While demonetisation will benefit the organised sector, the government has to find a way to channel the upcoming revenue buoyancy towards job creation to balance out job losses in the informal sector, says Akash Prakash. Surveys show that small and medium enterprises even today are unable to access enough cash to pay their vendors, workers or fill channel inventory. Photograph: PTI Photo. Demonetisation has clearly been a very controversial move. The critics will argue that none of the black ... Rediff.com, 1 month ago
Determining the direction of the dollar in Trump's America will be more critical for asset allocation than getting your call on interest rates right, says Akash Prakash. Illustration: Dominic Xavier/Rediff.com Probably the biggest decision for investors in 2017 is determining the direction of the US dollar. Even more than getting your call on interest rates right, predicting the direction and trajectory of the dollar will be critical for asset allocation. Entering the year, the currency ...Rediff.com, 2 months ago
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