This is just a heads up. The fear is that something is happening in Syria. But these are rumours and the following could be an overreaction. Russia supposedly ...
It’s not just India. The Rupiah has fallen to 11,000 to a dollar, the lowest level since 2009. This part is scary: The nation’s trade shortfall was $2.3 ...
In what is definitely a temporary move, the RBI has cut the issuance of government bonds this Friday to just 10,000 cr. , down from the 15,000 cr. that was ...
India’s Manufacturing Purchasing Managers Index (PMI) came in below 50 for August 2013, the first sub-50 level (indicating contraction) since 2009. The ...
The crisis behind the NSEL (National Spot Exchange) is getting more and more murky. The Exchange released client positions behind the 24 members who “owe” ...
The Month of August 2013 has not been kind to the Nifty, dropping 5.3% (and that’s not considering that on Wednesday, just two days earlier, the Nifty was ...
The First Quarter 2014 (June 2013) Gross Domestic Product (GDP) data release shows that Indian growth has dropped to 4.4% in “real” terms (meaning, after ...
In what seems to be a mechanism to fight the outflow of money, Indonesia has raised interest rates by 0.5%. The new rate is now 7%. Brazil on the other hand is ...
Outgoing RBI Governor D. Subbarao leaves with a parting speech that will make some snigger, but it has lessons in it for most others. I thought he had a great ...
In the light of the liquidity squeeze that RBI has been doing, the impact seems to be hitting the market now. After three days of hectic auctions (22,000 cr, ...
