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Charts: Gold Crashes, Crude Slows

Gold just fell below $1,500, seemingly on news that Cyprus may sell some of it’s gold to finance it’s bailout. Of course that has very little to do with ...

CPI Inflation for March 2013 at 10.39%, Too High For Comfort

Consumer Price Inflation came in at 10.39% for March 2013, down from the Feb 2013 number of 10.91%. This is still way too high a number for comfort, given that ...

Low Volatility Shows Even When Looking at Weekly Moves of 4% or More

Following up on my post about the lack of volatility in the last few years, I have now added another chart – of weekly moves of greater than 4%. The chart ...

Chart: Big Days on the Nifty, Zero in 2013!

In the last few weeks the index has moved a lot. From the highs of 6000+ on the Nifty in Jan, it is now below 5,500, a drop of more than 10%. But are we really ...

CPI Inflation for Feb 2013 at 10.91%

In a stark difference from whatever the Wholesale Price Inflation guys are smoking, consumer prices have now left the building through the roof. At nearly 11%, ...

Subbarao on the Economy, With Interesting Graphs

Some of the best inferences to future macroeconomic policies are hidden inside the speeches made by key RBI personnel. On March 13, just a day prior to the ...

WPI Inflation for Feb 2013 at 6.84%

February 2013 has shown a small jump in Wholesale Price Inflation to 6.84% (from last month’s 6.62%) Much about the low number is really the lack of ...

Chart: Stock Market Volumes at a Low

Since 2007, stock markets have seen highs and lows. India’s GDP has more than doubled. The money supply in the system – total deposits in banks for ...

Nifty down 5.7% in Feb, Takes 2013 Down

Because of the budget posts, my monthly move post got delayed – to today. The Nifty had a negative month, down 5.7%, taking Year 2013 to the negative zone. ...

India PMI Falls to 54.8, Growth Pace Declines

The HSBC Markit Purchasing Managers Index (PMI) comes in at 54.8, with the service part of the index slowing down while the manufacturing pace increased. A ...