MOSPI released the Index of Industrial Production (Quick Estimate) for June 2010. The headline general number came in at 7.13% increase over last year. This is ...
RBI releases India’s credit growth stats show Bank Credit at 19.6%, with credit coming down from 33.63 trillion (1 Trillion = 1 Lakh Cr.) to 33.57 lakh cr ...
Paul Krugman explains why deflation is bad: So first of all: when people expect falling prices, they become less willing to spend, and in particular less ...
The Reserve Bank of India in its quarterly credit policy meet raised repo rates to 5.75% and reverse repo rates to 4.5%. Repo is what banks pay to borrow from ...
Thanks very much for all your comments on the earlier post about the Direct Tax Code keeping equity gains tax free till Mar 2011. I’d then asked if ...
NDTV says there’s a good thing in the new Direct Tax Code: (HT: Samarth Modi) Equity investors should remain invested despite the new direct tax code ...
(This is an article I’ve written for a new online site – link later, not something I own) As we get increasingly connected, it’s easy for information ...
Wholesale price inflation – the detailed monthly data – shows that June inflation was 10.55%. The revision in the June figure by 4 points pushed April ...
Today’s Bank Credit data showed a move up to 21.57% from last year, with an increase of 92,000 cr. over two weeks ago. Credit offtake is increasing ...
As on 18th June, Bank credit growth is 19.5% and the highest since Jan 2009. There will be a new data point tomorrow. Strong bank credit growth is good for the ...
