Category «Features»

Realizing the Aspirations of All Algerians:Townhall speech by Christine Lagarde

Managing Director of the International Monetary Fund Algiers, Thursday, March 14 As prepared for delivery Introduction Governor, honorable participants. Bonjour. As-salaam ‘alaykum. I am delighted to be here this morning. Let me begin by thanking the Algerian government for inviting me to your spectacular country. I am also very grateful to His Excellency, Governor Laksaci for organizing today’s …

Affordable Housing In India – Where Is The Supply?

Anil Pharande Affordable housing is a term we use for residential units in India’s urban areas which are affordably priced with respect to households that fall within a specific limited income range. There is no single set of parameters to define what an affordable housing unit should cost in India. This is because the pricing …

Is There a New Normal for Inflation?Dr. D. Subbarao, Governor, Reserve Bank of India

Committing to anchor inflationary expectations, Reserve Bank of India (RBI) on Friday said price stability was essential to help investors and consumers make informed choices and contribute to growth. “Key to our collective national aspiration for sustained high economic growth is low and steady inflation,” RBI Governor D Subbarao said while addressing a meeting of …

Titans face gold battle – Umesh Shanmugam

‘Some of the mugs have taken extreme bets on a falling gold price,” says one precious metal retailer. “Never have the money managers become so convinced that gold is about to fall heavily.” “It could actually mean that the gold price is about to rise strongly “as they must buy back these positions”, the seller …

Tips for fixed income investors – Umesh Shanmugam

For the bond market, the important takeaway from the Budget is the proposed government borrowing programme for the next year as well as the efforts on fiscal consolidation. The former indicates the expected supply of government bonds in the market, which impacts existing bond investors. The latter shows the government’s resolve to stitch together its …