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WPI Falls in July, In Total Contradition with the CPI

India’s Wholesale Price Inflation for July 2013 threw up a surprise. While consumer prices rose to 8%, we saw wholesale inflation drop to 5.19% in a strange ...

CPI Rises to Nearly 8% in July, Food Inflation above 9%

Consumer Price Inflation in July 2014 rises after a recent falling trend. This has been due to the spike in vegetable and cereal prices, and also in other ...

RBI Buys A Huge $11.9 Billion in Jun 2014, Gets Ready for US Taper

RBI buys the dollar yet again in June, even as the rupee lost value. This time, in the futures market, with another massive $11.3 billion purchase, added to a ...

Adjusted for Inflation, Nifty Still 15% to 35% Below All Time Highs

When you adjust the Nifty for inflation, you might see how high the Nifty really is in comparison with the past. That is, even with today’s Nifty value at ...

RBI Sells 150K cr. of Government Bonds So It Can Buy Dollars. And That’s a Good Thing.

From Jun 2014, RBI has sold about 150,000 cr. of government bonds it holds, and has instead replaced them with dollars. (This is a split graph, with Govt Bonds ...

Markets Gain 22% in 2014, Continues Winning Streak in July, Second Biggest in 15 Years

The Nifty’s had an incredible run this year, moving up another 1.4% in July. That’s three consecutive up months. and five out of seven this year. The ...

July 2014 Manufacturing PMI at 17 Month High at 53

India’s Manufacturing Purchasing Managers’ Index (PMI) for July 2014 is at the highest since Feb 2013, at 53.0, higher than the 51.5 in June.   ...

Consumer Price Inflation for Jun 2014 at Three Year Low of 7.31%

Consumer Price Inflation gives us something to cheer about, while we shop for carrots at Rs. 75 a kg in Bangalore. CPI Inflation was at 7.31%, the lowest ...

Deposit Growth at Lowest in 10 Months

Bank Deposit Growth as of 27 Jun 2014 is now at the Lowest since September 2013 at 12.4% over the past year. In Sep 2013 and Dec 2012, we had a market crisis ...

PMI for Jun 2014 at 16 Month High

The HSBC Markit Purchasing Managers’ Index (PMI) for India, for Jun 2014, with Manufacturing and Services Combined, is at a 16 month high at 53.8, up from ...