Capitalmind
Capitalmind
Actionable insights on equities, fixed-income, macros and personal finance Start 14-Days Free Trial
Actionable investing insights Get Free Trial

88 ArticlesMacro

7 / 9

RBI Intervention Is Not Working For The Rupee

The Reserve Bank of India sold just 275 million dollars in April, even as the Dollar Rupee exchange rate rose from 51.1 to 52.5. Data from the RBI Bulletin ...

Has India Plunged Into Recession? GDP Data Fudge Reveals Details

The Great Indian Data Suckage story continues. GDP data from MOSPI (the agency that reveals data) recently brought growth down to 5.3% and it turns out there ...

India’s Q4 GDP Growth Slows, Has More To Go

GDP Growth came in at a miserable 5.3% for the quarter ended March 2012, ending the year at a 6.5% growth, compared to 8.4% in FY 2011. Look also at Nominal ...

RBI Meeting Minutes: Don't Cut Rates That Much?

The RBI has released the minutes of the meeting in which monetary policy was discussed in April 2012. I point you to: 5. Most members were of the view that ...

April Manufacturing PMI at 54.9

HSBC-Markit’s Purchasing Manager’s Index (PMI) for April 2012 came in at 54.9, marginally higher than the 54.7 in March. PMI is a better indicator ...

RBI Leaves Rates Unchanged

In a very boring macroeconomic note (mid quarter review, March 2012) the RBI decided not to change anything, and wait and watch. They had recently reduced the ...

Nifty Consolidated P/E is 16.16, Standalone is 19

Looking at Q3 figures (now that all data is in) we have a pretty interesting result on the Nifty P/E. If I use the exchange methodology, then the way to get ...

Dec 2011 GDP Growth At 6.09%, Lowest in 3 Years

GDP Growth for the 3rd Quarter ending December 2011 is at 6.09% over the previous year. This is the lowest since March ...

RBI Cuts CRR by 0.5%

The Reserve Bank of India has cut the Cash Reserve Ratio (CRR) for banks, as a percentage of deposits, to 5.5% from the earlier 6%. This is, they say, to ...

RBI Policy: Inflation High, CRR Cut Unlikely

Two things are expected of the RBI today, in their monetary policy statement. One, that it will not raise interest rates – a stance taken already in end ...