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Economy

RBI Cuts CRR by 0.5%

The Reserve Bank of India has cut the Cash Reserve Ratio (CRR) for banks, as a percentage of deposits, to 5.5% from the earlier 6%. This is, they say, to ...
Economy

RBI Policy: Inflation High, CRR Cut Unlikely

Two things are expected of the RBI today, in their monetary policy statement. One, that it will not raise interest rates – a stance taken already in end ...
Commentary

The 9% Move This Month, In Context

The week ended Jan 20th has seen the market up more than 9% for the month, in a recovery that is as stunning as it was unexpected. With 2011 going down more ...
Stocks

New SEBI Listing Norms To Curb IPO Abuse

IPOs have gone down massively in the recent past (see IPOs largely suck in 2010-11) and a large number of them have gone down over 80% from listing prices. ...
Stocks

Reliance: Dec 2011 Result in Graphs

Reliance Results in Graphs. I think this is the best way to view these things. Revenues are up, Profits are ...
Commentary

Vodafone Wins Case Against IT Dept

Vodafone has won the case against the Income Tax department, with the Supreme Court ruling that the IT department has no jurisdiction to tax Vodafone. Vodafone ...
Stocks

The Reliance Buyback In 2004-05 Analyzed

The last time Reliance bought back shares was in 2004-05, when they bought just Rs. 150 cr. worth shares. The actual announcement was in December: Max amount ...
Stocks

RIL Buyback: Pump And Slump?

Reliance Industries has said it will consider a share buyback in its Friday board meeting, and the stock went up 5% to 780. The theory is that Reliance will ...
Commentary

Dry Bulk Index Drops 43% In A Month

Bespoke Investment Group has an interesting chart on the Baltic Dry Index (BDI). According to FT, the drop is due to an anticipated increase in the number of ...
Charts & Analysis

Chart Of The Day: Repo Goes Beyond 150K cr.

More than 155,000 cr. was taken as Repo today, which is much higher than what RBI is comfortable with (1% of bank deposits or “Net Demand and Time ...