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Economy

IIP for August 2011 at 4.04%

The Index of Industrial Production (IIP) data for August 2011 was 4.04% higher than last year. Note: This is not very reliable data, so take it with ...
Charts & Analysis

Chart Of The Day: Gold Holdings By Central Banks

India has a lot of gold, we think, but how does it compare to what other central banks have stashed away? A ton of gold is worth around $56 million. India has ...
Stocks

Chart Of The Day: INFY Result Impact

The Infosys stock is down 3.5% to 2,500 as we speak, and it’s a result day tomorrow. Result days are big for the INFY stock; the chart of the day shows the ...
Stocks

TTK Prestige Grows EPS 55% in Sep 2011

TTK Prestige threw in a fantastic set of results today, with 55% EPS growth, and 51% revenue growth, year on year. The stock closed up 7% at 2818. The chart ...
Stocks

Sintex Drops EPS 61% on FCCB Losses

Sintex announced results post market hours, at 3:45 pm today. While revenues are up 25% to 1154 cr., the net profit has dropped 61% to just 38 cr. from 101 cr. ...
Charts & Analysis

Chart Of The Day: Reserve Money Growth

Reserve Money is the base money of our banking system, a level before the banks come in an multiply it with credit. It consists of the money RBI prints ...
Opinion

Banks Sucker You On Automatic FD Renewals

Your bank tries to sell you fixed deposits with an “Auto renewal” facility where, if you don’t say anything, they will renew your deposit for the same ...
Charts & Analysis

PA Inflation At 10.84%, Fuel 14.69%: Week of Sep 24

Inflation at the Primary Articles level is at 10.84% for the week ended 24 September 2011. PA accounts for about 21% of the overall index. Fuel, which has a ...
Charts & Analysis

Chart Of The Day: 3% Up On The Nifty

The Nifty seems to be up 3% today as it opens post Dussehra, when world markets rejoice the lack of bad news. (That, nowadays, is a good thing) How many times ...
Charts & Analysis

CRB Index And Indian Inflation: Shaky Correlation

Sandip Sabherwal makes the point that our WPI inflation is based almost entirely on commodities, and is seriously correlated with the CRB/Reuters index (a ...