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707 ArticlesEconomy

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Budget 2015: Watch How Subsidies Have Eaten Up Our Government Spending

We welcome the Budget 2015 series with a post on Subsidies. The government pays for many things for us: Food: The government buys food and lets it rot in large ...

IIP for Dec at an Abysmal +1.7% Gives Us Four Years of Nothingness

India’s Index of Industrial Production (IIP) for December 2014 came in at +1.7%, which continues the abysmal numbers in the recent past. At 182, the IIP ...

AAP and Congress Accused of Accepting "Dirty" Money, as Government Steps Up Action Against Laundering

After the destruction of the BJP in the Delhi elections, here’s an interesting move by the government: Income Tax Department, Ministry of Finance, ...

Bonus Stripping and the Impact of Arb Fund Unwinding on the Market

You gotta hand it to Manoj Nagpal (@nagpalmanoj). (He’s a great guy with excellent insights on mutual funds!) In a conversation on the impact of ...

Tax Arbitrage Using Arb-Funds To Be Removed?

Value research says it’s likely that in the budget, Arbitrage funds will be considered debt funds for the sake of tax. After the last budget (July 2014) ...

Five Things We'll See In Budget 2015

I write at Outlook – Five Things We’ll See In Budget 2015: There are a lot of expectations from the NDA’s first full budget. Here’s ...

The Disruption of Bankers: Technology makes them mis-sell, But their jobs are in trouble

Bank employment is getting disrupted by technology. As transactions get primarily enabled on cards and mobile (at least in cities) you find that that bank ...

Now, International Woes at an Austrian Bank, But Not To Worry, Draghi Will Be Here

Sorry for all those news coming from international sources. There’s one more. This time it’s an Austrian Bank, called Raiffeisen. These is how the ...

Forex Reserves at the Highest Ever, but RBI Controls Balance Sheet to Restrict Inflation

The RBI’s back to buying dollars by the truckload. Forex reserves have been going up substantially. The RBI has over $322 bn of cash reserves, and then ...

The Aftermath of the SNB Cluster Bomb on the Swiss Franc – One More Turkey Trade Meets Its Calling

The massive move in the Swiss Franc versus the Euro has claimed its early victims. On Thursday, the Swiss National Bank (SNB) suddenly removed its four-year ...