Contrary signals on price frontThe price situation is confusing. If we go by the official wholesale price index (WPI), the price fever is ebbing.The inflation rate has drifted downward.
November 3, 2007
Tax haul rises but fiscal front still laxTax revenues have generally remained buoyant on a year-on-year basis but, in relation to the projections for the current fiscal, no improvement is discernible.
November 2, 2007
Wheat muddle: Price alone’s no solutionThe Centre has just announced the procurement prices for rabi crops. In the case of wheat there has been a whopping increase of Rs 150 per quintal.
October 12, 2007
There’s no point in blaming the monsoonsOverall foodgrain production during the kharif 2007 is expected to be lower than the target of 114.2 million tonnes to the tune of two million tonnes.
October 9, 2007
WPI at a peak; inflation rate at nadirThe why and whereof of this development can be easily explained by dwelling on what had happened during the corresponding week of last year.
September 18, 2007
Centre’s got a Ponzi scheme going, tooTo put it more directly, repayment accounted for 38% of the market loans last year and is slated to claim as much as 41% in the current fiscal.
September 12, 2007
Farm sector gets some cold comfortThe southwest monsoon is approaching the final leg of its four-month phase. Its performance thus far qualifies to be among the best in recent years.
August 27, 2007
An unsung revolution in cotton countryIndia is poised to reap a bumper cotton crop and, for the first time ever, the output of this natural fibre is likely to breach the 300 lakh bale-mark.
August 22, 2007
Inflation at 4.05%? Get real, check food pricesAsk the man in the street and he will tell you a different tale that his visits to the neighbourhood market suggest that the cost of daily necessities has become dearer.
August 20, 2007
The rising rupee, foreign trade & inflationThere is another angle to the steady climb of the Indian currency against the greenback, namely the possibility that its impact on inflation may be benign.
August 8, 2007
Liquidity overhang ruled out all other optionsThe economy is slated to continue on its high growth trajectory in the current fiscal as well despite the new twist in the stance of the monetary policy.
August 1, 2007
Rising RBI surplus swells govt coffersThe interesting question is, why RBI gets nothing from the sale of its almost 60% equity stake in the State Bank of India?
July 24, 2007
Slump in credit offtake lifts demand for SLR investmentsThe operations of scheduled commercial banks during the first quarter of 2007-08 make an interesting reading. Deposit mobilisation shows no signs of losing momentum.
July 18, 2007
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