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4402 ArticlesDeepak Shenoy

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RBI Hikes Interest Rates by 25 bps

RBI today hiked interest rates by 25 bps each – the Repo rate is now 6.25% and reverse repo is at 5.25%. But it also said: Based purely on current growth and ...

India October PMI Up to 57.2

The HSBC Markit October India Manufacturing Purchasing Manager’s Index (PMI) was released today and it bumped back up to 57.2 from the 55 levels last month. ...

Stock Options Go European from Jan 2011

According to the NSE: (Thanks to @Prashant_Krish) In pursuance of SEBI circular no. CIR/DNPD/6/2010 dated October 27, 2010 regarding European Style Stock ...

Primary Articles Inflation Down to 16.62%

As per the report yesterday, Primary Articles Inflation is at 16.62%. Change of wind direction? Also the 28 Aug number was revised upwards, from 16.08% ...

NIFTY Tanks at 3 PM, closes below 6,000

The NSE Nifty tanked at 3 PM to close below the 6,000 mark, and you can blame it on F&O Expiry. A number of people punt on options on the expiry day, ...

Reader Questions: Credit Card Overcharge

Reader PB asks over email: Apart from Interest, ICICI Bank Credit Card Statement always include Service charge and Insurance charge. Is it right for the Bank ...

The Good, Bad and Ugly of Credit Cards

My Latest at Yahoo: The Good, Bad and Ugly of Credit Cards Credit card debt puts microfinance companies to shame, with interest rates upwards of 30% per ...

Niall Ferguson: More Stimulus = Bubbles in EMs

From Zero Hedge: Niall Ferguson Explains Why Keynesian Policies Are Dooming The World Economy To Round After Round Of Asset Bubbles The important bit – and ...

MFIs get hit by AP Government

On Oct 15th, the Andhra Pradesh Govt. issued an ordinance to rein in Micro Finance Institutions (MFIs) in the state, quoting their strong arm recovery methods. ...

Primary Articles Inflation down at 18.05%

Primary Articles Inflation is down from 18.54% last week to 18.05% this week. 14th August data was revised up from 15.5% to 15.88%. The index last year ...