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Month: September 2010

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Auto-Debit on Credit Cards: Don’t Do It

Subramoney talks about how his credit-card payment went for a toss, with ICICI Netbanking failing when he most needed it, and he had to pay a fine. A ...

Munger’s Chutzpah, Overheating India, PMI

Mish is pissed at Charlie Munger’s Gall, Chutzpa and Unmitigated Effrontery when Munger thanked God Bailouts were given rather than handouts. I agree with ...

Americans Are Not Deleveraging (Yet)

A guest post at Naked Capitalism talks about how American consumers are actually spending, not deleveraging. 6 million homeowners are not paying their ...

Macro Charts: Nifty near 6,000

The Nifty reached a relative high today, closing just off the 6,000 mark. What I don’t like is the volume – typically we should see rapidly increasing ...

Defending SEBI on Private Treaty Revelations

Sukumar Ranganathan at the Mint writes – Should private treaties remain private? By itself, a private treaty isn’t illegal or unethical. It is simply a ...

Two sites: Subramoney and JagoInvestor

Gotta mention this – was reading http://www.subramoney.com again today, and this guy is good. As much as he focusses on the negative side – which I like, ...

New WPI Shows Much Higher Inflation: 16.22%

As the Wholesale Price Index changes series to the 2004-05 base year, the changes in Primary Articles Inflation are huge. Primary articles inflation in the new ...

RBI raises Repo to 6%, Rev Repo to 5%

RBI raised interest rates today and both Repo and Reverse Repo went up to 6% and 5% respectively (increase of 0.25% and 0.5%). In their statement: Inflation ...

At Yahoo: Mutual Fund Distribution

I write at Yahoo on Mutual Fund Distribution – The End or an Empty Threat: Mutual Funds have seen tremendous outflows in the last few months, with another ...

Monthly Inflation for Aug 2010 at 8.5%

With the new WPI Base series (2004-05) coming into play today, the monthly Wholesale Price Index for August shows an inflation of just 8.5%. The index has a ...