The Reserve Bank of India's liquidity-tightening measures are no match against sheer economic mismanagement
Question is should WPI-based inflation be an important input for monetary policy decision?
Recovery in the US economy is still too shaky to turn off the QE tap
Urban expenditure as % of rural expenditure
With non-performing loans rising, European banks may be forced to reduce their India exposure, putting more pressure on the rupee
Indian companies say the easing brings little cheer, despite the fact that their input costs have been falling
However, the good story ended here. A sub-two per cent growth rate was lower than the market expectation of around 2.5% growth
All indicators point to a further steady weakening
Why government policy and jobless growth have let inequality worsen in recent times
India's forex reserves are so heavily dependant on external borrowing that any rating downgrade would demand higher interest rates
Not because the government thinks so; but relative to some Eastern European countries, it certainly does