The government continues to buy food and stuff its buffers but things seem to have come under some layer of control now. The Food Corporation of India (FC() ...
Raghuram Rajan will be furious. One more insane monetary policy and he’ll have to bear the consequences. Mario Draghi at the ECB today announced an ...
Tomorrow at 11 AM the RBI will unveil it’s bi-monthly credit policy. My expectation is: No repo or reverse repo rate changes. There’s no point bringing ...
Reader Shyam requested a post on the CPI index in the style of the WPI posts. Here’s a quick post of such a graph: If you see the index last year it went up ...
India’s Index of Industrial Production (IIP) for March 2014 comes in at a dismal -0.5% which has been a sorry trend of the last three years. And sector wise, ...
Headline Index of Industrial Production fell by 1.9% in Feb 2014, the biggest percentage drop since May 2013. At the component level, the culprit was ...
There’s a bit of problem with the new Companies Act, it seems. (Thanks to @_kirand for the heads up) In the new Companies Act, which gets active from April ...
The government has repurchased bonds worth 10,590 cr. and all of the accepted ones are the 6.07% that is maturing in May 2014. I had mentioned the repayment ...
The RBI is actively trying to reduce the debt redemptions in the next two years. Now it has moved about 4,400 cr. to a much longer term maturity (30 years ...
The Government will buy back bonds worth 15,000 cr. next Tuesday (March 18). I have maintained for a while now that the repayment balloon in government bonds ...