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According to Richard Gibbs of Macquarie Securities reduced crude prices goes in favour of the Indian economy and gives RBI a scope for monetary accommodation Richard Gibbs Global HD, Macquarie More about the Expert Richard Gibbs, Global Head of Macquarie Securities is upbeat on India because he thinks there is room for structural expansion and the demand is much better than anywhere else in the world. According to him reduced crude prices goes in favour of the Indian economy and gives RBI a scope for monetary accommodation. It is also likely to produce some tailwind for the global economy. "It certainly provides latitude on the trade side but also in terms of the inflation side for the economy as well." The house remains a buyer on India. What is the sense you are getting. Are we now facing a fairly big challenge to global growth and therefore are risk assets going to head lower? A: I think the International Monetary Fund (IMF) is articulating that fairly well as we move into the IMF World Bank annual meeting in the next few days. It really is a case where the US is I suppose the best if you see IMF's parlance and that's for investors who have been searching for growth is a disappointment. So, now I suspect we are going to have people turning back towards in search for yield and that has become difficult as well with the expansion in quantitative easing measures around the world but most particularly by the European Central Bank of course. At the end of the day lower crude prices are probably growth positive and the issue there is whether they pertaining further disinflationary pressure/deflationary pressure in the major economies. Certainly for an economy like India, cooling in crude prices is a positive. It certainly provides latitude on the trade side but also in terms of the inflation side for the economy as well. It's a bit of a two-edged sword as I suppose in that sense but overall lower crude prices are likely to produce some tailwind for the global eco

Indian rupee has opened at 63.97 against per dollar with 3 paise gains on Thursday morning. Inflation (decrease in the value) bases on wholesale price Index (WPI) for April is expected at -2.07 percent as against -2.33 percent in March. Manufactured product inflation, at 68 month low in March, indicated low pricing power of manufacturers.

There is a good case for cutting rates by 50 basis points on 2 June, when Rajan conducts his next monetary policy review. He has to be bolder than he has been so far. He has to abandon his fear of inflation when it is nowhere in sight.

There is a good case for cutting rates by 50 basis points on 2 June, when Rajan conducts his next monetary policy review. He has to be bolder than he has been so far. He has to abandon his fear of inflation when it is nowhere in sight.

http://www.StockMarketFunding.com US GDP Downgrade 1.5% 2010 Economic Analysis Video Pt 1 US Economy bama china, trading, depression, inflation, economic, economy ,economic collapse, recession, stocks, stock market, economics, the economy, economy 2010

US inflation continued to go up in June, the consumer price index jumped 9.1% than a year ago. Prices are rising at the fastest pace in 41 years.