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707 ArticlesEconomy

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EURO-INR, JPY-INR, Pound-INR contracts in India

SEBI has allowed trading of additional currency contracts apart from the currently traded USD-INR contracts. We’ll soon be able to trade the Euro, the ...

Banks Reducing MF Investments

Sangita Mehta at The Economic Times: (HT and Thanks: Ninad Kunder) Data released by RBI shows that banks’ investments in mutual funds have fallen by Rs ...

Credit Growth Goes To 11.3%

RBI’s latest credit figures – the last for 2009 – show that credit growth might have bottomed out for the cycle. After a low of 9.6% in November, the ...

Bank Credit Growth Ticks Up at 10.5%

RBI’s latest credit figures show another uptick in credit growth, taking growth to 10.5% year-on-year. Here are the monthly credit growth statistics ...

Bank Credit Growth in Single Digits

RBI’s friday press release on the Scheduled Bank Business in India as of Oct 23 shows a slight problem with Credit Growth, which is now at 9.69%, the ...

Bank Credit Growth lowest since March 2004

RBI releases the total bank credit every fortnight. The latest total bank credit value (Food + non-food credit) adds up to 27.77 lakh crore. But you gotta look ...

Reverse Repo at a high

A look at the reverse repo growth over the last few months is interesting: The reverse repo level crossed 100K cr. every day in April – a typical spike ...

Inflation dips below 0. at -1.61% now.

India’s Wholesale Price Index has fallen compared to last year, giving us the first negative figure in 30 years, with a -1.61% printed. Of course this ...

Inflation Graph: Keeping above zero, but how long?

Inflation’s holding (or “being held”) just above the zero line, over the last few weeks. So much for my prediction of negative rates! ...

NPS (New Pension Scheme) has "hidden" charges

Sanjay Bhargava points me to this livemint article: India’s New Pension System (NPS) promises the lowest fund management charges. But a closer look at the ...