Archive for the ‘Economy’ Category
Budget Highlights
July 7th, 2009
Mukesh Dedhia
Infrastructure Development
• IIFCL to refinance 60 per cent of commercial bank loans for PPP projects in critical sectors over the next fifteen to eighteen months. IIFCL and Banks are now in a position to support projects involving total investment of Rs 100,000 crore (US$ 20.61 billion).
Highway and Railways
• Allocation to National Highways Authority of India (NHAI) for the National Highway Development Programme (NHDP) increased by 23 per cent over B.E. 2008-09 in B.E. 2009-10 and allocation for Railways increased from Rs 10,800 crore (US$ 2.23 billion) in Interim B.E. 2009-10 to Rs 15,800 crore (US$ 3.27 billion) in B.E. 2009-10.
COST OF MONEY
June 29th, 2009
Mukesh Dedhia
Food inflation is still closer to double digits, though the overall inflation is negative.This is a big threat to India’s economic recovery, given low consumption demand and end of an easy monetary policy
THE next time the RBI honchos get in a huddle with policy makers in the North Block, they have one hot topic to take stock: rising food prices. Food price inflation is currently in double digits though that based on the wholsale price index has retreated into the negative terrain, largely because of the high statistical base for June 2008.
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‘BULL MARKET’ IN EQUITIES HAS BEGUN: MARK MOBIUS
March 24th, 2009
Mukesh DedhiaThe next “bull-market” rally has begun and there are bargains in every emerging market following a record slump in stocks, Templeton Asset Management Ltd’s executive chairman Mark Mobius said. “You have to be careful not to miss the opportunity,” said Mobius. “With all the negative news, there is a tendency to old back.” Emerging markets are in “better shape” than developed economies, Mobius said. The fund is looking for companies that are “cash-rich,” have low debt and higher dividend yields, or those that can invest for future growth yet have cash left to pay shareholders, he said.
How to make money when interest rates are falling.
February 13th, 2009
Mukesh Dedhiahow-to-make-money-when-int-rates-are-falling
Recession And Depression: They Aren’t So Bad
February 11th, 2009
Mukesh DedhiaRecessions and depressions have occurred many times throughout history. To many, they bring fear and uncertainty, but they are actually a natural part of the economic cycle. Unfortunately, there are a lot of myths surrounding market cycles, but in order understand them, we must look beyond these myths. In this article, we’ll examine recession and depression, how they work and what they really mean for investors.