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Month: February 2015

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We Just Missed Revenue Estimates by 63,000 Crores. And The Biggest Culprit: Service Tax

India is brilliant, they’re going to tell you in the news tomorrow. But what really has happened in the last year is absolute carnage, in terms of both ...

Is There a Rs. 30,000 cr. Debt Swap Planned For March?

Something seems off in the Budget Calculations. Every year we spend more than we earn. We borrow the difference, typically as market debt called Government ...

Budget 2015: More Taxes, No Wealth Tax, More Other Taxes, Black Money Attacks

Budget 2015 wasn’t quite a blockbuster budget. It’s more of a pocket buster, as the biggest thing inside it is: Taxes are up. No Tax Rates Changed, ...

Budget 2015: Live Updates

We will be constantly updating this post with tweets from our Twitter handle(@capitalmind_in).   1:08 pm: 9. There’s a black money bill, ...

Economic Survey 2015: Where Do We Expect to Find our Investments

What a day it has been. What a week in fact. Capital Mind has been getting plenty of attention for our posts on the Budget, and now that we are tantalizingly ...

Eco Survey: If You Incentivize Making Abroad, How Will You Make In India?

So let’s say you were looking to manufacture something. Maybe it’s a faster cellphone battery charger. You want to set up this plant in India, to ...

Railway Budget: Big Plans in Store, And Can You Open Your Pockets Please?

The Rail Budget is here. Let’s cut through the bull and give you what’s important. Fares Haven’t Changed Yes, it’s time to rejoice. ...

Budget 2015: Watch How Subsidies Have Eaten Up Our Government Spending

We welcome the Budget 2015 series with a post on Subsidies. The government pays for many things for us: Food: The government buys food and lets it rot in large ...

Macronomics: India's Trade Falls to Lowest In Four Years While No One's Looking

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RBI Unwinds Forex Exposure As Reserves Hit Record High on RBI Dollar Buying

India’s forex reserves hit a new high at $333 billion for the week ended 13 Feb 2015. This is the highest ever in terms of forex reserves that ...