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Month: March 2015

5 / 6

A High Service Tax Means Do Not Make In India, Buy From Abroad

Service Tax was hiked to 14% in this budget. The FinMin folks seem to think this is just a gradual move towards the GST rates of 20% or so, since manufacturing ...

Premium: RBI Cuts Rates, And Market Falls! Surprise?

Why did markets crash after the RBI cut rates? We dig deeper into the reasons behind it. This post is for Capital Mind Premium subscribers ...

RBI Cuts Rates 0.25%, Back to Sep 2013 Levels. We Didn't See This Coming!

RBI Cut Rates by 0.25% in a surprise move today. We were surprised, and we have been watching RBI closely. Rates are down by 0.25%. This brings rates to where ...

NSEL Scam Fallout: Top Brokers Arrested for Manipulating Client Codes

Top brokers have been arrested in the NSEL scam, according to Business Standard: City police’s Economic Offences Wing tightened the noose on commodity ...

You Will Not Believe The Real Cost of the Subsidized Insurance and Pension Schemes In The Budget

There were three new “social” schemes in the budget. These sounded like big government expenditure and the devil is obviously in the details. We ...

Portfolio: Changes and Additions and Recaps

We make some changes to the CAPM Portfolio. This post is for Capital Mind Premium subscribers ...

Jan and Feb Positive For Stocks: What Does March Look Like, Historically?

The Nifty went up 1.1% in Feb 2015, taking the 2015 return to 7.5%. With two consecutive months of gains, this looks like a good month. March has a negative ...

RBI Agrees To Meet 4% Inflation Target, + or – 2%, Starting Jan 2016

Inflation targets are now at 4% starting Jan 2016. This is now a stated goal, with the Government and the RBI agreeing on it. Plus, the RBI needs to come back ...

Macronomics: The Budget, It's Impact on Bonds and Rates and Equity

We discuss the impact of Budget 2015 on the financial markets. This post is for Capital Mind Premium subscribers ...

You Thought Service Tax Was Hiked to 14%? It Might Be 16%.

Service Tax in Budget 2015 was moved to 14% from the 12.36% we were paying earlier. But there’s a sneaky thing in the budget that allows them to push it ...