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Month: November 2011

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Q2 GDP Growth at 6.9%

The September Quarter GDP numbers are out and we have a headline number of 6.9%. Note that this is released by MOSPI which is notorious for revising data ...

Chart Of The Day: NEFT Volumes By Bank

Today’s Chart includes the volumes in NEFT (National Electronic Fund Transfer) – Credits and Debits. Turns out that the highest outward debitter isn’t ...

Smartlink To Make Tablets for Rs. 5000-7500

From mydigitalfc: Buoyed by the success of tablet personal computers (PCs) in the Indian market, BSE-listed Smartlink Network Systems plans to launch a tablet ...

Market Snapshot: Nifty Down 4% in the Week

The Nifty made a two year low recently as it hit 4706, and closed the week at 4710. The Nifty has lost over 11% in November till date. (click for a larger ...

RBI lets Iran Take Rupees For Oil

From The Hindu: In an effort to resolve a long-standing payment crisis, the Reserve Bank of India has given permission to the Central Bank of Iran to open ...

FDI in Retail Approved, More Bark Than Bite

The cabinet has approved Foreign Direct Investment (FDI) in Retail. 51% in multi-brand retail (think Walmart, Tesco) 100% in single-brand retail (like a Nike) ...

Chart Of The Day: FII and DII Purchases

How have institutions been doing in this fall? The answer comes in a chart of the day – the Nifty with the cumulative purchases of FIIs and DIIs in 2011. ...

IRDA’s Final Insurance Aggregator Guidelines

IRDA has released guidelines for “web aggregators”. (I’ve written about this earlier) These are final guidelines and will be applicable from February ...

Fishing For A Bailout

From my piece at Yahoo! Much has been made of the fall from grace of Kingfisher Airlines. The King of Good Times — the Kingfisher brand byline — is a ...

Real Estate Prices Can’t Fall, And More

Subra debunks the myth that real estate prices can’t fall. I agree with him. Real estate prices have fallen big time in the past, and will continue to when ...