Inflation as measured by the WPI (Wholesale Price Index) is trending at 9% levels and is expected to trend higher on the back of fuel price hikes by the government. The government,Read More
The economic slowdown that everyone is talking about is for real and there is very little the government or the RBI can do to bring about a quick turnaround. Everyday media news isRead More
Government finances are again in a mess. The government is issuing cash management bills to tide over a temporary cash crunch. Cash management bills are issued when the government Read More
No, I do not like economic slowdowns, but it is necessary to separate the good from the bad. This is more so in financial markets, where the bad thrives in droves when markets are Read More
It is a difficult question to answer. Data is mixed, outlook is uncertain and issues have not vanished. Markets gained last week, as Greek debt issues were resolved temporarily. GrRead More
Good times for you! The domestic economy is going through a rough patch and global cues are not encouraging either. Equity indices are down 7% from highs seen in April 2011 while bRead More
Domestic indices face headwinds going forward. The broad equity market indices, the Nifty and the Sensex, closed positive  month on month largely on the back of short covering by FRead More
The banking sector is definitely in for a rough time. The sector is facing multiple headwinds in the form of high cost of liquidity, rising bond yields and faltering credit growth.Read More
Portfolio should reflect your views What is your portfolio reflecting right now?.  Is it poised to perform if equity markets rise or is it protected against an equity market fall?.Read More
Do not be a sitting duck when interest rates fall It is easy to figure out what your fixed income portfolio looks like. Table1. Instrument Weight in portfolio % Yield % Bank depsoiRead More
Credit growth shown by banks is largely due to oil marketing companies (OMCs) borrowing and if this borrowing comes down credit growth can even become negative. OMCs have been borrRead More
The mutual fund industry interacted with the regulator SEBI in a summit this week. The mutual fund industry consists of the Asset Management Companies along with distributors, regiRead More
The uncertainty on fuel price hikes over, bond yields will continue its downward trend. Bond yields have come off over the last couple of weeks with the yield on the benchmark ten Read More
Oil prices have been hiked and there is as usual political and public outcry. Government hiked fuel prices on the 24th of July 2011 to pass on some of the rise is global crude oil Read More
“Timing and liquidity” is my investment philosophy. Once you get the timing right on an asset class you can be fully invested in the most liquid instrument on that asset class. TimRead More