'The rupee has lost value against all other major Asian currencies, including that of Bangladesh and, of course, China.' 'Why should this be the case when the Indian economy has been growing faster than these economies, other than China?'
'All but one of the previous oil shocks brought either a change of government or a political crisis.' 'Is the government braced for stormy weather?' asks T N Ninan.
'As he goes down, he will almost certainly drag a few others down with him.' 'Once the mutual mudslinging has died down, collateral damage will probably include more bankers than politicians, given the nature of how things work in India,' says T N Ninan.
'India has jackboot laws legislated by all parties, a State prepared to stomp all over you, and citizens who don't often realise how easily they can be crushed under both,' says T N Ninan.
'There is no one capturing and presenting the larger picture, such as to provoke debate the way the GDP numbers do,' observes T N Ninan.
'A sustainable growth rate of 8 per cent is evidently some distance away,' says T N Ninan.
'The air force continues to be short of planes.' 'So, more than a decade after the last selection round got under way, the same process is about to start again for the same kind of aircraft, naturally with the same likely bidders,' points out T N Ninan.
'We are not talking pennies. The milk business is as large as the automobile industry (about Rs 4 trillion in sales),' points out T N Ninan.
'2019 now looks like a real contest.' 'It will not be a repeat of 2014 if the BJP has to deal with erosion of its already low vote share of 31 per cent, and also faces a united Opposition,' says T N Ninan.
The boom in organised retail will set the tone for major economic overhaul. The ripple effect will be improved supply chains, volume output, integration into global commerce, and higher tax collection, notes T N Ninan.
The boom in organised retail will set the tone for major economic overhaul. The ripple effect will be improved supply chains, volume output, integration into global commerce, and higher tax collection, notes T N Ninan.
How much are others responsible for the Trump presidency moving in the directions it has, asks T N Ninan.
'The failures of private businessmen have set back the process of market-oriented reform, though that is the only way forward,' argues T N Ninan.
While the BJP has taken a beating, its leader still stands tall, points out T N Ninan.
Maruti, which is majority owned by Suzuki Motors of Japan, pays massive tax, generates huge employment (its staff are almost entirely Indians) and also makes its investors extremely rich. JLR, on the other hand, though owned by Tata has its factories in England and China and in every way (sales, employment, technology) has nothing Indian about it.
'While we may aspire to be a democratic if smaller version of China, we may only manage to become a larger, more accomplished Indonesia,' says T N Ninan.
'Nationalism built on divisiveness cannot strengthen the country, or help the economy improve its performance,' points out T N Ninan.
'An upswing in corporate performance should last at least three years.' 'Today there is some concern globally about excessive debt, which could cause unpredictable shocks down the road.' 'Domestically, if the minders of the economy are watchful about over-heating, we could avoid a repetition of the boom-bust cycle of the past,' says T N Ninan.
'Clearly, the financial system is a drag on the economy and underlines the need for improving banking practice, regulation and oversight.' 'Without that, and an end to the cronyism that caused part of the problem, one can kiss goodbye to 8% growth,' warns T N Ninan.
'Clearly, the financial system is a drag on the economy and underlines the need for improving banking practice, regulation and oversight.' 'Without that, and an end to the cronyism that caused part of the problem, one can kiss goodbye to 8% growth,' warns T N Ninan.
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