'A 10 to 15 per cent allocation to gold in portfolios reduces risk without compromising on potential returns.'
'There are occasions when the prices of individual items like food raise inflation; then supply-side measures must be taken.' 'But if there is continued inflation, it means liquidity is aggravating the situation.'
He takes over at Mint Road at a time when the governor's job is even less easy than it is normally.
Finance plays a key role in bringing the ambitious growth plans of dynamic businesses to life.
The world economy has been run for too long by finance enthusiasts. It is time that finance sceptics began to take over.
India, China and Russia have "squandered" capital by financing inefficient technologies, United States Federal Reserve Chairman Allan Greenspan has charged.
Federal Reserve Chairman Alan Greenspan has said and warned that restrictions on free trade would also hurt US standards of living.
Meanwhile, retail jewellery sales in India have declined by 50 per cent since gold price started its uptrend nearly two weeks. Buyers deferred their fresh purchase amid expectations of a correction in gold prices from the current high level.
'India is not so distant from years of high and entrenched inflationary expectations that it should start trying to play games with the economy the way the West's central bankers think they are entitled to,' argues Mihir S Sharma.
First, there has been a significant softening in commodity prices - most notably oil.
Fed is still concerned about weak export growth.
The agreement on sharing of financial information is a distinct and welcome break from its trend.
This rally is largely being driven by hopes that the Modi government will drive economic growth higher, and, thus, increase earnings growth for companies.
CPI inflation has declined by almost a percentage point from July, from close to eight per cent to just above seven per cent.
There will very little direct impact from the US Fed's rate hike this time, as we are well prepared both to handle liquidity, outflow of FII funds and managing our currency. But that doesn't mean India will be out of the woods anytime soon, says M V Subramanian.
The good news for us is that India's economy - and sentiment about it - is much better than it was a year ago, says Jamal Mecklai.
Janet Yellen is guiding the Federal Reserve towards its first rate rise in a decade armed with traditional economic models that some economists worry could fail her in a world of massive money printing and near zero rates.
For banks to cut loan rates, the cost of deposits needs to come down, and there is no sign of that happening.
The Fed has prepared the world very well for a rate hike. In fact the market may have priced in a 25 basis points increase. So if the increase is 50 basis points, the reaction could be stunning, but a 25 basis points rise is not likely to have any great impact, says P V Subramanyam.
As concern about the unfolding economic crisis has risen in India, many experts have assured us that 2013 is not 1991.
RBI governor Raghuram Rajan is likely to cut rates in next monetary policy.
Balance is needed in selecting members for the proposed monetary policy committee, says Abheek Barua.
The Federal Reserve must now ensure that higher inflation doesn't derail the US recovery.
It will be difficult for the Indian equity to outperform overall growth to the extent bullish observers expect.
Some type of global shock adds to the allure of the dollar.
History would indicate that a recession is not that far off.
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