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The Business Blog

The Business Blog is a daily business blog anchored by Firstpost senior editors. It will offer quick comments and insights into major business news developments from the pink press.

Jan 16, 2012

Why the rupee’s ride may only get rougher from now on

The April-December trade figures show why the rupee is not going to be out of the woods for some time yet. #Export-Import #Rupee depriciation #ThisisNext #Trade Gap 2011-12

Jan 13, 2012

LIC could be Pranab Babu’s white knight in disinvestment

The Life Insurance Corporation, which has large investible funds, could be the government's natural saviour with public sector disinvestment. #CashCows #LIC #PSU Disinvestment #SUUTI

Jan 12, 2012

Is China hoodwinking the world on its shrinking trade gap?

China's trade surpluses are shrinking. Does this mean China is consuming more and exporting less. Not quite. #China #forex reserves #Numbers #Trade Surplus #United States

Jan 7, 2012

Oil cos are bleeding Rs 16 cr an hr; here’s a simple reform idea

For the first time in many years, the government will be passing out more subsidies to oil companies than what it gets by way of taxes from them. This is an opportunity for reform. #Diesel #InMyOpinion #Kerosene #LPG #OMCs #Subsidy

Jan 4, 2012

Mukesh’s name was on Swiss list, but it was an error, says HSBC

The revelation raises the possibility that the Swiss bank account in question may be linked to his brother Anil Ambani. #Anil Ambani #BSE Sensex #Business/Finance #HSBC #Mukesh Ambani #WhyNow

Dec 27, 2011

The wages of slowdown: Govt’s coffers are running dry

The government is facing a Rs 80,000 crore shortfall in tax and non-tax receipts this year. It is scrounging around for cash. #Budget #fiscal deficit #Numbers #Public finance #Tax Revenues

Nov 16, 2011

Is Sanjay Chandra about to lose it all at Unitech Wireless?

With the FIPB clearing Telenor's Rs 8,250 crore rights issue, the Unitech Group is facing the possibility of being squeezed out of the company #2G scam #Company Law Board #Sanjay Chandra #Telenor #Unitech Wireless #Unitech Wireless Limited

Nov 5, 2011

Sex selection, female foeticide may be less than you think

The National Sample Survey of 2009-10 shows a dramatic improvement in the sex ratio at birth of 978. If this is for real, it means sex selection is coming under control. #Census 2011 #female foeticide #Sex Ratio

Nov 2, 2011

Why petrol hike: FM hasn’t paid subsidy bill of Rs 64,900 cr

Petrol prices have to go up repeatedly because the finance ministry is not compensating the oil companies for losses in diesel, LPG and kerosene. #Connect The Dots #Petrol Prices #Pranab Mukherjee #Subsidies #UPA

Oct 28, 2011

China-India in lock-step: No sacrificing growth for inflation

Both India and China appear unwilling to sacrifice growth beyond a point in order to tame inflation. #Central bank #China #ConnectTheDots #Growth #Inflation #Subbarao