Capitalmind
Capitalmind

4402 ArticlesDeepak Shenoy

245 / 441

Advance Estimate for GDP Shows 5% Growth

GDP Growth for 2012-13 is estimated at 5%. Nominal growth is 13.3% and once you deflate this for inflation, the figure of 5% comes through. This is the lowest ...

Insurance Profits from Surrenders, But Not *That* Much

LiveMint has an article by Monika Halan and Deepthi Bhaskaran talking about how investors lost Rs. 1.5 trillion (150,000 crore) rupees due to mis-selling. ...

January PMI Continues Expansion; Services Jump

The HSBC Markit Purchasing Managers Index (PMI) was at 56.3 in Jan 2013, indicating continuing expansion. The Index is based on both Manufacturing and Services ...

Cut up the RBI

(Written for Pragati, December 2012) The Reserve Bank of India has been a regulator of acclaim, and as regulators all over the world have become more ...

RBI Suggests Large Penalties for Restructured Loans

RBI has, in its draft guidelines, made it more difficult for banks to restructure loans. (See: What is loan restructuring?) Suggested in the guidelines are: ...

Charts: Nifty has a +2.2% January

The Nifty moved 2.2% in January, crossing 6,000 for the first time since December 2010. It’s a good start to the year, and hopefully the budget in Feb will ...

Reliance Sells $800M of Perpetual Debt, Despite having $15B of Cash

Reliance just sold $800 million of perpetual bonds at a yield of 5.875%. The yield is fixed for life – and holders will get money for as long as Reliance ...

RBI Cuts Repo and CRR by 25 bps

Continuing the paused rate cut cycle, RBI cut the repo rate (at which banks borrow overnight from the RBI) by 0.25% to 7.75%. In addition, it brought the Cash ...

Do Not Undervalue Luck

Too many people attribute their success to their own skill. At some point, when everyone is working their asses off, you begin to wonder if success has quite ...

Raising Gold Duty Will Only Increase Gold Demand

The government has raised the Gold import duty to 6% from 4%, and pleads with people to please "moderate" their purchases of gold. This is a ...