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Commentary
Thursday Reads From Gurgaon
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 ...
Foundations
Unravelling the GDP Number: The Perils of Arguing About Real GDP Growth
Finance Minister Chidambaram and BJP politician Yashwant Sinha had a public spat recently about GDP growth rates. According to Chidambaram, the statement made ...
Charts & Analysis
Exports Up 11%, Imports Down 18%, Best Monthly Trade Balance in 2 years
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 ...
Commentary
Three Reads: High Credit/Deposit Ratio, Bearish US Housing, Trouble in Walmart-Bharti
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 ...
Charts & Analysis
Currency Notes In Circulation Shows Lowest Growth in 6 Years
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 ...
Charts & Analysis
Chart: Dollar Down to August Lows Since Rajan
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 ...
Stocks
Apollo Gets Sued by Cooper for Not Doing Things Fast Enough
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 ...
Charts & Analysis
RBI Cuts Rates to 9%, Announces 7 and 14 day Repo
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 ...
Charts & Analysis
FIIs Continue To Sell Debt, Slow Down Equity Buys
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 ...
Charts & Analysis