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88 ArticlesMacro

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Macronomics: RBI Swaps Debt, But Repayment Concentration Remains

This is an archived mail for Capital Mind Premium subscribers, sent on Feb 6, 2014. (Read more) There’s been some interesting macro-data in the last few ...

Trade Balance for Dec 2013 Up Marginally at $10 Bn

The Exports and Imports Data has come in and we are seeing export growth come down to just 3.5% over last year, while imports were down 15%. The trade balance ...

Capital Mind in Nov: Go Premium, Housing Prices, iPhone Unbundling

Capital Mind Premium Posts Macronomics: The Residex, a Housing Price Index, In Charts Capital Mind Premium: The Equal Weighted Index Macronomics: Your Guide to ...

Capital Mind in Nov: Housing Prices, iPhone Unbundling

Capital Mind Premium Posts Macronomics: The Residex, a Housing Price Index, In Charts Capital Mind Premium: The Equal Weighted Index Macronomics: Your Guide to ...

What Will Rajan Do Today?

Short Answer: Only Rajan Knows. Long Answer: Only Rajan Knows, and it’s useless to predict it. The pieces of data that Rajan will use are what we’ve seen ...

The Food Security Bill Spooks Markets, Banks Fall 5%, Nifty Down 4%

The Food Security Bill has been passed and markets don’t like it. Banks are down 5%. Everything has crashed across the table, except for IT. The dollar ...

Economic Calendar For Week of 26 Aug

Coming to you one day late, is the economic calendar for the week. Bond Auctions On Monday, 11,000 cr. worth of 48 Day Cash Mgmt Bills were auctioned at ...

We’ll do "Quasi”-Sovereign Bonds to “Quasi”-Close the Deficit

The Finance Minister has said that India will, in effect, try to close a large gaping hole in our current account using some sort of quick-drying glue. ...

RBI Wants Banks to Set More Aside for Unhedged Forex Exposure by Borrowers

RBI has announced draft guidelines for higher provisioning requirements while lending to corporates with “unhedged foreign currency exposure”. A quick ...

Just 3.6% of GDP, Says The RBI of our Current Account Deficit

India’s current account deficit (CAD) was just 3.6% of GDP In the Jan-Mar quarter of 2013, said the RBI. The exact deficit was $18.1 billion, which is down ...