How do budgets work with markets? Let’s see the market moves and expectations in context of both the budget day move in the market index (Nifty) and the day ...
The call to remove Securities Transaction Tax (STT) is often from traders and brokers, looking to decrease their transaction cost. However such an action has a ...
It’s finally here. RBI has announced guidelines for new private sector banks. Phew. The first paragraph says why I’m thankful: Over the last two decades, ...
The Index of Industrial Production (IIP) in December 2012 has fallen 0.55% from Dec 2011. This supposedly indicates lower growth but I find the index so ...
RBI has, in its draft guidelines, made it more difficult for banks to restructure loans. (See: What is loan restructuring?) Suggested in the guidelines are: ...
Continuing the paused rate cut cycle, RBI cut the repo rate (at which banks borrow overnight from the RBI) by 0.25% to 7.75%. In addition, it brought the Cash ...
The government has changed the structure of the oil subsidy. To reduce the diesel subsidy (the biggest of the lot) oil companies are being allowed to raise ...
Recently the government has been thinking of “freeing” fuel prices. The idea is to stop the subsidy to diesel and LPG, where currently, the losses because ...
MOSPI has released IIP figures today. The Index of Industrial Production fell by 0.12%, year on year, in November 2012. Note the large drop from the October ...
Inflation based on the Wholesale Price Index (WPI) fell to a low 7.24% in November. However, remember that these are preliminary figures and subject to ...
