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4402 ArticlesDeepak Shenoy

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Food Inflation at 14.75%, Scary revisions 2%+

Primary articles inflation (mainly food) was announced at 14.75% but as usual what is worry is the restatement of past data. Primary articles inflation of 18th ...

Direct Tax Code Bill Kinda-Sorta Happens

The Union Cabinet has cleared the Direct Tax Code bill, which means nothing other than it will actually be cleared by December if it’s tabled on Monday, and ...

On Yahoo: Survivorship Bias

My latest at Yahoo, on Survivorship Bias: “If you had bought Praj Industries at Rs. 2 in 2003 for just 100,000 rupees, it would be worth Rs. 40 lakh ...

IFCI Infra Bonds: Saves You Tax Too

IFCI has some infrastructure bonds open for purchase, and they give you a tax exemption on a limit of 20,000 per year. Scheme: ...

Thinking Aloud: SMS Spam

Reading about Spam SMSes I’ve realized that the reason spam is prevalent is that costs are low. From LiveMint: Today, Singh sends close to 20 million SMSes ...

Food Inflation at 14.85%: Dangerous Past Revisions

Food Inflation – the “Primary Articles” part of the WPI – is quietly inching downwards, at 14.85%. Click for larger images. While inflation looks like ...

NIFTY Changes, Stocks In and Out

Three stocks are being replaced in the NSE Nifty, as of October 1. Going out Coming In ABB BAJAJ-AUTO IDEA Dr. Reddy UNITECH SESAGOA   Typically stocks ...

IIP, Seasonally Adjusted, is a Positive

The Index of Industrial Production which I mentioned in my earlier post as a negative (only 7.13%) is strangely, a positive move when it is seasonally ...

More MLM: Insurers, Fraud MLMs and Videos

I’ve been getting a dramatic number of emails regarding the Multi-Level Marketing article. Some comments: From @monikahalan – a Mint write up about how ...

On Yahoo: Multi-Level Marketing

My latest at Yahoo: The Problem with Multi-Level Marketing (Reproduced) A few years ago, a member of my college’s alumni association called and wanted to ...