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561 ArticlesCommentary

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Jim Chanos on China

Chanos is a short-seller, and was known to have shorted Enron before it’s collapse. While shorters are usually blamed for everything, Chanos has been right ...

RBI Mandates Single Base Rate for Banks

RBI has decided to curb the current practice of banks using different benchmark rates for different customers. From April 1, 2010 all banks will have to use a ...

WTF: 34 million “Poorer” Indians due to the Recession

A tweet from @inquestioner went “Scary,34 million joined the ranks of the poor in India because of the recession that everyone was in denial of.UNDESA ...

Linkfest on Greece

Greece is on the verge of default or a bailout or a bit of both, it seems. The idea of any of these events happening has spooked world markets; now any rumour ...

Play School Fees are Tax Deductible

Good news for parents of toddlers: The Latest Income Tax Circular, clarifies that Playschool fees qualify for tax deduction under section 80C, under the ...

WSJ: The Myth Of Indian Realty

Harsh Joshi at The Wall Street Journal: Low interest rates, a rapidly recovering economy, and India’s never-ending demand for housing: it all adds up to ...

Dubai’s “First Foreclosure”

We bring you the 65,000’th post in the blogosphere informing you of impending doom because, hold your breath, someone managed to foreclose a mortgage in ...

Income Tax Phishing Scam: Don’t Give Details

The Income Tax Department has warned that any mails requesting credit card details are fraudulent. Information has been received from several quarters that ...

Dubai Bailed Out

Dubai: Bailed out by Abu Dhabi Abu Dhabi stepped in to help fellow United Arab Emirates member Dubai with a $10 billion injection, of which $4.1 billion was ...

Readings: Goldman/AIG, Obama’s Sellout, Dubai and China

WSJ: Goldman Fuelled AIG Gambles Goldman Sachs Group Inc. played a bigger role than has been publicly disclosed in fueling the mortgage bets that nearly felled ...