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Car Duty Cuts Extended, But They Haven’t Helped
The government has extended the excise duty cuts, given for Automobiles by Chidambaram in his budget. These reduced excise duty of cars by upto 4%, which, on a Rs. 500,000 (five lakh) car, was about...
View ArticleBonus Stripping and the Impact of Arb Fund Unwinding on the Market
You gotta hand it to Manoj Nagpal ( @nagpalmanoj ). (He’s a great guy with excellent insights on mutual funds!) In a conversation on the impact of converting arbitrage funds to debt funds ,...
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