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Month: May 2013

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CPI Inflation Falls to 9.39% in April 2013

Consumer Price Inflation Fell to 9.39% in April 2013, says MOSPI released data. The WPI for April 2013 will only be released on Wednesday, but the trend looks ...

Indian Industrial Production Growth Lowest In 20 Years, Second Lowest Ever

India’s Index of Industrial Production (IIP) data for March 2013 shows the slowest annual Industrial growth in 20 years, and the second lowest since 1982 ...

March 2013 IIP at +2.5%, But Lower than March 2011

The Index of Industrial Production (IIP) came in on Friday for March 2013 at 2.5% greater on a Year-on-Year basis. Note that even with this spike (usual for ...

OT: Are Non-Competes Legal in India? Mostly, No.

Employers routinely hand out pre-drafted agreements that contain clauses like: You will not be employed in a firm that competes with for a period of two years ...

Bond Market Volumes at Highest Ever, Yields at 3 year Low

Bond market volumes have gone absolutely nuts. Yesterday, the official figure was 123,000 cr. in the government bond market, the NDS-OM. Note: you and I ...

Real Estate, Not That Great Long Term, says Ajay Shah

Ajay Shah writes that Real Estate is not a great long-term investment: Too many intelligent people in India believe that one can never do wrong by investing in ...

Housing Prices Do Show Signs of a Bubble

In the post-policy press conference, Dr. Subbarao, Big Boss of the RBI, made this innocuous statement: Shishir Shindekar: Sir the housing price index is ...

April 2013 Composite PMI Lowest Since Oct 2011

The HSBC Markit Purchasing Manager’s Index (PMI) was in for April 2013 today at 50.5, the lowest since October 2011. This composite index is an average of ...

The Earth is Shaking for E-Commerce in India

Is there something really bad happening with e-commerce companies? Recent developments indicate that the space is now going through a massive correction, and a ...

Nifty in April Turns 2013 Around with a 4.4% Return

The Nifty was up 4.4% in a reversal month of April, 2013, bringing the Year-To-Date return up to a marginally positive number (0.4%). May has traditionally ...