Editorial -- Rupee in tailspin
Once again despite India having strong macro economic fundamentals of a high GDP growth, strong export potential, business confidence up with 110 financial companies posting a 60% increase in net profit, stockmarket volumes up, the Indian Rupee has come under external pressures.

Rs 43-44 -- overvalued or undervalued?
On what criteria does one determine the value of ones country’s currency? Several explanations are provided like domestic growth, political stability, international credit rating, external trade of the country, and likewise.

Rupee fall inevitable
Well looks like it is the same story that will be repeated again. Years on finance ministers have been making promises about capping fiscal deficit and curbing unplanned government expenditure.

Capital account convertibility -- a far cry
Today government is still hesitant about moving towards capital account convertibility as it has not completed it’s homework despite the fact the Indian economy is fairly stable politically, growth is picking up in most sectors and there are no major volatile shocks being experienced in the economy.

Close but still far to CAC
The government should study all possibilities before considering CAC. B Y Olkar, Head, FEDAI, expresses his views on the future of the Rupee while in conversation with Jayashree Jakhade of FE-Thinktank.

Plotting the road map
So far economists and monetary experts have been arguing about the negatives of an early entry of capital account convertibility (CAC) as India is still not fully prepared for it. But there are many pluses to CAC.

Is India prepared for CAC?
For India to move on to full CAC there will have to be a lot that the government will have to do. Firstly, it will have to clear up its fiscal deficit mess and make it more qualitatively productive.

CAC more a fashion
A change in mindset and overhaul of the financial system are prerequisites for moving on to CAC for which India is still not prepared. Ravi Vasant Raj of Mecklai Financial discusses his views with Jayashree Jakhade of Financial Express TT.

Homework still to be done
Today with India getting entangled with world trade and expanding its external links, the government and monetary authorities have to carefully review the macro and micro policies before taking any decision on the Rupee moving onto capital account convertibility(CAC).

Lessons from East Asia
Looking at the weak fundamentals and the fiscal mess that India is in it cannot afford to commit the same mistake as that of the East Asian and Latin American countries.