Capitalmind
Capitalmind

Month: January 2014

5 / 5

Chart: Infosys On Result Days Moves Like Crazy

Infosys will declare results tomorrow and usually, for the stock, it is one wild day. Look at the moves in the last few years: There is no correlation of a ...

Saradha Continues to Haunt Depositors

Bloomberg has an awesome piece on the Saradha scam: Sudipta Sen was on the run when police arrested him on April 23 at Hotel Snow Land, a resort with views of ...

JP Morgan Fined For Shorting Madoff

JP Morgan has just been fined $ of money for shorting Madoff without telling anyone. How the heck do you short a guy? I mean, do you buy insurance on him? Do ...

December Composite PMI Anaemic at 45, Slowdown Continues

The HSBC Markit Purchasing Managers’ Index (PMI) for December 2013 (Combined Services + Manufacturing) came in at 48, which indicates a continued ...

RBI Says Don’t Poll For Benchmarks, Use Trade Data Instead

Finally RBI seems to have figured out the banks and market players shouldn’t allowed to set benchmark rates based on “polls”. They’ve a draft report ...

Imagine No Taxes

At Pragati, I write: Imagine No Taxes. Nitin Gadkari, former BJP president, is quoted by NDTV Profit saying that they’re considering a total abolition of ...

Macronomics: The Insane Fiscal Deficit and The Onslaught of Bond Issuance

At Capital Mind Premium we take a quick look at how the fiscal situation has panned out in this financial year. Fiscal is a term bandied about quite often, and ...

December 2013 PMI Holds 50, Inflation Pressures Remain

The HSBC Markit Purchasing Managers’ Index (PMI) of Manufacturing for December 2013 dropped marginally from 51.3 in November to 50.7. Anything above 50 is ...

December’s +2% Takes Nifty To +6.8% in 2013

December 2013 was, as December’s go, a good December. The Nifty clocked over 2% to end the year at +6.8%. As we can see, the markets favour December, and we ...

The Road To Agricultural Hell is Paved With Good Intentions

Ila Patnaik talks about the terrible situation created by the concept of the APMC (Agricultural Produce Marketing Committee) APMC acts were passed by states ...