The ex-CEO of the National Spot Exchange Limited (NSEL) has now decided to take the entire blame of the 5,500 cr. scam. So first there was a Ponzi scheme ...
The borrowing in the Marginal Standing Facility (MSF) went to a record Rs. 1.4 trillion (1.4 lakh crores) for the weekend, on the cash crunch due to the income ...
In FinTech’s annual report, note that NSEL’s settlement guarantee fund was close to non-existent in comparison with the 800 cr. , 60 cr. and even 5 cr. ...
Wholesale Price Index (WPI) based inflation for August 2013 was at +6.1%, an increase over the previous month’s 5.79%, the highest since Feb 2013. This is ...
It’s the end of the Fed-chair-road for Larry Summers, who withdrew his nomination for the post yesterday after Democrats opposed him on the grounds that ...
India’s foreign exchange reserves have been through wild rides recently. But if you look at the reserves since 2001, here’s where we went. There are three ...
A letter by the NSEL Investors Forum chief Arun Dalmia seems to state that Jignesh Shah is in “advanced discussions” to sell his stake in Financial ...
Pavan Srinath tells us about the breakup of the Russian-Belarusian Potash Cartel: Two big cartels control the global potash trade: the first being BPC, a joint ...
With the rise in the Index of Industrial Production (IIP) yesterday to +2.6%, a rumour started to float around that all of this was caused by a spike in one ...
