This is with reference to “Disappointment Looms Large” (Moneylife, 10 February 2011). What you have written is absolutely true. But I must say that the truth is frightening. The remedies that you have suggested are correct. However, as an investor, how should I manage my funds while selling the rallies and buying the declines?
As an aside, I must say that the workshop conducted by...
The marginal rise in food inflation for the seven-day period ended 12th February snaps a fortnight of consecutive decline during the weeks ended 29th January and 5th February
New Delhi: Food inflation rose marginally to 11.49% for the week ended 12th February from 11.05% in the previous week, driven by rising prices of milk, eggs, meat and vegetables, reports PTI.
The marginal rise in food inflation for the seven-day period ended 12th February snaps a fortnight of consecutive decline during the weeks ended 29th January and 5th February. Food inflation stood at 21.82% in the corresponding year-ago period.
As per wholesale price index (WPI) data released today, prices of eggs, meat and fish rose by 14.79% in the week ended 12th February. Similarly, milk prices rose by about 17%.
Vegetable prices rose by 15.89% in the week under review, despite a 9.72% decline in potato prices.
Wheat and pulses prices also dipped by 1.01% and 5.62%, respectively, during the week under review.
Cereal and rice prices rose by 2.07% and 1.65%, respectively, during the week ended 12th February.
As per the WPI data, inflation in primary articles was 15.77% for the week ended 12th February, down from 21.82% in the year-ago period.
Inflation in the non-food articles segment stood at 31.58% in the week ended 12th February, as against 13.94% in the same period last year.
I am a regular reader of Moneylife and find most of the information in the magazine to be correct. But I was shocked to read “Dubious Trade” (Moneylife, 27 January 2011) where independent financial analysts (IFAs) have been portrayed as the sole villains in the piece. I feel that the IFA community is unorganised, disunited and too weak to be at the receiving end of any criticism. It looks like...