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Decoding the RBI Credit Policy (Jun 2014 Edition)

The RBI Credit Policy for June 2014 makes no changes to interest rates. The Repo rate is at 8% and limited to 0.25% of the total banking liabilities – ...

The Sensex Must Double in Three Years For Long Term SIP Returns of 10%

If you did an SIP for every single month – the same amount – for a long time,then how have your returns been? Look at five and ten year returns: ...

The Reform of FDI in Defence is a Good Thing

The DIPP (Dept. of Industrial Policy and Promotion) has requested the cabinet to allow 100% FDI in the defense sector, up from the current 26%, says Economic ...

MCX Audit by PWC Shows Lots of Related Party Issues, Sham Trades

The Price Waterhouse Cooper report on MCX insider transactions is pretty damning. It’s at the end of this post, but here’s a quick summary: FTIL, which ...

Info: Ministers and Portfolios

The Ministers are here. We have a cabinet and ministers of state now, and the portfolios are given in the PM India web site: Portfolios of the Union Council of ...

The Ignominy of Regret and How it Forces You to be Irrational

Regret is a very difficult emotion. You find yourself in a position where you hate something you did that put you in that position. And even when you know you ...

Yet Another Open Letter to Narendra Modi

Dear Mr. Narendrabhai Modi, You will be pleasantly surprised to note that this is not yet another letter that tells you how to do your job. Not because I ...

Railway Fares Hiked 10% to 60%, on the Very Day Congress Was Voted Out of Power

The last decision of the Congress will leave a sour taste. The Railway ministry has increased fares by 14.2% for all classes of passenger services. Season ...

There’s a New Government, and Markets Kinda Rejoice

It’s 2 PM and the news is that we have a new government. The BJP, with Narendra Modi as it’s PM candidate, will be the ruling party for five years. They ...

And Now, The Best Hedge Funds of 2013

After the best paid hedge fund managers of 2013, we now bring you the best large funds, in terms of performance. Bloomberg has compiled the list:   The ...