Archive for June 20th, 2012

India Macroeconomic Situation — Cause for Concern?

June 20, 2012

RBI Governor Dr Subbarao explains the Indian economy outlook. He even defends the recent policy decision to hold rates against market expectations to cut rates.

The PPT should be seen with his comments and explanations (given at the add notes section).

It is pretty comprehensive and covers many aspects of Indian economy. On Comparing 2012 with 1991:

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RBI awarded for its precautionary approach to the regulation of derivatives market..

June 20, 2012

Dufrenoy Prize for Responsible Innovation is an annual award instituted by Observatory for Responsible Innovation.

It gave its first prize to RBI for outstanding precautionary approach to the regulation of derivative markets.  It held a conference in 2011 and based on a speech by Ms Shyamala Gopinath (Dep Governor then, decided to nominate RBI:

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Why veiling is rising amidst Muslim Women?

June 20, 2012

An amazing paper by Jean-Paul Carvalho of UC Irvine (check his other paper as well). Just the kind of paper which takes you by surprise. (HT: Marginal Revolution)

He says veiling is rising amidst Muslim women. Importantly it is rising  among educated urban women.

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