Summers exit cheers markets, but inflation plays spoilsport
PUBLISHED ON: September 16, 2013 | Duration: 23 min, 53 sec
The news that Larry Summers has decided to exit from the race of US Fed chief sent markets soaring this morning. But the party was spoilt by higher than expected inflation data. On the show we discuss the downside risks to the Indian economy and the state of the global economy five years after Lehman Brothers collapsed. Also an industry mood check with Adi Godrej.