India's Q2 GDP at 6.9%

India's economy grew at its weakest pace in more than two years in the quarter that ended in September, at 6.9%.

For more click here.

rediff: Time to end P-Note menace!

Read an interesting article on rediff about Stock market volatility, FIIs selling, P-notes, Rupee depreciation and disadvantages of P-notes.

Click here to read the article.

Eurozone crisis

In February I wrote on Euro zone currency going in the path of Bretton Wood's gold standard and thought of completing that article in follow on post, but couldn't do it for some reason.

Click here for that article.

Now Ajay Shah has posted an elaborated insight about Euro Zone crisis by Percy Mistry in his blog. Click here to read that article.

Demand and Supply

In September I wrote piece on "Demand being more important than supply" and I hope people who are in my mailing list would have received my mail posting (as I am not publishing my articles on my blog now).

Now you might be wondering, why am I digging September’s article again, because recently I came across an interesting debate on similar topic between Mr. Paul Krugman (Nobel Laureate, Economics) and two other Professors (University of Pennsylvania and Duke University) through their respective articles. Please check out what they are saying...

Supply Side Argument	Demand Side Argument
The other two professors are arguing "Supply-side policies can be an important additional tool to pull economies away from the low output–high unemployment problems that the bound generates".	Whereas Mr. Krugman is saying "The important thing is not to lose sight of the fact that what we have now is a demand problem. Demand, demand, demand".
http://voxeu.org/index.php?q=node/7258	http://krugman.blogs.nytimes.com/2011/11/13/supply-side-solutions-beware-wonkish/