Five Fault Lines That Decided Against Rate Cut

Business Economics & Services Team (BEST)                                               Five  Fault Lines That Decided Against Rate Cut Despite the heavy pressure exerted on RBI Governor Rajan through multiple channels, it goes  to his credit that he stood the ground and refused to go for a rate cut. BEST has...

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Will Modi Administration Revive Indo-US Nuclear Deal?

Business Economics & Services Team (BEST)   Will Modi Administration Revive Indo-US Nuclear Deal? After being caught in the limbo for a long time, India's effort to flag off the Indo-US Nuclear deal signed in 2008 has kicked off new hopes and equal number of concerns. The Modi administration's decision  to revisit  the deal has rekindled the hopes of many who pitch for augmenting India's energy production through the perceived risky route of nuclear reactors. The implementation of the landmark deal was caught up in several...

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How Reliable Is Official Statistics in India?

Business Economics & Services Team (BEST)                                         How Reliable Is Official Statistics in India? Many people are openly questioning the veracity of official statistics in India. The old idiom - lies, blatant lies and statistics - seems to have come back.  Look at the official statistics that has been put in the public domain yesterday. It says that  GDP growth for July-September 2014 has...

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Will Oil Loose its Shine?

Business Economics & services team (BEST)                                                 Will Oil Loose Its Shine ? As expected, the OPEC has voted against cutting back oil production to stem the falling prices. Is there any method in the madness? What are the reasons for the roll over of the production target?...

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India-US IPR War Awaits Obama, Modi Mediation

Business Economic & services Team (BEST)               India -US IPR War Awaits  Obama  Modi Mediation   A lot of debate, informed and ill - informed,  is happening on the India-US stand off in the IPR regime. There are accusations and counter accusations from both countries. Happily, the severest of the criticisms from either side are couched in diplomatic niceties, unlike the bilateral talk between India and Pakistan, where the words and phrases are intimidating...

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.Better Late Than Never-A Critique on Possible Relief to Shell & Voda

Business Economics & Services Team (BEST)                                              Better Late Than Never-A Critique on Possible Relief to Shell & Voda The statement of the Attorney General of India, that the Government is unlikely to approach the Supreme Court against the Bombay High Court decision, which has laid down some clarity on the tax on assets that are   transferred  is welcomed widely both in India...

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Be Courageous Rajan: Keep Nation's Interest First

Business Economics & Services Team (BEST)               Business Economics & Services Team (BEST) Be Courageous Rajan: Keep Nation's Interest First  The media is hell bent on pushing RBI Governor Raghurm Rajan  to do the most expected and that is slashing the interest rate. There are suggestive stories appearing with regularity in almost all newspapers about the imminent rate cut, He seemed to be a listener most of the time the cacophony of demands and sometimes...

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