Archive for September, 2010
Developing Countries are Better – World Bank
World Bank issued a report on September 28, encrypted in a book called ‘ The day after Tomorrow – A handbook on the future of economic policy in the developing world. The report tracks the progress of the developing countries and shows how they are becoming a new engine of More >
Ayodhya Verdict & Markets
On Thursday, the Allahbad High court will deliver its judgement in the 60-year old Ramajanambhoomi- Babri Masjid case and I believe even though the verdict will be out after the market hours, there could be an opportunity for traders to capitalize on the outcome.
The verdict, which no one is aware More >
European Systemic Risk Board for better supervision
The European central bank’s (ECB) President Jean-Claude Trichet, delivered a speech today in which he said that the central bank will continue its open and transparent debate with the main stakeholders concerned with economic and financial policies related to their competences. This speech apart from addressing many national initiatives to More >
How to pay your Car Loan Faster?
Car loans can really get on your budget’s nerves. They’re often quite reasonable until an unexpected expense occurs, or you’ve got some sort of extra situation to deal with. Like most financial matters, it’s easier to manage it in advance, than to have it managing your finances for you later. More >
United Stock Exchange
Indian Financial Markets is witnessing the beginning of a new phase at the launch of a new pan india stock exchange named – United Stock Exchange.
United Stock Exchange (USE) is owned by a consortium of 21 public banks, private banks and corporate houses of India. Â List of partners of United More >
Rates raised at RBI’s first mid-quarter review
RBI released its first mid-quarter review of monetary policy today and it did not surprise on any front. As expected rates have been raised and LAF corridor has been further shrunk to 100 bps.
Highlights of the mid-quarter review released on September 16, 2010
- Repo Rate hiked by 25 bps to 6%, More >
New WPI pleases all, inflation eases to 8.5%
The WPI for the month of August 2010 stood at 8.5% compared to 9.78 in the previous month. The figure moved less compared to the market expectations which hovered around 9.5%. The above figure is based on the new WPI series in which the base year has been changed from More >
Industrial porduction @ 13.8% beats market expectations
 The IIP rose 13.8%, at the fastest pace since April compared to the previous month’s growth of 5.76% (revised). The production index registered a growth of 7.2% on a y-o-y basis. The released figure was much above the market expectations and nearly double the analyst’s forecast of 7.7% and also More >
Interest rate Derivatives: Cap
Few days back we had posted an exhaustive set of articles on one of the interest rate derivatives, Overnight Index Swap (Read here). Continuing with that series, we bring you a brief writeup on one more derivatives, interest rate Cap.
Interest rate Cap
- An interest rate cap is a way of placing More >
Is XBRL implementation justified in India
Firstly one needs to know why XBRL implementation is important in India. Is it only because of statutory requirement or our approach shall be what was the need for such statutory requirement to change the whole of reporting system in India. Â Corporate perception has to change in this regard and More >