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Month: September 2010

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Lewis on Greeks, CC Fraud, Basel III, Airline Seats

The stock market hits a new recent high, crossing 5700 on the Nifty and 19,000 on the Sensex. The last time it was this high it was January 2008 and an ...

Food Inflation 15.4%, Revisions Still Scary!

Primary Articles Inflation – which is mostly food – is now up to 15.4% on August 28, 2010, with the index at an all time high of 314. What’s still scary ...

At Yahoo: The Lack Of Nifty Earnings Growth

My latest at Yahoo on the absence of Nifty EPS Growth: I’ve been complaining about the lack of Nifty Earnings Per Share (EPS) Growth for at least two years ...

Hero Honda in Some Trouble

Hero Honda has been going down recently, and although I’ve sold my personal holding (disclosure: Family still holds) the story looks bleak: This is slightly ...

Readings: Quit India, US Housing, ULIPs

Markets at a 31 month high. (Livemint) Telenor Investors say “Quit India”. Uninor in some trouble? We’ll know on Sep 21, when Telenor has their annual ...

Inflation: Primary Articles at 15.2%

We continue the “Scary Revisions” series of Primary articles inflation (mainly food). Data for 21 Aug 2010 showed the primary articles inflation at 15.19%. ...

Nifty EPS at 237, 6.76% EPS growth, P/E 23

As data points go this is disappointing. The Nifty Price to Earnings ratio (P/E) is at 23, the Nifty Earnings Per Share is 237 which is a 6.76% growth from ...

No Dividend Distribution Tax for Debt Funds?

The Direct Tax Code has no DDT for debt or non-equity funds. Currently, for liquid funds, dividends are taxed at 25% plus the surcharge and cess, which adds up ...

At Yahoo: Too Few Investors

I speak about the lack of active investors over at Yahoo: Too Few Investors. A question was asked in the Rajya Sabha of the Namo Narain Meena, MoS in the ...

Will India’s Share of World GDP Mean Revert?

An interesting presentation on the Asian Financial Sector by Pedro Rodeia, Head of Asian Financial Institutions Group at McKinsey. (Thanks Arvin for the tip!) ...