The first 7 day repo auction as noted in the recent announcement for liquidity easing will be held tomorrow (Oct 11, 2013). The repo terms have also been ...
I’m in Gurgaon for a week long Dussehra holiday. What I’m reading today: Construction firms are the largest service tax amnesty applicants (Business ...
Finance Minister Chidambaram and BJP politician Yashwant Sinha had a public spat recently about GDP growth rates. According to Chidambaram, the statement made ...
The Trade Balance came in at just $6.8 billion for the month of September 2013. This is the lowest in two years. Imports were down 18% from Sep 2012, from $42 ...
Manas at Livemint points out to the real reason behind the RBI move yesterday (HT Reader Rakesh/Vandana Ojha): Between 12 July (just before the central bank ...
In a conversation with @eyeofsiva and @rajivanand on twitter today, there was a discussion about cash in the system: @deepakshenoy second half of the yr is ...
A quick post on the short term move of the dollar. We are down to just below 62, which is about 10% lower than the recent high, now at levels we last saw in ...
Apollo’s deal with Cooper is in some jeopardy. In an SEC Filing, Cooper Tire has sued Apollo for not putting “reasonable best efforts” to complete the ...
The Reserve Bank of India has made an interim announcement to cut the marginal rate to 9% from 9.5%, effectively lowering bank costs of funding. Since Repo ...
Foreign Institutional Investors are continuing to sell debt like it’s going out of fashion. And it probably is. In September, on the back of more than 13,000 ...