While I like to believe India is a great consumption economy, look at the way private consumption has gone in the last thirty years: From IMF paper. From ...
The Finance Ministry has announced its budget-promised amendment to the listing rules for all public companies. The salient features of the amendment are as ...
David Segal over at the NYT has Questions for Moody’s and Buffett.The “Invest in what you know” advice that Buffett spews is at risk; in a hearing of the ...
AIG rejects Prudential’s lowered offer of $30 billion for the Asia insurance unit, from $35 billion. They were supposed to use the money to pay back the US ...
Manish Chauhan of Jago Investor has brought to my notice a troubling fact: A Dainik Bhaskar Group newspaper, Business Bhaskar, has copied a detailed article ...
Ólafur Grímsson, Iceland’s president, said that a significant eruption is likely soon at Katla. Katla is a HUGE volcano next to the recently erupted ...
RBI announces a temporary cut in SLR (Statutory Liquidity Ratio, or what percentage of deposits go into govt. bonds) of 0.5% to even out huge demands in the ...
Spain’s gone and rescued a bank yesterday. THE BANK of Spain stepped in at the weekend to rescue CajaSur, a Cordoba-based savings bank owned and controlled ...
