RBI has just cancelled 60% of the government bond auction today. With four bonds on sale, we had noted again on twitter that underwriting commissions has ...
The government has proposed a policy to make Electronic Transactions more attractive. In the proposal, they say a number of things that sound like music to my ...
The Index of Industrial Production (IIP) for April 2015 has something decent – with a 4.05% increase, which seems to finally be a good number. We have ...
There’s some serious damage in the bond market in the last few days. We posted (in Premium) that Banks are likely to lose 10,000 cr. on just the extra ...
Apparently, the Indirect tax collections (Service Tax, Excise Duty and Customs Duty) are up 37% in May 2015 over May 2014. But is this really something we ...
The current account deficit for the March quarter of 2015 came in at -1,286 million, which is a big relief, even if it’s marginally higher than the ...
So the bond auction did fail. We mentioned this earlier today. It didn’t fail by too much, though; just 890 cr. that devolved. However the yields at ...
RBI has, in it’s policy reduced the repo rate to 7.25% which is the lowest the rate has been in the last four years. Repo is the rate at which banks ...
