After the recent deregulation of NRE rates – deposit rates for Non Resident Accounts – Karnataka Bank offers 9.75% for the “repatriable” (can take it ...
Market Capitalization to GDP isn’t really a comparable figure, since one is a measure of wealth and the other dynamic measure of transactions in a year. Yet, ...
The recently introduced (not yet passed) food security bill has demonstrated that the government has officially lost the plot. The bill proposes a cost of less ...
RBI has deregulated the interest rate on NRI deposits of one year or more. There are some ridiculous definitions for NRIs – they have to deal with “NRE”, ...
Nine Lakh Cr. stuck in risky sectors, says Firstpost. Even a 10% loss on that will hugely hurt bank capital, but the figure is exaggerated. “There is an ...
The Reserve Bank of India (RBI) today changed nothing, which nowadays is a big event in the markets. In the mid-quarter policy review, RBI has said a lot of ...
This is a repost of my article at Yahoo in December, 2011. The Rupee has breached new lows while the dollar continues to strengthen to Rs 54 and more. Indeed, ...
PV Subramanyam of subramoney.com had this to say, on Facebook: Myth: When the currency gets weak, exporters make tons of profit. Reality: Clients just call up ...