Indian GDP grows at 8.8% in Q1 FY 2010-11
Sep 2nd
India’s first quarter GDP grew by 8.8% q-o-q compared to the previous quarter’s 8.6%. The growth was nearly a three year high and was almost in line with the market expectations.
The impressive figures were due to robust growth in the manufacturing and farm output which recorded decent growth-rates
According to the deputy chairman of the Planning [...]
Exchange Traded Funds – Explained
Aug 30th
Riding the indices- Exchange Traded Funds, bigger than super and mutuals?
Exchange Traded Funds (ETFs) are becoming a real threat to the big super and mutual funds. They’re easy to manage yourself, useful for SMSF operators, and their returns are pretty good, given the state of the global markets and the soggy, slow moving cash and [...]
India Expansion of Ports Critical for Continued Economic Growth
Aug 29th
Bloomberg recently reported on the Indian government’s aims to triple its port capacity in the next ten years. While India’s economy is strong–being the third largest in all of Asia–the country has reached a critical point where it must expand its infrastructure to keep up with its economic output.
In a recent interview, Indian Secretary of [...]
Purchasing Power Parities (PPP) explained
Aug 20th
In our endeavour to enrich the knowledge of our readers we regularly come up with articles giving simple explanantion of economic and financial terms. Next in this series is the Purchasing Power Parity (PPP). Please write to us if you have further queries or you would like us to post explanation of any such term.
What is [...]
Integration of Indian stock exchanges: Some startling revelations
Aug 19th
The huge daily turnovers of the two national exchanges hide some shocking facts, as the finance ministry’s startling revelations in Parliament reveal.
Narrow, shallow, illiquid and concentrated in the hands of a few individuals located in a few centres — that describes the state of the Indian Capital Market, nearly 20 years after India embarked on [...]
IFRS for exploration of mineral resources and Oil & Gas industry
Aug 18th
What does it mean by Exploration for and evaluation of mineral resources, Oil and Gas?
It is basically search for mineral resources, including minerals, oil, natural gas and similar non-regenerative resources after the entity has obtained legal rights to explore in a specific area, as well as the determination of the technical feasibility and commercial viability [...]
July Inflation just under double digits @9.97%
Aug 16th
The WPI for the month of July’10 stood at 9.97% compared to the previous month’s figure of 10.55%. It registered a growth of -0.54% in July’09 on a y-o-y basis . The inflation figures this month is the lowest in the past six months. They just managed to miss the double-digit by few marks. The [...]
Industrial Production rises 7.1% in June’2010
Aug 13th
The IIP expanded at 7.1%, the slowest pace in 13 months compared to the previous month’s growth of 11.35% (revised). The production index registered a growth of 8.3% on a y-o-y basis
The IIP was almost in line with the expectations. The market was neutral to the data release and the benchmark equity indices closed flat [...]
Valuation of Business: Financial Analysis
Aug 11th
“Valuation of Business” (valuation of companies) is a series of articles launched by MoneyBol to apprise our readers about different aspects of valuation of business.
The first article in Business Valuation series was Analysis of Environment and Industry
Now in the second article we are presenting different aspects of Financial Analysis of the company to arrive at the intrinsic value of the company.
Financial analysis
Financial statements of [...]
First quarterly review of monetary policy 2010-11
Jul 27th
Highlights of the policy
RBI Governor, Dr D V Subbarao announced the first quarterly review of monetary policy today. The measures taken were quite on the expected lines (Read our article on monetary policy expectations).
Benchmark Repo rates hiked by 25 bps to 5.75% with immediate effect.
Benchmark Reverse Repo rates hiked by 50 bps to 4.50% with [...]