Raghuram Rajan's Fate, Not Rate Cuts, Focus Of Markets - Finance Guru Tamal Bandyopadhyay Speaks
No prizes for guessing what the Reserve Bank of India (RBI) governor Raghuram Rajan will do when he unveils the bi-monthly monetary policy on Tuesday.
No prizes for guessing what the Reserve Bank of India (RBI) governor Raghuram Rajan will do when he unveils the bi-monthly monetary policy on Tuesday.
These days Sensex and Nifty trigger more to Dr Raghuram Rajan’s future than to stock prices. His future is uncertain. Is he going to continue as the Governor of the Reserve Bank of India? Probably, it is a million-dollar question in everyone’s mind, particularly investors’. The fact is that this uncertainty is going to prevail till near September, when the incumbent Government decides his fate. Actually, it is not only his fate which is at stake but Indian economy's too.
The Eurozone has been dealing with more than its fair share of crises from the Greek bailout to the recent immigration crisis but the exit of a major player like the UK will definitely have long lasting consequences for the EU. UK is the second major economy in the EU and the 6th most competitive European economy. It also has a strong financial and legal environment as well as a strong currency. A Brexit will not only lead to loss of credibility for the Eurozone but a trade restructuring by both parties.
“I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for five years.” –Warren Buffet
The study of color psychology can greatly help a designer to create not just beautiful but also a profitable product. Using colors in harmony with each other, you can greatly affect a visitor’s behavioral patterns. Color is as important as text: when combined masterfully, these two tools can ease the perception of the image and contribute to better memorability; when the combination is wrong, the outcome may be funny and awkward like this.
On 2 October 2014, Prime Minister Narendra Modi launched Swachh Bharat Abhiyan—India’s biggest ever cleanliness drive. Around three million government employees and students of schools and colleges participated in the event to clean the streets, roads and other infrastructure in Asia’s third-largest economy.
"Ethics is knowing the difference between what you have right to do and what is right to do” - Potter Stewart