I am certainly worried about oil prices but not worried about indigenous manufacturing inflation which is under control. |
I think the energy agenda will be carried forward perhaps a bit more diplomatically. |
I would be reasonably confident that it will go through over a six-month period. They have arrived at some sort of an understanding. |
Investors are looking at India carefully and avian flu is a risk. |
It is a negotiating tool. I have a feeling that the left has seen the light of economic reason and knows that to push social sector spending, you need money. |
It's a little unfair to attribute the problem to lack of disaster management. If Singapore or London faced a downpour like what Bombay had last week, I would imagine the situation won't be much different. Those cities also would have been shut. |
Since there are no (divestment) targets, there is no quantitative impact on any setback to divestment process though it surely sends a signal that reforms continue to be sluggish as ever. |
The (stock) market is used to these periodic outbursts of the Left and has priced it in. |
The fact that price pressures are muted suggests that earnings growth of Indian companies will continue to be driven by volume growth, not by pricing power. |
The November figure is an aberration. |
There is nothing to suggest that would be the trend. |