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Economy

RBI Further Tightens Gold Imports: Now 20% of all Consignments have to be Exported

India will continue to import Gold no matter what, it seems. The RBI has gone ballistic over gold imports, creating further barriers to the process. In a ...
Charts & Analysis

Chart: Forty Five Years of Industrial and Farm Labour Inflation

Consumer Price Indexes for Agricultural Labourers and Industrial Workers have been available since the 1960s. Here’s a long term chart of how they’ve ...
Stocks

Network18 Continues a 500 Cr. Loan to a Promoter Entity

Network18’s annual report shows their loan to their promoter company “Network18 Group Senior Professional Welfare Trust” stays at Rs. 500 cr. Remember, ...
Stocks

Being Oberoi’s White Knight Costs RIL 876 crores

3 years ago, the Oberoi family that owned the fancy Oberoi Hotels sold 14% of the company to Mukesh Ambani’s Reliance Industries. The reason: to avoid having ...
Stocks

RIL June 2013 Results in Charts

Pictures tell you a story. Let’s look at the Reliance Results for their story. Revenues Fall Year on Year, Profits up 20% on a Lower Base None of the ...
Fixed Income

Weekly Government Bond Auction Devolves For First Time Since May 2011, Second Biggest Ever

RBI’s weekly auctions of government securities hit a snag today. Out of the 15,000 cr. for sale today, over 3,500 cr. worth of bids weren’t accepted, and ...
Economy

Strange Things are Happening in the Liquidity Bazaar

In the days following the RBI hike in rates, we are seeing interesting movements in the fixed income markets. Repo Bids Rise Substantially, But No MSF Repo is ...
Fixed Income

Liquid Funds Rebound, Normalcy Begins To Return

For those of you who fear having to exit liquid funds due to their unusual fall in one day, note that yesterday bond markets were more stable, and therefore ...
Mutual Funds

Revisiting the “Promoter Put” in Mutual Funds: Dheeraj Singh

This is a guest post by Dheeraj Singh. Dheeraj was a fund manager for many years specializing in fixed income. He used to head fixed income at IL&FS Mutual ...
General

HUL At 700: Best To Not Have Tendered!

When I wrote about the HUL Open Offer, I suggested that it would be better to have sold the stock in the market than to have tendered in the open offer. ...