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Every government in the world is injecting massive financial stimuli to revive their economies. Nobody knows whether they will work, or what they would achieve over which time period. This is why there is intense focus on economic data of all sorts to spot some flicker of growth. In the US, a variety of data is available easily. A stream of economic...

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  • Crosshairs: Who Dictates SEBI's Actions?

    Who Dictates SEBI's Actions?

    The Securities and Exchange Board of India (SEBI) has decided to ask its board members to adhere to a code of conduct; it has also resolved to put the agenda for each board meeting as well as the final decisions in the public domain. These are important initiatives because SEBI decisions often provoke intense speculation and volatile price swings, especially...

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  • China world’s second largest economy

    China became the world’s second largest economy in 2009, beating Japan that held the distinction for decades. China raised its growth forecast for 2008 to 9.6% from 9% which took the total to over $4.6 trillion.

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