Archives
409 / 652
General
SEBI Gets Tough on HSBC after MoneyLife’s Expose
Moneylife’s action to expose HSBC for mismanaging the funds of singer Suchitra Krishnamoorthi has paid off; SEBI has now asked HSBC to explain its behaviour ...
Charts & Analysis
CPI Inflation for Oct 13 At 10.1%; Interest Rate Hike Likely?
Okay, we’re now getting into ludicrous territory. Consumer Price Inflation has just crossed into double digits, moving to 10.1% in October 2013. Wholesale ...
Economy
IIP Bumps Up to +2% on “Electricity”
The Index of Industrial Production (IIP) for September 2013 has come in at +2.0% in what seems to be a surprise. However the numbers are better due to a lower ...
Commentary
Reads: Indonesia Ups Rates, Summers Calls India Outlier, NSEL arrests, Thinksoft Soars
Indonesia raises rates by 0.25% to 7.5%. They have now raised rates by 1.75% since June. Inflation there is at 8%, and their current account deficit is 4.4% ...
Stocks
Apollo Tyres Q2 Profit Up 44%, Cooper Deal in Jeopardy
Apollo tyres Q2 profit comes in at Rs. 219 cr. , a 44% increase over last year. Apollo was set to acquire Cooper tires in the US for $2.5 billion, and after ...
Economy
RBI Sells $4bn in Sep 2013, Despite Big Currency Inflows
We note from the RBI Monthly Bulletin, that it has continued its selling spree on the dollar, selling a more than $6.9bn (gross) through the month of ...
Charts & Analysis
Trade Balance for October Back Up to $10 Bn, Oil Imports Weigh
India’s Trade Balance for October 2013 comes in at $10 billion, above the two-year low number of $6.7 billion in September, which I had said was likely to ...
Charts & Analysis
Housing Prices in India Grow 13%, Lowest in Four Years
The RBI Housing Price Index for April-June 2013 is out. Well, sort of. In the quarterly macroeconomic development paper, they’ve released the Housing Price ...
Charts & Analysis
International Indexes in 2013; Nifty Still Ahead in BRIC
It’s been a while since I posted the International Index Comparison, so here goes. International indexes in November favour the developed nations, with the ...
Commentary