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PA Inflation Contracts to 5.48%

For the week ended 3 December 2011, Primary Articles Inflation contracted to 5.48%. This is largely food and a good crop has made prices come down. I believe ...

Dollar At An All Time High of 53.58

The RBI rates for the dollar are nearing the 54 mark, with a record 53.577 touch today. It supposedly traded at 53.80 also in the spot market, and is at 53.81 ...

November 2011 Inflation at 9.11%, September revised up to 10%

In a shocking development – not really – Monthly inflation for the month of November has come in at 9.11%. As for the components, notice that slowly the ...

Chart: Paying Farmers More To Sow Less

In the Mid-Year Analysis, the FinMin has revealed that we have distanced ourselves from reality more than ever. Despite a great monsoon, we might end up seeing ...

Chart Of The Day: October IIP Down 5%

In a strange twist, the Index of Industrial Production – data I don’t usually take seriously – shows a massive 5.1% drop from October last year. Much of ...

Nifty Adjusted For Inflation Returns Just 2.6%

I had earlier provided a chart of the Nifty since 2000, adjusted for inflation, including dividends and without. A cleaner way to look at the index is to ...

PA Inflation Drops to 6.92%

For the week ended 26 Nov 2011, Primary Articles Inflation has dropped to 6.92%, the lowest since July 2009. As you can see it’s not just the rising ...

Chart Of The Day: New Policy Premiums Down 21%

New insurance premium is waning, says Sunaina Vasudev at BS. Overall, nwe premiums have fallen 21% with Reliance, Bajaj and ICICI seeing their new premiums cut ...

Nifty Continues to Lag Peers in 2011

International comparisons are looking like India’s got a pretty tough year behind it. And within Asia and Bric: The one index that is close to the Nifty is ...

Market Snapshot: Week Up 7%, Above 50 DMA

What a week. Wiped out much of the losses in November in the last two days in a rise that was almost vertical. (Click for larger picture) The Nifty is now just ...