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Month: October 2013

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India has the highest petrol-price-to-income ratio in the world

Bloomberg has an interesting visualization of what oil costs in various countries, and India’s been among the top in terms of number of days wages it will ...

Apollo Counters Cooper allegations; Deal Might Fall Through

The Cooper-Apollo merger is disintegrating before it even happened. While Apollo was sued by Cooper tire for not attempting to do things fast enough, Apollo ...

Reliance Sep 2013 Results: Profit Shocker at +1.5% Only, Saved Only By The Dollar

Reliance Industries announced results yesterday, and things don’t look all that great on the growth front, but markets seem to like it. Revenues up beyond ...

Consumer Prices Go Up at a Scary 9.84% in Sep 2013

Consumer Price Inflation for September was a huge 9.84% as policymakers struggle to find out what makes prices keep going up and up. The answer, in my opinion, ...

The Rally No One Wants To Believe

In the midst of an incredible upmove, the Nifty is at 6110 and is nearly at an all time high (6300+ is the highest). Everyone I know seems to be surprised by ...

Wholesale Price Inflation for Sep 2013 at 6.46%, Uptrend Resumes

Inflation on the Wholesale price Index (WPI) has come in at 6.46%, up from August’s 6.1%, and showing a pronounced uptrend. The index graph has now inclined ...

August IIP Comes at +0.6%, Rubber Insulated Cable is Still Mysterious

The Index of Industrial Production (IIP) data for August 2013 shows a sudden drop from July’s big number down to +0.6%. The numbers better start improving ...

RBI Sells $6.8 Billion in August 2013, After $6bn in July

It turns out – and we only know two months later – that RBI has been selling dollars big time. $6.77 billion dollars have been sold, with more than ...

Infy Sep 2013 Results in Charts

Infy announced Sep 2013 results today. The stock is up 5% which is not nearly as much as it has been in the recent past. However, let’s take a look at the ...

Infy Has Moved 10% in Each of the Last Three Result Days

As US markets rejoice that US congressmen are actually talking about ending the shutdown, and the Dow is up a gazillion points, we bring you the incisive ...