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561 ArticlesCommentary

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Taxes: Still Not Reflecting An Upturn

Indian Tax Revenues, as I’ve said earlier (Where are the taxes?), are not quite reflective of the buoyant mode of the market. October 2009 data is now ...

Dubai Again, A WTF Remittance Scare

Bloomberg: India Studying Impact of Dubai’s Debt Delay Plan: India, the world’s top recipient of migrant remittances, is examining the effect Dubai’s ...

Dubai World Seeks To Delay Debt Payment, The World Shivers

Picture this: Dubai World, an entity owned by the Dubai government, has borrowed about $60 billion. It’s not in great shape, so it asks its lenders for a ...

Where are the taxes?

John Mauldin asks: If this is recovery, where are the taxes? I can find no single source of recent sales tax information. It is all one-off, but it is ...

Off Topic: Global Warming Emails Reveal Potential Fraud

The Global Warming debate has just gotten more intense. Recently, a major GW advocacy center, the University of East Anglia’s Climate Research Unit was ...

Linkfest: Outrage, China, Mutual funds off Trading Terminals

Links for reading: Main Street tells Wall Street, “Get A Real Job” (Bloomberg) In the 14 years I’ve written columns for Bloomberg News, I’ve ...

RBI Buys 200 Tons Of Gold From The IMF

The Reserve Bank of India has bought 200 tons of gold from the IMF. The deal was done around $1045 per ounce, which means they’ll pay a little less than ...

Einhorn VIC speech: Banks Even More “Too Big To Fail”

David Einhorn’s speech at the Value Investing Congress. Great read, even in the tired but roaring bull market: Einhorn Vic 2009 ...

Mortgage Prepayment Penalty To Be Removed?

ET: RBI may shelve prepayment penalties on home loans The Reserve Bank of India (RBI) plans to direct banks to stop levying penalty on pre-payment of retail ...

Can't Outsource Due Diligence on Homes to the Financing Bank

A new ICICI Home Finance advertisement on TV (no link) shows a young man telling his dad about his decision to buy a house. The father wisely tells the son ...