Property sector in China is one of the biggest in the world and has trillions of dollars invested both from internal savings and foreign borrowings. Property investment has grown to account for about 13 percent of gross domestic product roughly double the US share which it had at the height of the bubble in 2007….
read moreWhen the sub-prime crisis hit the US in 2008, the US government did what it took to save the world economy from drifting into a serious recession. What the US economy needed immediately was a high level of liquidity to shore up the US companies before they went into bankruptcy. Huge amount of public money…
read moreThe next parliamentary election of EU is scheduled for May 22, 2014. The sense of frustration and insecurity in the various countries will dominate the election. For example, 39 percent of respondents in France, in a survey conducted by Financial Times of London said that the economy was much worse than it was an year…
read moreThe election is over and the new government will soon take over. Change of government does not mean that old problems are solved. But means that fresh solution can be sought to these problems. Postponing in addressing any of these problems will end up in a disaster. So what are the problems and how to deal with…
read moreIn all probability, India will manage to get a new government with a single party’s majority or its near abouts. This government will in all likelihood be able to operate without major constraints like building a vote bank by offering unsustainable benefits. What then are their priorities? They should plan on winning at least 2…
read moreThe real Indian gross domestic product (GDP) is grossly underestimated. The government and RBI are not in a position to study the unorganized sector and its contribution to the GDP. We have nearly 90 banks and 1 lakh branches in India and this to serve a population of 1.25 billion people. More than the 80…
read moreThe last day of election happened to be May 12, 2014. Half an hour after the completion of the polling the leading TV channels based on the data that they had collected after randomly selected voters who had cast their votes and were walking out of the booth did the following predictions. For the sampling…
read moreIt is not an everyday opportunity to interact one-one with a senior executive of one of the biggest IT players in the world. When one such opportunity came, I was all excited and there I was – waiting anxiously to interact with Mr. Apurva Chamaria, Global Head – Brand & Digital, HCL Technologies. I was…
read moreThe monetary authorities including the US Federal Reserve the Euro Central Bank and the Reserve Bank of India are in a quandary. They are confused because their monetary policies are not producing the desired results. For example, take the case of India. The monetary policies adapted by the RBI did not bring down the inflation…
read moreWe in India celebrate life like no others can. For example, those who have witnessed Thaipoosam a festival worshipping Lord Muruga will agree with me totally. Individuals who otherwise are sane poke sharp and long needles (vale) throughout their bodies recite prayers loudly and ignore the pain. In fact they are in a state of…
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