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707 ArticlesEconomy

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Lowest Crude Price in 12 Years Means Only One Thing: The Government Will Tax You Some More

This would have been great news. The price of our crude imports is at the lowest in – well, a very long time. In fact, it’s the lowest price of ...

Charts: Don't Believe The Headline 9.8% IIP Number, It Was The Dussehra and Diwali Holiday Effect

India’s Index of Industrial Production (IIP) showed a major Diwali Effect as it rose 9.8% over the previous year for October 2015. But disregard that. ...

The 10 Year Bond Auction Devolves Today as Banks Get Greedy Before The Fed Rate Decision

The devolvements have started again! Last week, we saw the bond auction devolve (just a little bit) as the RBI refused to sell at higher yields even though ...

Karnataka is Hoarding Pulses! Despite Seizing 25,000 tons of Pulses from Hoarders, It's Disposed of Just 1.5% of the Catch

So pulse prices have been going up and I get sticker shock everytime I go to buy dal. But apparently I should curse the state of Karnataka for hoarding pulses. ...

September IIP Disappoints as Manufacturing Tanks; Where is the Make-in-India?

The Index of Industrial Production (IIP) for Sep 2015 hits a snag as it falls to a low 3.6% year on year growth. This is much lower than August. Manufacturing ...

Demystifying the UDAY State SEB Reform Program: A 21,000 cr. Hit to Lenders

Power reforms are here! The press note introduces UDAY, The Ujjwal Discom Assurance Yojana. The problem currently is that State Electricity Boards (called ...

Indians Begin To Maintain Their Relatives Abroad And Study Outside Suddenly in July, More Likely US Tax Avoidance

The US has tightened up its tax collections through the FATCA process. And India’s a signatory. Which means people who have bank accounts in India but ...

Charts: IIP at 6.44% in Aug 2015, But It's All The Base Effect

India’s Index of Industrial Production (IIP) for Aug 2015 came in at 6.44%, the highest in three years! This data is okay but as you can see in the ...

Two Danger Signs For The Yarn Industry Which Will Impact Our Exports Big Time

There’s something dangerous happening in the yarn industry. There are two points of immediate worry for the industry, specifically in Yarn. Yarn Prices ...

Banks Are Not Benefiting From The Rate Cut: They Are Not Borrowing From The RBI

You think banks are benefiting from the RBI rate cut? The RBI rate cut reduces the rate at which RBI lends money to banks. So banks would benefit if they were ...