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Capitalmind

4402 ArticlesDeepak Shenoy

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India April PMI Very Strong

The Manufacturing Purchasing Manager’s Index (PMI) by Markit has a story to tell. First, the Manufacturing PMI stays strong: And the composite PMI is ...

Piramal Healthcare Buys Promoter Cos, Gets into Financials, Merges Part of PIRLIFE

Piramal Healthcare has been in the news recently for having sold their formulations division to Abbott, for about 17,000 crores. With the cash, they bought ...

MV Chronicle: Seven Reasons why we are STILL overvalued

The latest edition of the MarketVision Chronicle has Seven Reasons Why We’re Still Overvalued, Nifty Gaps Covered and More at MV. (You need to register, ...

Two Videos From MarketVision

I’ve created a few videos at MarketVision, which I will highlight here: Monthly Income Plans Learn about how Monthly Income Plans work. Monthly Income ...

At Yahoo: Spooked By The RBI

In my latest at Yahoo I write on how stocks were Spooked By The RBI. (Reproduced in entirety) On May 3, the Reserve Bank of India announced the annual monetary ...

9 Negative Days: First Time Since Sep 2001

In an slow but steady move, the Nifty’s dropped over 8% in the last nine days, falling every single day. The Last Time We Saw Seven consecutive negative ...

Weekly Inflation at 12.11% (PA), Huge Revisions

Primary Articles and Fuel Inflation are going up yet again. Primary articles was up 12.11% from last year and Fuel was up 13.53%. And then, Look at the past ...

Banks Must Pay Rs. 100 per day for Delayed Reversal of Failed ATM Transactions

Moneylife has a story of how a customer got Rs. 1000 taken from his account even though his ATM transaction failed and he used RTI to get Bank of India, his ...

RBI: Banks Can't Invest >10% of Net Worth in Liquid Funds

In the Monetary policy yesterday (see longer post) RBI has said that Banks can’t invest more than 10% of their net worth into liquid mutual funds. ET has ...

RBI Raises Rates, Tightens Policy

In the annual policy statement release, RBI has significantly changed its stance from "We don’t want to tighten too much and hurt growth" to ...