In case you are reading this post first, this is the second article of a four part series. Please go to the first part and then read on. Fr...
Showing posts with label Economy and Policy. Show all posts
Showing posts with label Economy and Policy. Show all posts
Commodities and their weightages in WPI calculation of India, Part I
As on today, India uses a basket of 435 commodities and a base year of 1993-94 for its Wholesale Price Index (WPI) based inflation rate calc...
How India contributes to global oil price increase?
The price hike on petroleum products in India, barring kerosene, seems to have settled down comfortably into Indian minds. But, like I have ...
Petrol price vis-à-vis diesel and kerosene prices
The price of crude oil has touched $132 a barrel. As 1 barrel is 159 litres , assuming a rupee/dollar exchange rate of 42, cost of crude oil...
Effects of Oil price hike
The government has hiked petrol price by Rs. 5, diesel price by Rs. 3 and gas cylinder (14.2 Kg) price by Rs. 50 on the wake of global crud...
SEBI to introduce Currency Futures
The Market regulator SEBI has announced that it will introduce exchange traded currency futures in the next three months. The currency futur...
Increase in debt waiver for farmers
The government has hiked debt waiver for farmers to Rs. 71,680 Crore (1 Crore = 10 million). As reported by rediff, Under the modified sche...
Sub-prime woes haunting the US
While the US bleeds of sub-prime wounds , most of the mortgages taken through sub-prime borrowing are now facing foreclosure. People who hav...
Base year and number of commodities used for inflation calculation in India
By this year end, the government will adopt a revised Wholesale Price Index (WPI), besides considering actual prices from next month. Instea...
Effects of CRR hike on Inflation seen through money multiplying effect
The Reserve Bank of India, on 29th April 2008, increased the Cash Reserve Ratio (CRR) by 25 basis points (0.25%) to 8.25% as a policy measur...
How is WPI inflation rate calculated in India?
With inflation rate surging to new heights, the term is more in the news than ever in India. While leaving aside the debate on whether India...
Is India growing; really?
Recently I read this article by Pankaj Mishra in The New York Times. Though written way back in 2006, with its inferences, the article leav...
Top 10 companies of India
Rediff.com has compiled a list of the top 10 companies of India , based on FY 2007 sales revenues. Not surprisingly, the list is dominated b...
New Tax Slabs
In the union budget for financial year 2008-09, the Finance Minister has announced the new tax slabs. General Till 1,50,000 – 0% 1,50,000 ...
Latest Economic Indicators of India
Where some of the key Economic Indicators of India stand: Inflation: 3.65% as on 8th December 2007 GDP growth rate: 8.9% for Q2 2007-08 (10....
11th Five Year Plan
The eleventh five year plan of India, for the period 2007 ~ 2012, has been approved for implementation in the National Development Council m...
Income tax may come down in India
Riding on a buoyant economy and making the most out of it with respect to direct taxes, the revenue department may consider reviewing direct...
Inflation Rate might be understated in India
India’s inflation rate based on Wholesale Price Index currently runs at 3.01%; a five year low. But experts say that the real rate of inflat...
Markets come of age?
From its teen ages, the SENSEX had nibbled the 20K mark yesterday and much of today’s opening was above the same though at present it’s trad...
A strengthening Indian Rupee
For the first time in more than 9 years, the Indian Rupee crossed Rs. 40 mark against US Dollar! The Indian Rupee has been on a rally that h...
