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Jun 2012 CPI Inflation Still in Double Digits: 10%

In more depressing news, India’s Consumer Price Index (CPI) is still in double digit inflation mode, with Jun 2012 going up to 10.02%. The graph has ...

Cannot Rely on First Cut Inflation Numbers; June 2012 at 7.25%

Inflation data comes riddled with past revisions that make the headline figure of 7.25% (an improvement over the 7.55% last month) feel like a farce. If you ...

Nifty Snapshot: Upper band of P/E, Death Cross

Looking at the Nifty over the last five years shows you where we are today, relatively speaking. The current day P/E (trailing twelve months) is at 17.2, which ...

Jun 2012: Best Index Returns After Jan

The Nifty moved up 5.4% and the Sensex, 8% in June. It’s been a good Jun, and comes after a huge fall in May. Obviously, this is not a "Sell in May ...

June PMI Strong at 55+

The HSBC Markit Purchasing Managers Index (PMI) has shown continued expansion in June, with the manufacturing PMI at 55, and the composite index (consisting of ...

CPI for May 2012 at 10.4%, Highest Since Sep-2011

Inflation based on the Consumer Price Index was a whopping 10.36%, announced yesterday, for May 2012. This is way higher than the Wholesale Price Inflation of ...

India to Pay Upto 53% More To Farmers For Crops

The Cabinet Committee on Economic Affairs has increased Minimum Support Prices for Kharif crops of 2012-13 by upto 53%. Jowar goes up by 52-53% while the ...

Huge Revision in March Inflation, May 2012 at 7.55%

May 2012 WPI Inflation came in at 7.55%. The shocker was that March 2012 inflation, which initially showed a downward dip, has been revised by 0.80% upwards , ...

Sensex Rolling 5Y Returns at 2.21%

The rolling returns for the Sensex (suitably annualized) are in the graph below: Read this as: At "May 12" the 10 year return indicates the return I ...

Chart: Petrol Prices Up by Rs. 7.5

Petrol prices went up by Rs. 7.5 per liter yesterday, making life miserable for nearly all Indians. Turns out Goa is the cheapest petrol in the country, ...