Posts Tagged ‘India’

  • India Is Too Dependent on Chinese Goods to Boycott

    27.11.2017 • IndiaComments Off on India Is Too Dependent on Chinese Goods to Boycott

    Public rallies against imported Chinese goods are held quite regularly these days across different parts of the country. But, India's dependence on Chinese goods has only grown over the years.

  • India Lowered Sales Tax, Yet Nothing is Cheaper

    20.11.2017 • IndiaComments Off on India Lowered Sales Tax, Yet Nothing is Cheaper

    The GST on restaurant bills was recently cut to 5%. Earlier it was 12% to 18% depending on whether the restaurant was air-conditioned. Hence, the cost of eating out was expected to come down, with the rate being slashed. Nevertheless, nothing of that sort

  • You Shouldn’t Believe the Fishy Numbers in India’s Real Estate Market

    13.11.2017 • IndiaComments Off on You Shouldn’t Believe the Fishy Numbers in India’s Real Estate Market

    If prices have fallen by 25%, why are real estate transactions not happening? Why has the total number of unsold homes of real estate companies only continued to grow? It is worth remembering here that a 25% fall within a year, is a huge fall. Falls like

  • Why Indian Politicians Need to Use Aadhar

    08.11.2017 • IndiaComments Off on Why Indian Politicians Need to Use Aadhar

    It is almost impossible to carry out any transaction with the government without an Aadhar card. But, while ordinary citizens, like you and I, need to keep showing and linking our Aadhar card everywhere, the same does not apply to politicians and political

  • Over 44% of Indian Workers Are Now Self-Employed

    23.10.2017 • IndiaComments Off on Over 44% of Indian Workers Are Now Self-Employed

    Vivek Kaul – Vivek Kaul’s Diary (India) – Has Arun Jaitley Been Reading India’s Big Government? Oct 23, 2017 Self-employment is the new buzzword in the Narendra Modi government. And it is going to rescue the one million youth that are

  • Protect Yourself from ‘India’s Big Government’ with Kaul’s Book

    18.10.2017 • IndiaComments Off on Protect Yourself from ‘India’s Big Government’ with Kaul’s Book

    Vivek Kaul – Vivek Kaul’s Diary (India) – Dear Reader, First and foremost, here is wishing you and your family a very Happy Diwali. One of the questions that I keep getting asked about my new book India’s Big Government-The Intrusive

  • India Needs More Tourists at the Taj Mahal

    17.10.2017 • IndiaComments Off on India Needs More Tourists at the Taj Mahal

    Vivek Kaul – Vivek Kaul’s Diary (India) – No Honks in Bali – Lessons for Indian Tourism Oct 17, 2017 I recently spent a week in the island of Bali and was left really impressed with it. As soon as the taxi left the airport and moved

  • India in Crisis – Homeowners Beware!

    29.08.2017 • IndiaComments Off on India in Crisis – Homeowners Beware!

    In India, home builders are holding onto massive unsold inventories because they refuse to lower prices. Over-priced homes, lack of market interest, and unsold inventory - looks like this bubble has reached its peak.

  • The Fate of Bitcoin Lies in the Hands of One Country

    10.08.2017 • SwitzerlandComments Off on The Fate of Bitcoin Lies in the Hands of One Country

    Crypto ecosystems are developing in global economies, and this country has a key role because while its many people love gold, they haven't started buying bitcoins...yet.

  • New Industrial Index Shows India’s Demonetization Failure

    16.05.2017 • IndiaComments Off on New Industrial Index Shows India’s Demonetization Failure

    India has a new Index of Industrial Production (IIP). It is bigger and according to economists who track such things, it is better than the previous one. The IIP basically gives growth estimates of three sectors-manufacturing, mining and electricity. The

  • Indian Real Estate Riddled With Corruption

    05.05.2017 • IndiaComments Off on Indian Real Estate Riddled With Corruption

    The state level politics thrives on the nexus between builders and politicians. In some states, builders are politicians and politicians are builders. It is difficult to differentiate between the two.

  • Why India Should Privatize Its Banks

    03.05.2017 • IndiaComments Off on Why India Should Privatize Its Banks

    We now have nearly two decades of evidence that suggests that the new generation of private sector banks, which were first set up in the mid-1990s, are much more efficiently run than their public-sector counterparts. But will the banks actually do anything

  • Akhil Patel: The Global Frontier Has Shifted

    17.04.2017 • United KingdomComments Off on Akhil Patel: The Global Frontier Has Shifted

    Akhil believes that India and the China will lead the next economic uptrend... leaving Brazil, Russia, and other commodity-based-economies in the dust.

