This view is backed not just by the decline in the headline WPI number, but also by core inflation, which, in November, dropped sharply.
Uday Kotak, Executive Vice Chairman & MD, Kotak Mahindra Bank, in an exclusive interview to ET Now, discusses the present state of Indian economy vis-à-vis global sentiments. Excerpts:
Foreign investors are welcome but to depend substantially on them and not develop our domestic market is perhaps not a good strategy.
In an exclusive interview with ET NOW, Martin Feldstein, Professor of Economics at Harvard University, talks about the impact of rising crude prices on the global economy and how the euro has been a 'great mistake'.
We have been opportunistic in our approach and I wish we had done more in Asia than we have. We hope to increase our presence in Asia in the coming years.
"It is obvious that financial services penetration will add to the Indian growth story as penetration expands in India," J Christopher Flowers, Founder, J.C. Flowers & Co., said.
ET Now caught up with YV Reddy, former Governor of RBI, for his views on his second book as well as what prompted him to make the case for the central bank of any country to effectively be the super regulator of the economy.
Chris Wood, the renowned strategist of CLSA, believes that there are challenges on the commodities price front for India unlike its peers Russia and Brazil.
In an interview with ET Now, group executive, international, Elizabeth Buse VISA’s operations talks about the exponential growth of debit card payment volumes, payment security concerns and the future of mobile payments technology.
HSBC holdings’ group finance chief sees more revenues from Asia, Middle East & Latin America v/s US.
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