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4402 ArticlesDeepak Shenoy

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Exports and Non-Oil Imports Drop as Trade Remains Treacherously Low in May 2015

India’s trade statistics showed: a) A trade deficit of $10.4 billion that’s about flat from the previous month b) a 16% drop in imports and a 20% ...

Macronomics: Net of Gold, We Run a Current Account Surplus!

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Guest Video: State of the World This Week by Deepak Singh

We have a guest post - more of a guest video - today for you from Deepak Singh from stateofthemarket.net.  Deepak lives in Chicago but keeps a watch on ...

Portfolio: A Stop Loss Hits on the Rail Bearings Business

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Vedanta to Merge With Cairn, Gets Hands on Cash, Takes Retro-Tax Risk

Cairn and Vedanta will merge soon, says a Vedanta Board Meeting note, where Cairn shareholders will get: One share of Vedanta for a share of Cairn A preference ...

Consumer Price Inflation Jumps Back Up To 5% in May 2015

Consumer Price Inflation for May 2015 rose to 5%, rising suddenly after two months of a drop. Components showed rising inflation in: Fuel (we saw two retail ...

IIP At 5% for April 2015, With A Smart 5% Gain in Manufacturing

The Index of Industrial Production (IIP) for April 2015 has something decent – with a 4.05% increase, which seems to finally be a good number. We have ...

Bond Markets Crash, Failure of Bond Auction Today is Likely Again

There’s some serious damage in the bond market in the last few days. We posted (in Premium) that Banks are likely to lose 10,000 cr. on just the extra ...

Macronomics: Carnage in the Bond Markets, Look How Banks Face Losses Of 10,000 Cr. in this Quarter

Folks, there’s some serious bloodletting happening in the bond markets. You’ve seen it here earlier – we have continuously mentioned how the ...

Indirect Taxes Up Big Time on Fuel Duties and Gold, Good For Government, Not So Much For Anyone Else

Apparently, the Indirect tax collections (Service Tax, Excise Duty and Customs Duty) are up 37% in May 2015 over May 2014. But is this really something we ...