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Month: August 2010

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IIP, Seasonally Adjusted, is a Positive

The Index of Industrial Production which I mentioned in my earlier post as a negative (only 7.13%) is strangely, a positive move when it is seasonally ...

More MLM: Insurers, Fraud MLMs and Videos

I’ve been getting a dramatic number of emails regarding the Multi-Level Marketing article. Some comments: From @monikahalan – a Mint write up about how ...

On Yahoo: Multi-Level Marketing

My latest at Yahoo: The Problem with Multi-Level Marketing (Reproduced) A few years ago, a member of my college’s alumni association called and wanted to ...

ICICI Launches Online Term Insurance

ICICI Launches an online iProtect plan – for a 35 year old, the premium is just 24,000 for a 30 year, 1 crore term insurance. This is bought entirely online ...

Nifty Earnings Per Share Growth at 6.76%

Nifty’s EPS growth has just not happened, again stagnating at 238, a growth of 6.76% over last year. The current P/E ratio is 22.76. This is after most of ...

June Monthly WPI at 262.5, Inflation at 9.97%

From the monthly inflation release desk, the WPI goes down to 9.97% from last month’s headline number of 10.55%. What’s scary? Like last month, the May ...

June 2010 IIP at 7.13%

MOSPI released the Index of Industrial Production (Quick Estimate) for June 2010. The headline general number came in at 7.13% increase over last year. This is ...

Rupee Symbol Test

This is just to check the rupee symbol out. You won’t be able to see it on your RSS reader, or in IE 6, so ignore this post. Rupees 400 = ₨ 400. ...

Links – Private Banks, MMYT Lists, China’s Empty Apartments

A new discussion paper by RBI on the entry of New Banks in the private sector. MakeMyTrip goes up 90% in their US listing. Pile onto the India Bandwagon, ...

US 30 Year Mortgage Rates at 4.4%

So says Yahoo. Mortgage buyer Freddie Mac says the average rate for 30-year fixed loans this week was 4.44 percent, down from 4.49 percent last week. ...