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Reads: Indonesia Ups Rates, Summers Calls India Outlier, NSEL arrests, Thinksoft Soars

Indonesia raises rates by 0.25% to 7.5%. They have now raised rates by 1.75% since June. Inflation there is at 8%, and their current account deficit is 4.4% ...

Weekly Summary: Rupee Tiger, Mutual Fund Commissions, iPhone Deals, RBI Changes

Check out Capital Mind Premium! Take a 30-day Free Trial. Riding the Rupee Tiger I wrote this for Pragati in October 2013. The arrival of a new RBI governor ...

Germany and US Bring Good News That Seems to be Bad News

Two things that are important to note are in the headlines today. First, Germany showed a record high export surplus in October. Germany dispatched €54.8bn ...

Off Topic: Don’t Undermine The Mission to Mars

Balaji Viswanathan has a great post on Indian Space Mission, Poverty and Closet Racism, on how western journalists have portrayed India’s recent Mars mission ...

Twitter Goes Public, Gains 76%

Twitter has listed on the NYSE (TWTR) at a 76% premium to the IPO price of $26. The closing price was $44.90, giving the internet social media company a ...

Russian Online Lender Tinkoff Gets a $3.2 Billion Valuation

Tinkoff Credit Systems, a credit card lender I’d mentioned earlier (Man Wins Credit Card Court Case When Bank Didn’t Read What It Had Signed) has, it ...

Happy Diwali 2013!

Happy Diwali! I hope you all have a prosperous year ahead. In the seventh series of the Capital Mind Diwali Predictions, I bring to you my predictions for the ...

October 2013 at Capital Mind: Onion Prices, The Unbelievable Rally, Unravelling GDP, FIIs Sell Debt

Here’s Capital Mind in October, with traffic a little bit light as I took a vacation: Macro and Markets Singapore Hurts Property Bubble By Limits on Housing ...

Jignesh Shah Resigns from MCX

So it’s finally started to unravel. Jignesh Shah, the founder of FT which started MCX, has now resigned from the MCX board, after the NSEL debacle. "The ...

NSEL “Settles” with Mohan India, EOW Freezes Jignesh’s Accounts

!A quick update on NSEL: Mohan India has “reached a settlement” with NSEL to pay back Rs. 771 crores out of the Rs. 950 cr. it owes, over the next 12 ...