Only today India lent $10 billion to IMF. Our biggest liability is the Politicians and Bureacrats who are in nexus with foreign Banks but NOT poor monsoon or inflation.
If India/Pakistan/Iran pipeline goes through in spite of pressure from USA, then India has hope to moderate inflation.Iran is ready to price it with DELIVERY AT Pakistan /india border.The monsoon gods have been favourable though late and it is going to show up in cauvery delta region.also malaysia has lowered Palm oil prices due to accumulating stock and this will help India
India: Heading for the Junkpile? [View article]
India Battered by Global Storm [View article]
have you taken into consideration the iNDIAN politicians who play significant suicidal game in India as shown in the case of NANO?
The Indian Economy and Gold Imports [View article]
India Inflation Woes May Continue [View article]