This was a live blog. Excuse the mistakes. 12:45 PM: Cigarettes and Bidi excise duties go up 2% everywhere. Titan down 2% on the gold news? Gold duties ...
I write at Yahoo, Diesel Prices Must Be Deregulated In the Budget Diesel prices are way below the price of petrol for a long time now, with the difference of ...
In a very boring macroeconomic note (mid quarter review, March 2012) the RBI decided not to change anything, and wait and watch. They had recently reduced the ...
Railways Minister Dinesh Trivedi announces a hike in raild prices, and immediately Mamata Bannerjee, head of the Trinamool Congress (TMC) opposes it. The funny ...
The headline number for inflation in Feb 2012 is officially 6.95% which will be revised in two months. The number hides two important points. One, that the Feb ...
Fixed Maturity Plans (FMPs) are not spoken about much now, but if you’re looking at getting reasonable tax free returns, consider this: FMPs invest, ...
The RBI had sold another $7.3 billion in Jan 2012, taking the FY 2011-12 (Apr to Mar) cumulative figure to net sales of $19.8B. On a cumulative basis, this is ...
In January 2012, the Index of Industrial Production (IIP) went up 6.82% from the previous year. Note that this is highly untrustworthy data. MOSPI is notorious ...
Greece managed to get the “Private Sector Involvement” in a deal that restructures their debt, effectively making lenders forgive $100 billion euros. This ...