resources for infra outlays. Read More...
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