These figures astound me. Winsome Diamonds, a jewellery exporter, has defauted on loans to buy gold and the figures run up to a mammoth 7,000 crore. Says ...
The JustDial IPO has opened and at the end of the first day, has only 50% of the shares bid till now. About 67 lakh shares (6.7 million) of the 1.75 crore ...
We’ve discussed how Inflation Indexed Bonds might work in India, and like in the US, the difference in the yields between the two is likely to be the ...
Just Dial promoters will sell shares in an Initial Public Offer from 20th to 22nd May. They will sell 1.75 crore (17.5 million) shares at a price band ...
Vikram Pandit has bought a 3% stake in JM Financial for $10 million, and they’re applying for a banking license. The group’s financial activities will be ...
If you buy a fixed income bond, your problem is that as inflation increases, your income remains the same and this gives you a much lower return, net of ...
Market investors will rejoice today as the Nifty went up 2.5% to reach 6140, in reaching distance of the all time high of 6312. (Click for larger picture) Note ...
China: In Cash We Trust (WSJ): We think of India as using a lot of cash, but in reality, China’s just as big, or bigger: Lugging nearly $130,000 in cash into ...
Wholesale Price Index (WPI) based inflation comes in at a number you wouldn’t believe: 4.89%. But you don’t have to believe it. In Feb they told you WPI ...
I had recently mentioned that the Gold price drop would cause the Indian Current Account Deficit to narrow, and even quantified the amount: (How Much do the ...
