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707 ArticlesEconomy

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Inflation Still High – 16.08% on food, 18% Fuel

India’s inflation – just primary articles – is at 16.08%. A major concern now is how this data is being corrected. Usually after two weeks a preliminary ...

Inflation at 16%, Falling Bond Yields

The wholesale price index is on fire yet again. The latest data – for May 1 – shows primary articles at 16.76% inflation, with the index widening 2.5% from ...

This Week: Banks, Credit Growth and Yield Curves

A volatile week on Dalal Street has ended. With the Nifty closing at 5305, the week saw us go all the way down to the 5160 levels and recover from there; FIIs, ...

RBI Raises Rates and CRR by 0.25%

The Reserve Bank of India today raised the Repo rate to 5.25% and Reverse Repo rate to 3.75%, and increased the Cash Reserve Ratio to 6%. These are all 25 ...

Credit Growth hits 16%

RBI’s latest data shows Credit Growth at 16.14%.    (Click for larger images) Is this because of the lower base effect in 2009? Not really, since ...

RBI Raises Rates by 0.25%

As widely expected, the Reserve Bank of India has raised rates by 0.25% – of both the Repo and Reverse Repo, to 5% and 3.5% respectively. Note however that ...

Bank Credit now at 15.79%

RBI provides the latest credit release. Scheduled bank credit is now at Rs. 30.89 lakh cr. (trillion) which is a gain of 38,000 cr. over two weeks back. This ...

Credit Growth at 15%

Bank Credit Growth has moved up steeply from the lows of sub-10% about six months ago, to over 15% as announced two weeks back.   (Click for a larger ...

Ending the Teaser Game, Hiking Rates

ICICI and HDFC hike auto loan rates, end teaser loans for housing loans: country’s two leading private lenders ICICI Bank and HDFC Bank on Thursday raised ...

Direct Tax Code: Book Profits and Buy Back?

With the Budget revealing that the Direct Tax Code will be implemented from April 2011, a few choices have to be made now. The DTC brings in capital gains tax ...