(The name credit is to @eyeofsiva who will probably disagree with my opinion on it!) RBI has decided to panic as the 10 year bond went to 9.24%. In an ...
Kirit Somaiya has uncovered more interesting details on the NSEL borrowers. He finds that Mohan India and Tavishi Enterprises are linked (they are two ...
On the eve of the first “payout” by the NSEL to its members, the other parties (“defaulters”) who agreed on a settlement program involving paying over ...
Turns out TV-18 has fired 300 people last week and it seems this is across the channels – TV18, Awaaz, CNNIBN and Lokmat. One of the terminated ones said, ...
I had written in June 2013 that India should sell all the excess gold in temples. (Excess, because some gold is on the idols). This resulted in people getting ...
The Rupee is now 63.13 to a dollar, and at this point everyone has a good reason but no one really knows why. You’ll hear the standard stuff like oh, we have ...
Bond markets are in a tizzy. The 10 year bond is now close to 9.25%. And that doesn’t even tell you the story – all other bonds, I mean every single one of ...
The safest rupee investment is (not the dollar) the central government debt. Because indirectly they own the printing press that prints the rupee. And that ...
Kirit Somaiya (ex BJP MP) has found that the directors of Juggernaut Projects, one of the lenders to NSEL are peons at Motilal Oswal, earning Rs. 8000 per ...
I was complaining about there being no big days on the Nifty in 2013 in April 2013, but boom, has that changed! This had moved to six in June 2013, and in the ...
