The recently introduced (not yet passed) food security bill has demonstrated that the government has officially lost the plot. The bill proposes a cost of less ...
The Reserve Bank of India (RBI) today changed nothing, which nowadays is a big event in the markets. In the mid-quarter policy review, RBI has said a lot of ...
India’s Purchasing Manager’s Index (PMI) accelerated to a three month high in November 2011 to 52.3, from October’s 50.3. (This is a composite index, a ...
The September Quarter GDP numbers are out and we have a headline number of 6.9%. Note that this is released by MOSPI which is notorious for revising data ...
In my first post, I’d asked what you would do if you lost your job. Not too many responses came about, and I think that’s because people don’t think such ...
Mike Shedlock shares an interesting letter about Slovenia (whose bonds went to 7% recently): I am an economist from Slovenia (I have written you before about ...
The crisis in Europe has been stunningly reversed, or so the markets think. Details are sketchy but we have this: Banks and other holders will voluntarily take ...
As on 18th June, Bank credit growth is 19.5% and the highest since Jan 2009. There will be a new data point tomorrow. Strong bank credit growth is good for the ...
The wholesale price index is on fire yet again. The latest data – for May 1 – shows primary articles at 16.76% inflation, with the index widening 2.5% from ...
A volatile week on Dalal Street has ended. With the Nifty closing at 5305, the week saw us go all the way down to the 5160 levels and recover from there; FIIs, ...
