Mumbai as an International Financial Centre

Three fascinating new takes on Mumbai as an international financial centre:

Mukul Asher and Azad Singh Bali in DNA a few weeks ago. In the February 2010 issue of Pragati released yesterday, there are two articles on this: by Percy Mistry himself, and by V. Anantha Nageswaran.

A while ago, I had a blog . . . → Read More: Mumbai as an International Financial Centre

Europe VS. USA

In NY Times, Paul Krugman (link) wrote about the comparison of European and U.S economic model, concluding that in the last 10 years, the European model of social democracy led to higher standard of living and, compared to U.S in output per hour and standard of living, and relative convergence of European countries relative . . . → Read More: Europe VS. USA

GDP, Manufacturing, Confidence, and Earnings — All Up

To round out the first month of 2010, reports this past week all painted positive business signs for the year to come.

As we’ve been predicting for quite some time, GDP for Q4 was anything but lackluster. The gross domestic product rose at a 5.7% annual pace, the Commerce Department reported Friday, up from . . . → Read More: GDP, Manufacturing, Confidence, and Earnings — All Up