If you are looking at the health of the corporate sector, this report is very positive. That sector is not going to slow down even if interest rates keep going up.
More Quotes from Rajeev Dhawan:
New Orleans is an economic disaster. This tragedy is so unprecedented people could be out of work for three, six, nine months or longer.Rajeev Dhawan
Right now, the worms are just an irritant, but there are a lot of weird things happening -- worms, bomb blasts in Baghdad and Jerusalem -- that are not good for the morale of executives. If that takes a hit, the much-vaunted recovery in business investment might get delayed.
Rajeev Dhawan
You can't convince a CEO there won't be another war, especially when we've had two in the past two years. It's not a conducive environment for investment.
Rajeev Dhawan
It will depend more on the phase of the business cycle and the credibility of the institution, namely the central bank, and the person.
Rajeev Dhawan
From that perspective, Miller looks like a good chairman. But he was basically fired.
Rajeev Dhawan
India cannot be inhuman to send back people who are persecuted or whose lives are in danger in their own countries. Currently, it's a cumbersome, ad-hoc process which does not expeditiously verify the status of refugees.
Rajeev Dhawan
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Musharraf is a good man and wants to improve relations with India.
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