Page 2 - Front Running

Devangshu Datta: A watershed for the wrong reasons

The note ban is pulling down IIP. There will likely not be sufficient cash in the system for a year. Rural India will suffer as there is no chance that telecom networks and banks can be set up in these areas for cashless transactions within 6 months

Devangshu Datta: Opportunity ahead... if you have patience

Due to a badly planned demonetisation drive, there's technically a bank run in India

Devangshu Datta: Prospect of bear market looms over India

Between Trump's whimsies and the demonetisation of Rs 500, Rs 1,000 notes, the Indian market and the common man may have to sweat it out

Devangshu Datta: Unpredictability could be a big factor

The lunar nature of religious holidays leads to difficulties in calculating consumption year-on-year. GST implementation could be delayed again. In the US, the presidential elections are turning out to be closer than expected

Devangshu Datta: Confounding cross connections

Contradictions in Indian economic data mean that flatlining and joblessness exist side by side with signs of strong consumption

Devangshu Datta: A lot hinges on the Indo-Pak situation

Market trends for a while will depend on how the two countries negotiate ties. If that heads towards normal, Nifty might even hit 9,000

Devangshu Datta: Trundling along without much progress

Weak US data dampen chances of a rate hike by the Federal Reserve. The European Central Bank has also maintained status quo. And the market consensus is that the Reserve Bank of India may hit the pause button too

Devangshu Datta: Poised to capitalise on a positive first quarter

A good monsoon could rein in food inflation. Largely good corporate results mean better days are ahead. Nifty may reach record levels

Devangshu Datta: Don't uncork the bubbly just yet

Investors have waited six quarters for signs of the proverbial green shoots that indicate a turnaround in the business cycle

Devangshu Datta: A contentious saga of tax reform ends

The finance minister reckons the GST could be rolled out by April 2017. This might be optimistic, given the amount of legislative coordination required. Whenever GST does come into force, some chaos is guaranteed

Devangshu Datta: Dealing with known unknowns

Uncertainty is almost guaranteed in post-Brexit UK and EU. Something similar is expected in the US if Trump becomes President. Back home, what is certain is that GST will either be passed or shelved. A super-normal monsoon seems to be the only near-definite possibility

Devangshu Datta: Earnings report card a deciding factor

That, along with policy meetings of the central banks of a few countries, will likely set the trend for the markets for the rest of the year

Devangshu Datta: A bullish yet unpredictable situation

In terms of momentum and technical trends, the market is upbeat. But Brexit and the US Federal Reserve may upset calculations

Devangshu Datta: Repercussions of Brexit and Rexit

While the UK will possibly go into recession, the bigger fear is copycat referendums from other EU nations. Back home, Raghuram Rajan's successor at Mint Road will have his or her work cut out

Devangshu Datta: A buoyant mood that could turn sour

The market is back to being optimistic. A good monsoon, prospects of an early passage of the Goods and Services Tax Bill, along with low energy prices and a dovish Fed, will keep spirits up. But niggling worries could play party pooper

Devangshu Datta: A desert flower can wilt too

The Indian economy has behaved like a desert flower, doing well even as the global mood has turned gloomy. But with global growth set to slow further, India is likely to be dragged down also

Devangshu Datta: A bad-news-is-good-news scenario

If you take the combination of weak manufacturing trends, lower-than-expected inflation and an overvalued rupee, a rate cut by the RBI certainly seems obvious