The article is right. There's a lot of money, in the money markets. Europe is facing the same problem. The bankers have received a lot of money from ECB, but they don't really want to lend it to the manufacturers, traders etc. Why ? The economy is unsure. Same here.
I heard some analysis of IIP on CNBC and Latha was saying that the manufacturing has been poorer, but the December consumption has been better. So, what does it mean ?? Inventories are exhausted and there is money waiting for purchases, IMO.
I heard some analysis of IIP on CNBC and Latha was saying that the manufacturing has been poorer, but the December consumption has been better. So, what does it mean ?? Inventories are exhausted and there is money waiting for purchases, IMO.
i have a doubt the interest rate in america and europe is nearly 1-2% even if they lend to bank fixed deposits in india they will get their investment back,they are already earning around 15-20% on our markets via rupee appreciation and stocks i guess