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General

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 ...
Charts & Analysis

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 ...
Economy

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 ...
Economy

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 ...
Premium

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 ...
Charts & Analysis

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 ...
Stocks

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 ...
Economy

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 ...
General

Capital Mind Sees 1 Million PageViews in 2013!

We’ve had a great year at Capital Mind, in 2013. As I moved to convert the blog into a full-scale business, things improved dramatically on the number of ...
Premium

Macronomics: A Look Back at 2013, and What 2014 Has In Store

This is an archive for Capital Mind Premium subscribers, sent on 30 Dec 2013. You never know what a new year can bring, and 2013 was no exception. It brought ...