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View: China's glut, India's drought. Two faces of liquidity

The liquidity drought may be deliberate. Unlike Beijing, New Delhi has every reason to be sanguine about growth. A 7%-plus rate of economic expansion gives it breathing room to slay inflation before embarking on a fresh investment spree after the polls. Unless the Modi government surprises analysts by announcing a populist spending program in its Feb. 1 budget, the reasonable assumption is that its angling for an upgrade to its sovereign rating, which is perched at the lowest rung of investment grade. Meanwhile, the monetary authority is seeking to buttress its credibility as an inflation fighter. ....

Hong Kong , New Delhi , Narendra Modi , Soumyajit Niyogi , Bank Ltd , China Evergrande Group , Jpmorgan Chase Co , Prime Minister Narendra Modi , Nifty Index , Reserve Bank , India Ratings , Liquidity Crunch ,

SINGAPORE The Monetary Authority of Singapore, the central bank, on Monday kept its monetary policy unchanged, continuing its tight stance as infla ....

Monetary Authority Of Singapore , Monetary Authority ,

SINGAPORE The Monetary Authority of Singapore, the central bank, on Monday kept its monetary policy unchanged, continuing its tight stance as infla ....

Monetary Authority Of Singapore , Monetary Authority ,