RBI further eased liquidity measures today evening. It lowered the MSF by 50 bps to 9% (spread between Repo and MSF is 150 bps now) and announced another fancy instrument – term repo for liquidity easing:
Archive for October 7th, 2013
RBI’s recent measures to ease liquidity (7-Oct-13)..
October 7, 2013A brief history of finance and Prof Fama’s life at Chicago
October 7, 2013A short and nice article on how Fama came to finance and how finance has developed over the years.
It is amazing to note how top econs/fin guys cite role of serendipity/luck in choosing economics and right areas. it is even more ironical how little econs count luck as a factor in analysing economic developments:
Indian economists, with a few exceptions, do not understand macroeconomics….
October 7, 2013Says Partha Sen of DSE in his recent EPW piece. Well he talks about India’s Current account crisis and in the process takes a jibe at the econ community in India.






