Railways Minister Dinesh Trivedi announces a hike in raild prices, and immediately Mamata Bannerjee, head of the Trinamool Congress (TMC) opposes it. The funny ...
The headline number for inflation in Feb 2012 is officially 6.95% which will be revised in two months. The number hides two important points. One, that the Feb ...
Fixed Maturity Plans (FMPs) are not spoken about much now, but if you’re looking at getting reasonable tax free returns, consider this: FMPs invest, ...
The RBI had sold another $7.3 billion in Jan 2012, taking the FY 2011-12 (Apr to Mar) cumulative figure to net sales of $19.8B. On a cumulative basis, this is ...
In January 2012, the Index of Industrial Production (IIP) went up 6.82% from the previous year. Note that this is highly untrustworthy data. MOSPI is notorious ...
Greece managed to get the “Private Sector Involvement” in a deal that restructures their debt, effectively making lenders forgive $100 billion euros. This ...
The Reserve Bank of India has cut the Cash Reserve Ratio (CRR) by 0.75% to bring it down to 4.75%. This, I think, is the lowest ever. In order to mitigate ...
You gotta admire the gall. CRISIL – the credit rating agency: decides to buy back shares at a max price of 1,000, for upto 80 cr. on 15 Dec 2011 By 30 ...
The per-capita income growth in each state from 2004-05 to 2009-10 (data from RBI) brings out an interesting chart. You would have expected Gujarat to top the ...
