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Economy

Bank Credit Growth lowest since March 2004

RBI releases the total bank credit every fortnight. The latest total bank credit value (Food + non-food credit) adds up to 27.77 lakh crore. But you gotta look ...
General

NHPC IPO: P/E of 36

I’ve had some mail requesting for comments on the NHPC IPO. First note: the IPO is already 3x oversubscribed, with only one day of the IPO through. Only ...
Commentary

Buffett: Winning With Government Support

Rolfe Winkler on Buffett’s Betrayal: Today, Buffett remains famous for investing The Right Way. He even has a television cartoon in the works, which will ...
General

RBI rejects all bids in bond auction

The RBI was supposed to sell another 12,000 cr. worth of bonds today. In anticipation, the yields had moved to 7.09% yesterday. And today, this happened: The ...
Charts & Analysis

Yet Another Inflation Update

Time for an inflation revision. Latest is -1.58%, but the graph doesn’t look like it’s falling very much. (Click for a larger image) What’s ...
General

Another Great Trading Move

Once in a while you see a signal. Of euphoria, or panic. This time I’m seeing it again – the euphoria. It’s a great trading move – the ...
Foundations

Flabbergasted by Fibonacci

Vinod Sharma writes on the Magic of Fibonacci Numbers (Business Standard) Though the Fibonacci series was first explained by Pingala, the ancient Indian ...
Mutual Funds

How to buy Mutual Funds in a No Load Regime

SEBI has banned entry loads in mutual funds. From August 1, any mutual fund purchase will be invested in full in the fund. Distributors, if they like, must be ...
Commentary

Too Much Pain Buying “Under Construction” Properties (Or “Holes In The Ground”)

I haven’t bought a house or apartment, because houses are WAY overpriced ever since I could afford one. Also the rent-versus-buy argument is much skewed ...
General

Buffett on CIT and the "Cheaper" Money

Buffett on CIT’s recent troubles: (Via Calculated Risk) CIT pays 13% plus gargantuan fees of 5% or so to get rescue funding, and they had to put up 5x ...