"Even in 2013, the rupee had breached the 67 mark before finally coming close to 60. These kind of corrections do keep taking place."

"The govt will have to have a more conciliatory approach from now on. But apart from that, I do not see the Bihar outcome changing anything...

"Rupee depreciation is not going to help much. Eventually, the main factor behind export increase is the demand from importing countries."

We need both Japan and Eurozone to come out of the recession. Japan has again slid back into recession.

'The RBI will continue to remain vigilant and I do not see any interest rate cut this year,' said DK Joshi, Crisil.

So we see the rupee at 60 by March 2015. The pull factor of the economy has improved after a decisive election mandate, which is healthy fo...

"As far as FOMC is concerned, we do not expect any surprises and our expectation is that they will wind up the tapering by December 2014."

Admiral DK Joshi’s decision to quit as Chief of Naval Staff not only upheld the highest traditions of the service but reflected his persona.

There is a genuine pressure from food inflation which is persistent in nature, says DK Joshi.

'The only way to attain the fiscal target of 4.8% is to cut down capital expenditure quite sharply,' says DK Joshi

'Unless there is a huge amount of risk-aversion globally, money should come back because the Indian market would become attractive'

"When the event happens, you could see a shock which could correct itself quickly provided we work on improving the fundamentals," says DK ...

If you import the same amount of gold as you did last year, your gold import in dollar terms is going to be much lower, says DK Joshi.

Bond yields have come down, commercial paper rates have come down, but what has not come down is the bank lending rate, says DK Joshi.

"The RBI has implicitly said that unless the inflation surprises on the downside, there is very little possibility of a rate cut," DK Joshi...

"So given that there has been more than expected softening in inflation, the central bank will start cutting rates on January 29th."

Though it is becoming difficult to predict IIP growth, it should stabilize somewhere around 1%, says Joshi.