Tag Archives | economy

A droughty question

With the threat of drought looming large over most of India its time to ask another decoupling question. Can the Indian economy escape from the effects of a drought? I found some answers in Niranjan Rajadhyaksha’s analysis in today’s Mint. Most economists estimate that the drought will shave off economic growth by one percentage point […]

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No immunity from credit crisis

There is no way that Indian chemical companies can escape from the global financial crisis. Tough times lie ahead as companies will be hit on all fronts – high cost of credit, falling demand as the global economy slows down and increased supply once new capacities in Asia and the Middle East get commissioned. Product […]

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Bumpy road ahead?

With 2007 heading to a close it is time to start forecasts for 2008. And the first of the forecasts arrived in my Inbox today. This one is by Goldman Sachs on the Indian economy. The key takeaways are: • Economic growth is projected to moderate in 2008 due to high interest rates, rapid currency […]

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