The world, India included, has entered a period of substantially lower growth, which is likely to be prolonged because the balance sheet implications of the end of an unprecedented financial high wire act will take time to play out.
Securities and Exchange Board of India has mooted increased cooperation among South Asian countries in the financial markets including cross-border listing of companies to develop regional financial system.\n\n\n\n
Leverage the sovereignty of the government to induce faith and stability with the flexibility, enterprise and capital of market forces to expand the financial system to serve a bigger market.
The reality is that this is an unprecedented time, and the environment far murkier than usual. While a trading rally is clear, it is to my mind premature to make any statement beyond that. While it is probably dangerous to have very high cash levels, I find it difficult to be fully invested, either, says Akash Prakash.
The 'R' word is everywhere. It's being discussed at World Economic Forum at Davos and now we have clients calling in at Orpheus, asking us about "recession" and how bad it is. And, is there a chance that the global depression might be starting? Such worries, though, important and critical, do highlight the mass psychology and how it reads the Federal interest rate cut and subprime crisis as a start of something bigger and problematic.
He is that rare breed of people who did not shift to multi-national companies and multi-million dollar salaries, but stayed on for the cause of nation-building.
Given how Participatory Notes are essentially an OTC market for Indian equity derivatives, moving them onshore should be an important objective.
Derivatives are financial instruments that are derived from an underlying asset's value
The stock-market panic is not the only reason for rising investment demand.
The global financial crisis is really the consequence of an excessively short-term outlook, propelled by greed and unstopped by regulation. The short-termism is due to several factors, not least of which is the enormous growth, in the past three decades, of the mutual fund industry.
To me, these are all characteristics of a scam. It is time that the derivative issue is christened as one. Given this scenario, it is time the RBI interfered in this matter. In the alternative a Joint Parliamentary Committee probe into the entire issue may well be in order.
The Reserve Bank of India has left bank rate and cash reserve ratio unchanged at 6 per cent and 4.5 per cent, respectively.
Whatever it be, an official statement from you clearly defining the extent of the problem, would be in order. At least that in my opinion, sir, would put an end to the uncertainty that is plaguing the financial markets all across the globe. And, sir, as you know, markets abhor uncertainty, for lack of trust is highly corrosive.
The recent bailout of Romania by the International Monetary Fund puts the spotlight back on the East European block of countries and what it means for the Western European banking sector. If evidence is anything to go by, things are turning for the worse. In fact, if a block of countries could be termed 'sub-prime', Eastern Europe seems to qualify as the countries seem to have been battered and bruised big time by the ongoing global financial turmoil.
The head of the global merger management practice at McKinsey & Company, Clay Deutsch, takes us behind the scenes of some of India's biggest deals and tells you why deals succeed or fail, because 70% of all deals fail.
When stocks were tumbling last fall as the new school year began, at Harvard University, it was as if the boom had never ended. But behind the scene it was a different story.
In a rare break from tradition, Warren Buffett on Monday released parts of his annual letter to shareholders on the Web site of Fortune.
Indian Energy Exchange has joined world's leading power exchanges like Powernext (France), EEX (Germany, Northern Europe), PJM (USA), JEPX (Japan and Norway's Nordpool which is the largest power exchange in the world). IEX, India's first power exchange got its approval from CERC on August 31, 2007. It is promoted by Financial Technologies Ltd & PTC financial services, a wholly owned subsidiary of PTC India Ltd. Joseph Massey, Deputy MD of MCX, is in charge of the exchange.
Electricity lends itself to futures trading. It meets the three broad criteria needed for successful futures markets: prices are volatile; there is a large, diverse universe of buyers and sellers; and the physical product is fungible.
Negotiating the 123 agreement may be tough but well within reach, says nuclear expert Dinshaw Mistry.
In the wake of foreign exchange reserves of the country reaching $100 billion, the Reserve Bank of India (RBI) has undertaken a review of the main policy and operational matters relating to management of the reserves.
The following are the highlights of the mid-term review of Monetary and Credit Policy for the year 2003-04.
Prev |
© 2025 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances