Archives
467 / 652
General
Oil Min Wants Huge Hike in Diesel Car Duty
Diesel Vehicles to cost more? The oil ministry has supposedly requested a steep hike in excise duty for diesel cars, of at least Rs. 170,000 per small car and ...
Economy
IIP for April 2012 at 0.12% Growth
The Index of Industrial Production (IIP) for April 2012 has come in at 0.12% which is weak but stronger than March’s negative –3.47% (which has been ...
Foundations
ULIP Underperformance: Stunted By Guarantees
Unit Linked Insurance Policies tend to be very complex and highly loaded with costs. But some policies have looked good in theory, but they turn out to be dud ...
Startups
Jagan-Srinivasan Enquiry Explains the Startup Tax
When the CBI investigated BCCI Chief N. Srinivasan’s company, India Cements, they seem to have uncovered why the “Startup Tax” was introduced in the ...
Economy
Has India Plunged Into Recession? GDP Data Fudge Reveals Details
The Great Indian Data Suckage story continues. GDP data from MOSPI (the agency that reveals data) recently brought growth down to 5.3% and it turns out there ...
Commentary
Readings: Greece Broke, Slumdogs Into Millionaires
The Prospectus For Silicon Valley’s Next Hot Tech IPO (which sounds like most Indian IPOs) Greece Warns of Going Broke as Tax Proceeds Dry Up (NYT) Nearly ...
Commentary
RBI Bans Preclosure Penalties Officially
The RBI has officially banned Preclosure Penalties on all housing loans: (Notification) RBI/2011-12/589 DBOD. No. Dir. BC.107/13.03.00/2011-12 June 5, 2012 All ...
General
Indian Mobile Usage Overtakes Web? Or Shady Stats?
Mary Meeker says that India’s Mobile usage of the internet has surpassed Desktop usage. This is where I pause to let you splutter and choke. I don’t ...
Startups
OT: Stay Long Term or Think Exit?
Ravi Kiran talks about the Importance of Staying On. (Forbes) The three most exciting events in the big-city start-up promoter’s life appears to be ...
Foundations