Starting with two per cent devaluation on 11th August which was yuan’s or renminbi’s, biggest one-day devaluation in 20 years, China followed a three days devaluation that knocked more than three per cent off its currency value. The value of […]
Gold witnessed a slump hitting a five-year low this week; it’s down more than 40 per cent from its 2011 peak. At one stage the price was 19 years low. Traders and investors are worried about the fall in prices […]
Crisis has become part of economic life of the people all over the world. This decade and the last decade witnessed several crisis, starting with the US subprime crisis in 2007 and now passing through (not […]
“Very cautious approach but not in line with market expectations.” Dr Martin Patrick, Chief Economist, CPPR describes in these lines the first bi-monthly monetary policy for this year announced on 7, April 2015 in Mumbai. Dr Patrick expresses and explain […]
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