ECONOMY & NATION


Centre leaders have tremendous local knowledge and significant local support in villages; they are opinion leaders and can develop extreme familiarity with the microfinance concept, processes and procedures Even as the proposed Microfinance Bill is being refined for being passed into a...

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DFIs and banks, including SIDBI, have miserably failed in their due diligence of NBFC MFIs, and expecting them to do this with regard to the business correspondent model is somewhat naïve. The RBI should undertake an examination of the grass-roots realities before implementing the new...

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Moneylife Digital Team 20 September 2011
Pankaj Kapoor, managing director, Liases Foras, explains what is wrong with increased capital inflow in the realty business Despite abysmal property sales, prices have been increasing. While the Reserve Bank of India (RBI) has made borrowing more difficult, developers have been turning to...

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The labour face-off, spearhead by Maruti Suzuki workers, is spreading all through the Gurgaon-Manesar industrial belt. The Haryana government is blaming the workers now The Gurgaon-Manesar industrial belt unrest, spearheaded by the Maruti Suzuki face-off, seems to be getting worse....

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Moneylife Digital Team 19 September 2011
Pankaj Kapoor explains that new townships spring up because of their proximity to major urban centres, but they lack infrastructure to expand consistently "A lot of people say that the tier-II or tier-III cities are going to be the next big thing in realty. It is not possible because realty...

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Moneylife Digital Team 19 September 2011
Mumbai registered abysmal sales in the June quarter, while deals in Pune surged. Pankaj Kapoor, managing director, Liases Foras, says prices have skyrocketed when they should have corrected over the past few months, and this is not sustainable Mumbai lags way behind other realty hotspots in...

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The business correspondent model offers a unique possibility for mainstream low-income financial services. But recent experience has shown that there are huge risks as well, which is why it must be regulated carefully The Reserve Bank of India (RBI) has facilitated the adoption of a very...

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Moneylife Digital Team 16 September 2011
The Reserve Bank of India continues with its monetary tightening measures to control high inflation, notwithstanding concerns over economic slowdown The Reserve Bank of India (RBI) today hiked interest rates for the 12th time in 18 months and maintained that its monetary stance going forward...

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Moneylife Digital Team 16 September 2011
TV companies hope festive season will revive fortunes. Look to digitisation to improve revenues, even as print segment takes away consumer ad money With rising inputs costs and inflation, big national advertisers in the conventional sectors have undertaken significant cuts in ad spend and...

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Moneylife Digital Team 16 September 2011
The Reserve Bank of India continues with its monetary tightening measures to control high inflation, notwithstanding concerns over economic slowdown The Reserve Bank of India (RBI) today hiked interest rates for the 12th time in 18 months, saying that its monetary stance going forward will...

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Moneylife Digital Team 16 September 2011
Reserve Bank of India continues with monetary tightening despite slowdown The Reserve Bank of India (RBI) today hiked short-term rates by 25 basis points (bps), persisting with its anti-inflationary monetary tightening measures. The RBI announced it was hiking the repo rate (the rate at...

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Moneylife Digital Team 15 September 2011
Market watchers feel that discounts & freebies might not help the consumer durables sector, and inflation plus rising interest rates may spoil the party and impact sales After bidding farewell to the Ganapati festival, the market seems to be optimistic over the Navratri-Diwali season. Among...

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Moneylife Digital Team 14 September 2011
Experts believe retailers may take undue advantage of the short supply coinciding with the festive season Amid the high drama of traders from the largest onion-producing state of Maharashtra protesting against the union government's move to impose a ban on onion exports, experts warn...

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The central bank is still worried about high inflation, but with IIP tumbling to a 21-month low, a further slowdown in domestic demand and the turbulent global environment has increased the chances that the RBI might take a pause The Reserve Bank of India (RBI) may not go in for another rate...

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Moneylife Digital Team 13 September 2011
Former power and finance secretary EAS Sarma says no action taken by Centre or Andhra Pradesh government on fraudulent report Former union power and finance secretary EAS Sarma has threatened to go to court against the central and the Andhra Pradesh governments as well as Lohitha...

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Low-income people want appropriate products and quality service and MFIs which focus on meeting client needs in an ethical manner will be the most successful in the long-term The year 2010 will certainly go down as a watershed in the history of Indian microfinance. It was a year when the...

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Farmer suicides are a tragic indication of the seriousness of the widespread indebtedness caused by imperfections in the agricultural sector that must be corrected urgently. Good recommendations and well-meaning schemes are available on paper. But making them work for a large majority of the...

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Moneylife Digital Team 09 September 2011
The bottom line of the chemicals sector grew by 95% to Rs1,062 crore from Rs543 crore, supported by a 29% growth in revenues in the June quarter The chemicals sector registered the highest net profit growth of 95% in the first quarter of FY12, from among the 29 major sectors tracked by...

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The wars of the present and the future are going to be fought using economic tools more than military might. Building this economic power requires the revival of seafaring strength that was allowed to deteriorate on account of a short-sighted and corrupt approach Before you take down a...

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Smaller commercial vehicles are selling better than bigger ones, The downturn in the private car market, now affecting larger commercial vehicles also, has not come as much of a surprise. You can’t judge the severity of the issue from the numbers being reported because most data is based on...

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