For the week ending July 26th,2008 the inflation figure has risen to 12.01% as against the inflation figures of 11.98% last time. It is now the highest figures in the last 13 years. The data which came just yesterday had made the job of RBI even tougher which recently announced monetary measures to contain inflation […]

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The Fed decision on its key interest rates came finally when they decided to keep the rates  steady on when it met on Tuesday. It left the key interest rate steady at 2 % in the second straight meeting. Expressing concern about inflation and economic growth in the country, they had to take such a […]

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Amidst high volatility in the Asian markets, the Indian markets too saw a similar session and finally sensex closed down by 79 points 14,578 levels. Nifty lost 18 points to close at 4,359 levels. Analyst consider this as bear market rally and are suggesting to exit positions at higher levels. The Asian markets had cracked […]

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We saw a dramatic trading session in the Indian markets on Friday. As reported here earlier, markets started the day huge gap down. Infact it opened 316 points down and then started gaining strength. By noon it has recovered from the days lows and then started moving up. Finally sensex closed the day gaining 301 […]

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The Inflation bug is back on the doors with a small rise this time for the week ending July 19,2008. The inflation figures now stands at 11.98% compared to 11.89% last week. This has been mainly due to a marginal price rise in food and manufactured goods in the last few days. Even though the […]

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