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Month: December 2012

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Don't Buy What You Don't Understand

Okay, I’m up to here with relationship managers and financial advisors and the like. In the process of assessing a new business opportunity in providing ...

New Business for Insurers Continues Decline in 2012

Insurers seem to be getting lesser new business, as new premiums (single premium policies + new regular premium policies) drop 4.2% in the first half of the ...

WPI Inflation for Nov 2012 Falls to 7.24%

Inflation based on the Wholesale Price Index (WPI) fell to a low 7.24% in November. However, remember that these are preliminary figures and subject to ...

Mutual Fund Mis-Selling is now Fraud: SEBI

SEBI has made misselling a fraudulent practice by adding a clause into the "Prevention of Fraudulent and Unfair Trade Practices" Regulations, via a ...

CPI for Nov 2012 at 9.90%

Consumer prices went up 9.90% according to the "new" CPI (a measure being recorded from Jan 2011, which is what qualifies for "new" in this ...

Oct 2012 IIP Jumps to +8.21%

In a massive jump, the Index of Industrial Production (IIP) jumped to +8.21% in October 2012. While Mining indexes slowed, the jump was because of the heavily ...

FinMin Pressures RBI to Prolong Housing Bubble?

In response to buyers not being able to afford property and thus not allowing builders to buy more Bentleys*, the Finance Ministry has asked RBI to consider ...

November Does 4.5%, Closes At 52 Week High

November 2012 saw a good run on the indexes, with both the Nifty and Sensex going up more than 4.5%. This is way better than November last year, which was a ...