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707 ArticlesEconomy

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Tracking CP 15 Nov 2018: Nearly 10,000 cr. Issued Today

We have been posting on twitter on how the Commercial Paper Market is evolving. We’ll do a regular post for a while, until the crisis dies out. ...
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The Emerging Market Currency Rout Deepens. What Happens to the Rupee? (And Steel)

The rupee has just gone again to that evil level of 69. It seems to be almost itching to break out. Which, in comparison with the damage on other BRICS ...
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RBI Hikes Rates, But The Market Yields Had Already Moved Up

The RBI increased rates today. For the first time since Jan 2014 we have seen rates go up. The repo rate (at which banks borrow) has gone up to 6.25%. The ...
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The Govt Will Borrow Lesser from Bonds Because We Still Love To Do PPF

It is now better for the government to borrow from your Provident Fund (PF) than to use bond markets. The government has, in an announcement, said that it will ...
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Budget 2018: Some Interest in Disinvestment But Net-Zero Real Impact

When India attained Independence, there were very few industries to speak about that could provide the growth and employment that India required. The ...
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Long Term Capital Gains Tax is Back in Budget 2018

We now have Long Term Capital Gains taxes on Stocks. This is perhaps something the market was expecting, and it's come. As expected, gains till now are not ...
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Budget 2018: The Rural Side of the Budget, and It's Huge

This budget has been focused on developing the rural landscape. Increased allocation for rural spending is seen, with  more stress on the  agrarian families ...
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Everything’s Going Up. Including Bond Yields, Which Might Be A Problem

Sometimes there’s a bull market. And a crazy bull market that takes everything up, and we sometimes ignore that there are other, liquid markets out ...
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Charts: Inflation's Back. Sort Of. 4.88% In November.

CPI Inflation for the month of November 2017 came in at 4.88%, the highest in 15 months. As you can see there was a bit of a flatline last year and while the ...
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RBI Frees Short Sales of Bonds, Lets Retail Buyers Into Weekly Bond Auctions

The RBI announced a very boring credit policy with no changes to CRR or Interest rates. But one thing it did say was that: 13. Review of Short Selling ...
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