India’s National Stock Exchange Magic Act Needs to Diversify The National Stock Exchange (NSE) of India has been planning for an IPO quite a while. The total valuation of NSE is estimated at 5 trillion Rupees ($53 billion USD). The issue size is 22,569 crore ($2.4 billion USD) while shares…
Forging True External Strength Without Relying on the Crutch of Foreign Deposits For the last few weeks, financial publications have applauded the news that India received around $127 billion USD via leveraged foreign NRI deposits (FCNR). Banks swapped these dollars for Rupees with the Reserve Bank of India (RBI), securing…
Improving India’s Education Strategy to Help Prosperity Indian government officials, policy makers and journalists have all applauded the GDP April-June quarter data that came in 7.8%, compared to last year’s 6.9% growth. Although, the growth metrics are essential for understanding the results achieved in the broad economy, improved metrics should…
Better Streamlined Government Policy Needed for the Rupee In July of this year Reserve Bank of India Governor Sanjay Malhotra talked to Business Line magazine and argued that recent Rupee depreciation does not reflect any weakness in the country’s economic fundamentals. According to him, pressure on the currency has largely…
Change of Policy Could Create a Stronger INR RBI Governor Sanjay Malhotra says, Rupee depreciation doesn’t reflect weaknesses in the underlying economy. He says that the external factors due to geopolitical tensions induced by oil prices rising has created a Dollar demand and created Rupee weakness. While it’s true the…
Reflections on a Disappearing Workforce and a Long-Term Strategy Tamil Nadu is one of the fastest growing States in India with an impressive Gross State Domestic Product result of 11.9% in financial year 2024-2025. Despite the former Dravida Munnetra Kazhagam’s (DMK) government being unseated by the new party Tamilaga Vettri…
Paperwork Cyclones and Slow Pace Confront Indian Citizens and Corporate Investment Almost every single day Indians are confronted by massive bureaucratic problems when they have to approach the government for basic services. When this will change?For example if you apply for an Aadhaar card (which is used for proof of…
Return of Global Investors into the Indian Marketplace Global investors are gradually returning to Indian assets after months of persistent outflows as risk appetite sentiment has been ignited by an extended ceasefire between the U.S and Iran. Energy prices have moved in India’s favor, sparking favorable conditions. Despite recent flare ups…
Liquidity, Valuations and the Limits of Domestic Capital India’s equity market has surprised many investors over the past two years. Despite persistent foreign institutional investor selling, weak net foreign direct investment (FDI), subdued private capital expenditures and a depreciating Rupee, the broader markets have not fallen and proven remarkably resilient.…
The Brutal Nature of a Large and Cheap Workforce Ms. Nithya (name changed) works in a private school in Tamil Nadu. She gets to school by 9 AM and leaves around 5 PM. The school she works for hasn’t paid a salary for two months and she has no contract.…
A Case for Higher Interest Rates In India As the Rupee remains under pressure and oil prices continue to rise amid tensions in the Middle East, the debate has shifted towards what the Reserve Bank of India (RBI) should do next. Economist Janak Raj has argued that raising interest rates…
Participation of Women in the Workforce and Advancing Progress There is more poverty in this world than many of us realize and would like to comprehend when confronted by the facts, and this is also true with India. Recently, I visited several villages in Tiruvannamalai District in Tamil Nadu State…
