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Month: July 2010

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Direct Tax Code Will Keep Equity Gains Tax-Free till April 1, 2011

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 ...

BDI drops 34 days in succession

Alert reader MK points out the the Baltic Dry Index isn’t looking very good. The economist finds the reasons: Add in the fact that China’s imports of iron ...

IIP Numbers: Slowdown or “We Don’t Know Yet”?

(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 ...

Poker and Trading

Amit Varma’s required-reading post on The Beautiful Game of Poker has parallels in the stock market as well. A game involving both skill and luck, poker has ...

HDFC Results: Encouraging?

While I’m not a great fan of HDFC, the mortgage originator has shown some promise. The latest results, on the face of it, show a 23% rise in EPS over Q1 ...

Monthly WPI Inflation at 10.55%, April revised to 11.23%

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 ...

Bank Credit Growth Scales to 21.5%

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 ...

Reader Q: What’s with Suzlon Rights Issue?

I am one of those unlucky investors in Suzlon Energy who is stuck in it. Suzlon energy has come out with a rights issue which is priced @ Rs 63. At that time ...

On Yahoo: The Art of Picking Stocks

The Art of Picking Stocks is another fictional conversation about how to select stocks. Suresh Natarajan decided he was out of his depth. Either this stock ...

IRDA: Limit ULIP Surrender Charges to Rs. 6,000

IRDA, the regulator I have torn into over ULIPs, has started to get investor friendly. And how! The latest piece is a notification for early surrender. If you ...