It’s the end of the Fed-chair-road for Larry Summers, who withdrew his nomination for the post yesterday after Democrats opposed him on the grounds that ...
India’s foreign exchange reserves have been through wild rides recently. But if you look at the reserves since 2001, here’s where we went. There are three ...
A letter by the NSEL Investors Forum chief Arun Dalmia seems to state that Jignesh Shah is in “advanced discussions” to sell his stake in Financial ...
Pavan Srinath tells us about the breakup of the Russian-Belarusian Potash Cartel: Two big cartels control the global potash trade: the first being BPC, a joint ...
With the rise in the Index of Industrial Production (IIP) yesterday to +2.6%, a rumour started to float around that all of this was caused by a spike in one ...
Consumer Price Index (CPI) inflation for August 2013 comes in at 9.52% which is a ludicrously high number when you consider that WPI inflation is just 5.79%. ...
The Index of Industrial Production (IIP) for July 2013 was revealed to be at 2.63% over July 2012. This is a huge improvement, and long term readers of Capital ...
After crossing 12% in yield just two weeks ago, the 91 day T-Bill auction has cooled down to a 10.6% yield in the auction yesterday. T-Bills are short term ...
Banks borrowing through the Marginal Standing Facility (at 10.25%) has now gone to an extreme, at 73,000 cr. The dip you see around September 3/4 was due to a ...