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Tag Archive: Rupee


India is passing from an interesting phase, you can hear these famous words on everybody mouth Modi, Raghuram Rajan, Rupee, Inflation andimage not to forget the Onion.

Was just looking on the inflation numbers and realized the food prices are up by 18.2% on the year, and this was led by a mind-blowing 245% annual rise in onion prices.

Sharing some of the crazy things we’ve seen around India in the aftermath of soaring onion prices.

  • Onion Groupon Deals: Groupon India offered onions at Rs. 9 for a kg, in response to surging onion prices, and the offer caused the site to crash. This represented an 85% discount to a market price of Rs. 60 at the time the deal went live. It was the first time Groupon India had a deal on onions.  Continue reading
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When the GDP number came out for the Indian economy grew at 5.3% in the fourth quarter of the last fiscal. Impacting the expectation of India growth story of growing more than 7%. The 10-year bond yields fell 3 basis points to 8.49% as concerns over global risk aversion lured investors towards safe-haven government debt.

In the mean time some of my friends wanted to understand the impact Continue reading

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