Posts Tagged ‘ Economy ’

Key infra sectors growth plunges to 2.3%

Growth in six infrastructure industries plummeted to 2.3% in August 2008 as compared to 9.5% a year ago i.e. in August 2007 including crude oil and petroleum refinery, showing depressing performance. Crude oil showed a negative growth by 1% in August 2008 compared to a positive growth rate of 6.5% in August 2007. Growth in petroleum [ READ MORE ]

Monetary Policy- Just Pain, No gain: Critics By SS Bhalla

Monetary authorities should not practise ideology, especially since monetarist ideology has been made obsolete by globalisation and development Let us examine why Mr Reddy’s policies are most likely to be wildly off the mark. With the CPI inflation rate around 7 per cent, Reddy increased the repo rate to 9 per cent, besides also increasing [ READ MORE ]

Monetary Policy: 2008

MEASURES ANNOUNCED Repo Rate increased by 50 bps from 8.5 per cent to 9 per cent CRR to be hiked by 25 bps to 9 per cent with effect from August 30, 2008 Bank Rate kept unchanged at 6 per cent Reverse Repo Rate under the liquidity adjustment facility (LAF) kept unchanged at 6 per [ READ MORE ]

NELP VII : Future of Oil exploration

In the recently concluded NELP VII round of bidding under the new exploration licensing policy (NELP) the government has offered 57 oil & gas blocks under NELP-VII. This included 19 deepwater blocks, 29 are onland blocks and nine blocks are in shallow water.  NELP So far In previous six rounds, the government awarded 162 blocks. So [ READ MORE ]

foreign exchange reserve: India

Foreign exchange reserves are important indicators of ability to repay foreign debt and for currency defense, and are used to determine credit ratings of nations. Large reserves of foreign currency allow a government to manipulate exchange rates – usually to stabilize the foreign exchange rates to provide a more favourable economic environment.                                                                                                                                                                                                            India’s total foreign exchange [ READ MORE ]

Currency Valuation: forces on play

What are Currency Appreciations and Depreciations? If nominal exchange rates change so that one Dollar buys more Rupees, then the dollar has appreciated in nominal terms. And the Rupee has correspondingly depreciated in nominal terms because a Rupee can buy fewer U.S. Dollars. If the real exchange rate between the U.S. and India changes, which [ READ MORE ]

Inflation : Impact on Economy

Understanding inflation is crucial to investing because inflation can reduce the value of investment returns. Inflation affects all aspects of the economy, from consumer spending, business investment and employment rates, to government programs, tax policies, and interest rates. What is Inflation? Inflation is a sustained rise in overall price levels. Moderate inflation is associated with [ READ MORE ]

Indian Currency: Impcat of High Crude Price

The fall in the rupee is primarily being attributed to the high crude oil prices, which touched all-time high of over $135 per barrel on May 22, 2008. India imports 73 per cent of its crude oil requirements, thus raising concerns over its widening trade deficit-the difference between the value of goods and services exported [ READ MORE ]

Indian Trade & Impact of Trade Defecit

India’s exports during April, 2008 were valued at US $ 14400 million (Rs.57633 crore) which was 31.5 per cent higher in dollar terms (24.8 per cent in Rupee terms) than the level of US $ 10953 million (Rs.46164 crore) during April, 2007. India’s imports during April, 2008 were valued at US $ 24274 million (Rs.97151 [ READ MORE ]

Indian Market smarter than China?

  • December 4th, 2007
  • Posted in Market

A long way to Go…. India’s  market cap is $1.6 trillion  compared to China’s $4.68 trillion  & USA’s $ 17 trillion, Indian numbers look pale in comparison of their counterpart. Same story is visible at the company level as well, PetroChina, China’s biggest oil company, has a market cap of $743.29 billion compared to Reliance’s $101 billion.  [ READ MORE ]

India Now..

  • November 27th, 2007
  • Posted in Market

India’s steel production, growing at 15 per cent in the first half of 2007, is expected to touch 124 million tonnes (MT) by 2011-12, going beyond an earlier official estimate of 80 MT. Significantly, the Indian cement industry is poised to add 111 MT of annual capacity  by the end of 2009-10 (FY10), riding on the [ READ MORE ]

India joins trillion-dollar economy club

India also joined the elite club of select countries the US, Japan, Germany, China, UK, France, Italy, Spain, Canada, Brazil and Russia which have already managed the feat.   Incidentally, this trillion-dollar GDP feat came alongside the Indian stock market crossing the $1 trillion-mark in market capitalisation. For a country’s stock-market to have market cap equal [ READ MORE ]

Follow

Get every new post delivered to your Inbox.