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Commentary
Direct Tax Code Bill Kinda-Sorta Happens
The Union Cabinet has cleared the Direct Tax Code bill, which means nothing other than it will actually be cleared by December if it’s tabled on Monday, and ...
Opinion
On Yahoo: Survivorship Bias
My latest at Yahoo, on Survivorship Bias: “If you had bought Praj Industries at Rs. 2 in 2003 for just 100,000 rupees, it would be worth Rs. 40 lakh ...
Fixed Income
IFCI Infra Bonds: Saves You Tax Too
IFCI has some infrastructure bonds open for purchase, and they give you a tax exemption on a limit of 20,000 per year. Scheme: ...
Commentary
Thinking Aloud: SMS Spam
Reading about Spam SMSes I’ve realized that the reason spam is prevalent is that costs are low. From LiveMint: Today, Singh sends close to 20 million SMSes ...
Economy
Food Inflation at 14.85%: Dangerous Past Revisions
Food Inflation – the “Primary Articles” part of the WPI – is quietly inching downwards, at 14.85%. Click for larger images. While inflation looks like ...
Charts & Analysis
NIFTY Changes, Stocks In and Out
Three stocks are being replaced in the NSE Nifty, as of October 1. Going out Coming In ABB BAJAJ-AUTO IDEA Dr. Reddy UNITECH SESAGOA Typically stocks ...
General
IIP, Seasonally Adjusted, is a Positive
The Index of Industrial Production which I mentioned in my earlier post as a negative (only 7.13%) is strangely, a positive move when it is seasonally ...
General
More MLM: Insurers, Fraud MLMs and Videos
I’ve been getting a dramatic number of emails regarding the Multi-Level Marketing article. Some comments: From @monikahalan – a Mint write up about how ...
Foundations
On Yahoo: Multi-Level Marketing
My latest at Yahoo: The Problem with Multi-Level Marketing (Reproduced) A few years ago, a member of my college’s alumni association called and wanted to ...
Commentary