How to calculate your Petrol and Diesel prices? In 80s and early 90s, Petrol and Diesel prices were determined once every year just like budget is presented once a year. Cut to 2012 we had Petrol and Diesel prices were aligned with international crude prices and were altered once in 15 days. The average crudeContinue reading “Calculation of Diesel & Petrol Rates in India”
Category Archives: Arthashastra
Investments for 2017
11th January 2017 – Day I gave 17 stock ideas that would give 17% returns in a period of one year. That was for one year but in just 5 months almost all stocks reached its target and the average returns stand at 35% which is double of what I gave. Am sure you would beContinue reading “Investments for 2017”
India Q4 & Annual GDP 2016-17
GDP – Gross Domestic Product India Q4 and 2016-17 GDP or a Joke? Today evening the GDP figures for the 4th quarter between Jan’17 and March’17 and the Annual GDP for 2016-17 fiscal were released. The annual GDP grew by 7.1% and the Q4 GDP grew by 6.1%. Let me take you behind the numbersContinue reading “India Q4 & Annual GDP 2016-17”
Q4 Results/Rankings for Indian Companies
Annual Examination Results of Companies. Like Students have an academic year which starts from June and ends in April, companies also have financial year that starts from April and ends in March. Like students write their exams at the end of academic year and the results of which helps them in promotion, companies also haveContinue reading “Q4 Results/Rankings for Indian Companies”
CPI, WPI & Interest Rates
Inflation – Inflation, as everyone understands, is the key economic term which talks about the gap between supply and demand. The rate of inflation for example at 4% means the price of products will go up by 4%. Inflation is again of two types they are CPI – Consumer Price Index – Inflation that isContinue reading “CPI, WPI & Interest Rates”
Gross Domestic Product Quarter 3
GDP – Gross Domestic product is the value of the goods and services produced in a country within specific period of time. India follows the fiscal year from Apr 1st present year to Mar 31st next year. Gross Domestic Product is calculated both quarterly and annually. Let me talk about today’s GDP figures which wasContinue reading “Gross Domestic Product Quarter 3”
Industrial Production (IIP)
IIP up 5.7% year-on-year in November The second week of the month and we have Industrial production (IIP) figures out giving 5.7% growth year-on-year. That’s a great boosting news for the Indian economy. So, how 5.7 %? IIP constitutes of three sectors (Mining, Manufacturing & Electricity) Mining growth doubled to 3.9% when compared to 1.7%Continue reading “Industrial Production (IIP)”
17 in 17 by end of 17
Hello 2017, Hello January! 10 days into New Year and we are all welcoming the year with lots of hope to make it a big year for each of us. “Big year” – What makes this year big? Many would’ve made mistakes yesteryear and would never want not to repeat them this year. One suchContinue reading “17 in 17 by end of 17”