  • ATMs Across India Are Running Out of Cash

    11.04.2017 • IndiaComments Off on ATMs Across India Are Running Out of Cash

    Over the last few days, there have been a spate of media reports about cash not coming out of ATMs. A quick look at currency circulation levels shows that they're at their lowest levels since demonetization. If the government decides not to print as much

  • Why Waiving Loans for Farmers is Bad News For India

    10.04.2017 • IndiaComments Off on Why Waiving Loans for Farmers is Bad News For India

    Once the farmer sees a loan being waived off today, he will expect future loans to be waived off during future elections as well. Essentially, he will see little incentive to repay loans that he takes on in the future. Or as Reserve Bank of India governor

  • Modi’s Victory Bodes Well For Indian Equities

    07.04.2017 • Hong KongComments Off on Modi’s Victory Bodes Well For Indian Equities

    By Jim Walker – Wealthy Nations (Singapore) – The Indian state elections delivered surprising results, and for the first time since 2002, Indian Prime Minister Narendra Modi’s ruling Bharatiya Janata Party (or the BJP) swept to power in Uttar

  • India Passes Bill Banning Cash Payments Exceeding $3,000

    06.04.2017 • IndiaComments Off on India Passes Bill Banning Cash Payments Exceeding $3,000

    On the face of it, like many other government moves in the past, this seems like a good move. But the question remains: how will the government, and more specifically the Income Tax department, figure out that cash transactions of greater than $3,000 are

  • What Bollywood Can Teach You About Indian Fiscal Policy

    05.04.2017 • IndiaComments Off on What Bollywood Can Teach You About Indian Fiscal Policy

    Hindi film lyricists have written songs for almost every situation that one can encounter in life. Including the government's recent waiving of farmer's loans. The title song of the movie Oh Darling Ye Hai India has the line: "Jo bacha nahi wo baant dia,"

  • The Deep Roots of Black Money in Indian Politics

    04.04.2017 • IndiaComments Off on The Deep Roots of Black Money in Indian Politics

    Despite all the talk of cleaning up black money, recent amendments to the constitution ensure that the Indian electoral finance system will continue to remain as opaque as it's always been. Until politicians get serious, all this talk about corruption is

  • India Moves Closer to an Orwellian State

    03.04.2017 • IndiaComments Off on India Moves Closer to an Orwellian State

    By Ankit Shah – Vivek Kaul’s Inner Circle (India) – The scariest novel that I ever read was George Orwell’s 1984. It’s a dystopian novel that narrates the story of a totalitarian state that has absolute control over every action and

  • Expect A Tornado of Hot Air Around Indian Interest Rates

    24.03.2017 • Emerging MarketsComments Off on Expect A Tornado of Hot Air Around Indian Interest Rates

    By Vivek Kaul – The Vivek Kaul Letter (India) – The next meeting of the monetary policy committee of the Reserve Bank of India(RBI) is scheduled on April 5 and 6, 2017. As John Lanchester writes in How to Speak Money: “Monetary means to do with

  • Indian Real Estate Prices on a Slow Decline

    23.03.2017 • The EconomyComments Off on Indian Real Estate Prices on a Slow Decline

    Over the last few years, in many markets in the country, real estate prices have fallen. Despite this, many sellers are still anchored on to the peak price their home had achieved a few years back. I see this phenomenon play out very well in and around Delhi.

  • Can India Afford to Forgive Small Loans to Farmers?

    22.03.2017 • Emerging MarketsComments Off on Can India Afford to Forgive Small Loans to Farmers?

    Can the government in Delhi afford it? Rs 27,420 crore is not a large amount. But if it goes ahead and finances this write off, similar demands will be raised by other states as well. Once the farmer sees a loan being waived off today, he will wait for

  • India Predicts Money Supply Will Return to Normal By May

    21.03.2017 • Emerging MarketsComments Off on India Predicts Money Supply Will Return to Normal By May

    The new Reserve Bank of India deputy governor claims that by May 2017, the currency in circulation will come to a level around what prevailed before demonetization rendered Rs 500 and Rs 1,000 notes useless. This is a prediction we've been ridiculed for