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Commentary
Bad, bad, bad News, but the markets don’t care anymore
News from around the world: Bernie Madoff cons folks like Nomura and BNP Paribas (allegedly) and many more, of $50 billion. That’s a lot for a Ponzi ...
Economy
IIP Data: Drops by 0.4% in October
The Index of Industrial Production is at 261.5 today, a drop of 0.4%, for the first time in a very long time. Here’s what it looks like: The bottom bars ...
Commentary
Gilt Funds: An update
After I first wrote a post about buying Gilt funds, I went through a harrowing experience with Sharekhan + Franklin Templeton, which resulted in my money being ...
Commentary
Indian Inflation Down to 8%; China Losing Steam
Indian Inflation data was out today – a figure of 8% will be deeply satisfying. With the petrol price last week, we should see even lower figures coming ...
Economy
YASP: Yet Another Stimulus Package
Kamal Nath says there’s going to be another stimulus package next week. The second stimulus package, Nath said, would be aimed at generating employment ...
Commentary
0% on 4 week T-bills, Negative yield on the 3-month
From Bloomberg: he Treasury sold $30 billion of four-week bills at zero percent for the first time since it began selling the securities in 2001 amid ...
Commentary
Dubai's Dreams in Tatters
Newsweek: Dubai’s last hurrah “It’s a tragedy in the making,” said a senior executive with one of the city’s biggest ...
Commentary
Jon Stewart on the Mumbai Terrorists
Bankrupt policies pursuing bankrupt ideologies: The Daily Show With Jon StewartM – Th 11p / 10c Mumbai Tragedy Barack Obama InterviewJohn McCain ...
Commentary
A 30,000 cr. ($6 billion) stimulus package
Update: Turns out it’s 30,000 cr., not 300,000 cr. Suitably edited – my apologies. India joins the global stimulation exercise. Total spending in ...
Stocks