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Month: February 2014

5 / 5

Services PMI Improves, But India’s PMI Still Contracts in January

After a decent Manufacturing PMI, the PMI for Services for Jan 2014 has come in at 48.3 (after a low 46.7 in December). Remember, a PMI value below 50 is ...

Consumer Courts Can Rule on Telco-Customer Disputes: DOT

If you’ve been stiffed by your telecom company by high bills or unexplained debits, you are now in luck. The Telecom Regulator has announced that you can ...

India Gets a Housing Start Index But it’s of Two Years Ago

RBI has, along with the Ministry of Housing and Urban Poverty Alleviation (really), released an index on housing starts in India. (Housing Start Up Index or ...

Optionalysis: Portfolio Trades In a Trending Market

This is an archived post for Capital Mind Premium subscribers, sent on Feb 03, 2014. Click here to know more! In today’s Option Strategy we’ll run through ...

Manufacturing PMI at 51.4, Highest Since March 2013

India’s HSBC Markit Purchasing Managers’ Index (PMI) for Manufacturing for Jan 2014 was at 51.4, the highest since March of last year. A PMI reading above ...

It’s Not Their Fault, It’s Ours. (On Rajan’s Blaming Western Monetary Pullbacks)

“International Monetary Cooperation has broken down”, says Rajan, the head of the Indian Reserve Bank, which has been fighting inflation, the falling ...

Monthly Nifty Move of -3.4% Worst In Six Months

The markets start the year badly as January brings with it a -3.4% return on the Nifty, the worst month since August 2013.   Yes, there was a run in the ...