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Month: July 2012

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Making Sense of Dividend Announcements

I write at Yahoo: Making Sense of Dividend Announcements: “1860% dividend announced”, goes the headline. You’re excited. But the question ...

Jun 2012: Best Index Returns After Jan

The Nifty moved up 5.4% and the Sensex, 8% in June. It’s been a good Jun, and comes after a huge fall in May. Obviously, this is not a "Sell in May ...

June PMI Strong at 55+

The HSBC Markit Purchasing Managers Index (PMI) has shown continued expansion in June, with the manufacturing PMI at 55, and the composite index (consisting of ...

The Owner of Deccan Chargers Defaults

(This is a story via Dheeraj Singh) Deccan Chronicle Holdings Ltd. (DCHL), the owner of the Deccan Chargers IPL team (and the newspaper business, the Odyssey ...

LIEBOR: Banks Manipulate the Global Benchmark Rate

The big news of the last few days has been LIEBOR – or how banks like Barclays, Citi, HSBC, JP Morgan and so on – manipulated the London Interbank ...

GDP Data Fudge Vs. BoP: Recent Differences?

On popular demand, I post a graph of the difference between the GDP data and the RBI Balance of Payments (BoP) data. This is referencing my posts on how the Q4 ...

India *HAS* Seen Negative GDP Growth, BoP Confirms Data Fudge

In an earlier post (Has India Plunged Into Recession? GDP Data Fudge Reveals Details) I spoke of how the import-export data was likely to be heavily wrong. The ...