Budget a Non-Event as Govt Plays Safe; Falling Yields to Shift Asset Allocation to Equities
The Government presented a fiscally sound budget and avoided any major steps to boost expenditure and mitigate the shock of demonetization....
310 Views
India Budget FY2017/18: Prudent, but with a Focus on Boosting Investment
The fiscal deficit for FY2017/18 is projected to decline to 3.2% of GDP (from a likely 3.5% of GDP this year), despite a big 25% YoY projected...
246 Views
Trade Intensity Leading to Asian Expansion
A recovery in global demand led by the G3 advanced economies have fed into export upturns in trade-focused East Asian economies. Japan, South...
195 Views
Demonetisation: Update From the South
On my second trip to India after demonetisation I expected to undergo the same hardship as my earlier trip in December. The only consolation was...
687 Views
Pre-Budget: Marginal Room for Stimulus
On the eve of the budget, shares on the stock market have rallied, raising hopes of the long delayed revival in private sector capital expenditure...
744 Views