The Long And Short Of It

Your belief in the long-term growth of India has nothing to do with what to expect in the short term

over the past three years, the Sensex has gone up 11.62%, 40% and 43%, respectively. What lies in store for 2007? A few months ago, ASSOCHAM, an industry mouthpiece, surveyed India’s CEOs, merchant bankers and fund managers about market prospects for 2007. Some 72% of them felt that “the...

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Tighten Your Belts

The US housing problem can give you a rough ride

The collapse of real estate prices in USA (some call it bursting of the US housing bubble) is causing anxiety among some smart commentators. Home sales have been falling quite sharply after many years. From their peak in June 2005, existing single-family house sales have fallen 14%. New home sales are down 22% from their July 2005 peak.

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