MSF Borrowing continues to rise, with more then 40,000 cr. (Rs. 400 billion) borrowed for the four day holiday over the weekend. I had earlier posted that it ...
This is going to be a week high on data. Money: There are two 11,000 cr. auctions of cash management bills, on Monday (Aug 12) and Tuesday (Aug 13). The impact ...
Avinash Celestine is on roll. In a long but very readable piece, he talks about how money is converted from Black to White using stocks. At the helm is the ...
Economic Times has two investigative pieces on NSEL. First, Avinash Celestine hunts down the list of the 24 entities that own money to NSEL. And finds ...
(I write the column “Acting Pricey”, on Pragati. Here’s the original.) We are addicted. We are on steroids. We are now going to face the music. A steroid ...
Dimitry Agarkov hand-edited a credit card contract sent by a bank, and the bank accepted it. After two years of overdue payments, the bank sued Agarkov, ...
HDFC Prudence fund has bought Rs. 9 cr. worth shares of MCX, the commodity exchange that is run by Financial Technologies who also run the NSEL exchange where ...
When the Reserve Bank of India says it will cut liquidity, it means serious business. Coming up, from next week, is another massive measure to remove rupees ...
The Marginal Standing Facility (MSF) is now at 10.25% since July 17, after RBI’s act of making short term money more expensive. It had not been used for a ...
FIIs have been leaving in droves, it seems and the last two months have been the worst, on a monthly basis, in FII history. They have sold more than 60,000 cr. ...
