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4402 ArticlesDeepak Shenoy

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Nifty At All Time High, Third Time Lucky?

Markets are at a new closing high. The Nifty ended on March 6 at 6401, which breaks through the last highs around this level, which were in 2008 and 2010. ...

Food Inflation: The Government is Not Just Paying More, It is Buying More

In my last post, I mentioned how, according to RBI’s Rajan, NREGA and MSP have driven up prices of food. There’s another thing: we have been buying more ...

How Do You Calculate “Contribution” of any item to Inflation?

Technical note: How do you see the contribution of any individual element to inflation? Assume we have two items, A and B, which are priced at Rs. 100 each, ...

Why Food Inflation Haunts Us, And What We Can Do To Fix It

RBI’s Raghuram Rajan has described why food inflation continues to haunt our inflation expectations over the last few years. Here’s what he says, distilled ...

Premium: Top Performing Stocks in 2014 To Date

This is a post for Capital Mind Premium subscribers, sent on March 4, 2014. Movers and Shakers It’s now two months into 2014, and some stocks have gone ...

Why is Controlling Inflation More Important Than Short-Term Growth Worries? Rajan Answers.

This is going to be a long essay. RBI Governor Raghuram Rajan has a brilliant explanation of why Inflation is more important to worry about than short-term ...

RBI Extends Date of Pre-2005 Note Exchange to 2015

RBI has extended the date to exchange your pre-2005 notes ( to Jan 1, 2015). Earlier, they had mandated the exchange of all such notes by July 1, 2014. In a ...

Macronomics: Housing Prices Grow at Lowest Rate Since 2008, From the Residex

This is a post for Capital Mind Premium subscribers. In our last post on the National Housing Bank’s Residex Index, we talked about City level data on ...

Manufacturing PMI for Feb 2014 at One Year High

India’s HSBC Markit Purchasing Manager’s Index (PMI) for Manufacturing for Feb 2014 was at 52.5, a 12 month high.   However, they have provided a ...

Reads: Synchronized Tightening, Buffett Letter, Marketing Amortization and more

Think before you buy with a credit card: The taxman will track individual spends. (SmartInvestor) Buffett’s annual letter to investors. A lot of stuff there ...