The government will probe the conflict of interest in the NSEL issue, where the exchange has defaulted on the last settlement and it’s chairman, Shankarlal ...
The Finance Minister has said that India will, in effect, try to close a large gaping hole in our current account using some sort of quick-drying glue. ...
Trade data for July 2013 showed a fairly good change in the export/import statistic, with exports increasing and imports staying steady. The Trade Balance till ...
The Index of Industrial Production (IIP) for June 2013 comes in at –2.20%. While this is largely unreliable data, it’s all we have so we’ll have to go ...
The Consumer Price Index (CPI) for July 2013 shows inflation of 9.64%, marginally lower than the 9.87% in June. Wholesale price based inflation will come in on ...
Today’s 11,000 cr. auction of 35 day cash management bills are seeing yields that haven’t been seen before: 11.71% Now, things should be cool for banks. ...
MSF Borrowing continues to rise, with more then 40,000 cr. (Rs. 400 billion) borrowed for the four day holiday over the weekend. I had earlier posted that it ...
This is going to be a week high on data. Money: There are two 11,000 cr. auctions of cash management bills, on Monday (Aug 12) and Tuesday (Aug 13). The impact ...
Avinash Celestine is on roll. In a long but very readable piece, he talks about how money is converted from Black to White using stocks. At the helm is the ...
Economic Times has two investigative pieces on NSEL. First, Avinash Celestine hunts down the list of the 24 entities that own money to NSEL. And finds ...
