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General

Diversify away from the dollar, says Tendulkar (not Cricket)

Suresh Tendulkar questions Indian dollar reserves: Suresh Tendulkar, economic adviser to Indian’s Prime Minister Manmohan Singh, is urging the government to ...
Commentary

Anything that is too big to fail is too big to exist

The Quiet Coup by Simon Johnson (HT: Reader “KVV”) The crash has laid bare many unpleasant truths about the United States. One of the most ...
General

India's External Debt at $230B

RBI’s statement on India’s external debt provides interesting statistics. At $229.9 Billion, the total external debt remains flat from $224.6B last ...
Commentary

Matt Taibbi And The Goldman Saga

Goldman Sachs, in my opinion, has started its descent. For years, it has been out there, surviving crisis after crisis, managing to make tons of money and pay ...
Stocks

15,000 cr. bond auction hits subscription wall at the long end

After weeks of full subscription to the 15,000 crore weekly bond issuances, last Friday’s bond sale was not fully subscribed. Around 900 cr. could not be ...
Economy

Reverse Repo at a high

A look at the reverse repo growth over the last few months is interesting: The reverse repo level crossed 100K cr. every day in April – a typical spike ...
Stocks

Mahindra Holidays IPO: My View

After a long time, I’ve decided to analyse an IPO draft prospectus. Note that this is not advice, just my opinion. Price: 275 to 325. Size: 92.65 Lakh ...
Economy

Inflation dips below 0. at -1.61% now.

India’s Wholesale Price Index has fallen compared to last year, giving us the first negative figure in 30 years, with a -1.61% printed. Of course this ...
Opinion

Why you shouldn’t believe predictions, including mine

Because they can be just plain wrong. I wrote as my prediction for this year, in my Diwali post: It will not be a year for the index. The index may gyrate ...
Stocks

FII Investments – Any leading indicators?

I mapped all FII investment data, (net daily, since 2006, when it’s been made available) from the NSE Web site to check if FII data had any leading ...