Archives
448 / 652
Economy
March 2013 IIP at +2.5%, But Lower than March 2011
The Index of Industrial Production (IIP) came in on Friday for March 2013 at 2.5% greater on a Year-on-Year basis. Note that even with this spike (usual for ...
Startups
OT: Are Non-Competes Legal in India? Mostly, No.
Employers routinely hand out pre-drafted agreements that contain clauses like: You will not be employed in a firm that competes with for a period of two years ...
Fixed Income
Bond Market Volumes at Highest Ever, Yields at 3 year Low
Bond market volumes have gone absolutely nuts. Yesterday, the official figure was 123,000 cr. in the government bond market, the NDS-OM. Note: you and I ...
Commentary
Real Estate, Not That Great Long Term, says Ajay Shah
Ajay Shah writes that Real Estate is not a great long-term investment: Too many intelligent people in India believe that one can never do wrong by investing in ...
Commentary
Housing Prices Do Show Signs of a Bubble
In the post-policy press conference, Dr. Subbarao, Big Boss of the RBI, made this innocuous statement: Shishir Shindekar: Sir the housing price index is ...
Charts & Analysis
April 2013 Composite PMI Lowest Since Oct 2011
The HSBC Markit Purchasing Manager’s Index (PMI) was in for April 2013 today at 50.5, the lowest since October 2011. This composite index is an average of ...
Startups
The Earth is Shaking for E-Commerce in India
Is there something really bad happening with e-commerce companies? Recent developments indicate that the space is now going through a massive correction, and a ...
Charts & Analysis
Nifty in April Turns 2013 Around with a 4.4% Return
The Nifty was up 4.4% in a reversal month of April, 2013, bringing the Year-To-Date return up to a marginally positive number (0.4%). May has traditionally ...
Charts & Analysis
RBI’s 2013-14 Macro Policy in Charts
In it’s macroeconomic policy for 2013-14, RBI has cut rates, the only BRIC country to do so. I’m going to do a big chart post with nearly all charts from ...
Economy