Vajpayee had always felt that India must act with conviction and panache.He decided that, irrespective of the attendant risks, he would undertake what many felt was a precarious course.A......
'That the 'I' word is swirling around Washington these days attests to the atmosphere that has taken hold and cannot but have a negative impact on political and economic decision-making,' says......
In a competitive democracy, every election campaign involves a calculated gamble. Prime Minister Atal Bihari Vajpayee's apparent decision to go along with the rest of the party and settle for a......
It was the formidable chief of US Federal Reserve Alan Greenspan who coined the term "irrational exuberance" to describe the stock market boom of the late-1990s. It's a term that constantly rings......
'India's fundamentals are a lot better (than those of other emerging market economies).' 'India will suffer (witness a fall in its stock market) what I call the second order effect.''And the second......
How long will the RBI allow the government to borrow cheaply?A change in policy direction will see rates climb and bond values fall.Investors in debt funds are therefore at risk, as are people......
The chances of the United States economy slipping into another recession are close to 25-30 per cent, a noted American economist said. "I see a third to fourth of a chance of a double-dip (in the......
'My sense is that we should be braced for a correction.''It has already begun in the mid-caps for the past month, and will now spread to larger stocks as well.''Use the correction to upgrade the......
While enjoying long-awaited economic good times -- and hoping they will last as long as possible -- some caution and some prudence might be the best protection against bad surprises, says Claude......
The late Florence Griffith Joyner, the 100 metres world record holder and former Olympic champion, topped the list of 10 inductees into the United States Olympic Hall of Fame on Sunday.The first......