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707 ArticlesEconomy

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Good News: Pulses See 34% Growth in Sowing, Prices Likely to Cool Down

We’ve seen prices of dals soaring to over Rs. 200 per kg. And the only way to solve that problem is to produce more dal – or lentils, which are ...
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Yellen Says It Could Be Time For a Rate Hike, Excess Reserves Tell Us a Story

Janet Yellen is never going to raise the fed rate, it seems. The language these bankers are using is so hedged that you wonder why they even say anything at ...
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IIP Grows 2.1% As Manufacturing Remains Flat

The Index of Industrial Production (IIP) for June 2016 has come in at 2.1%. I know, it’s strange we’re still reporting this data. It’s not ...
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Inflation Crosses 6%, Trajectory Looks Dangerous Despite A Good Monsoon

Rain or no rain, food prices only seem to be going up. In July High food prices took inflation to more than 6%, the highest in nearly two years. This also ...
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RBI Policy: We Are Not Giving You 50 Lakh Rupees But We Will Buy Lots Of Bonds

In Raghuram Rajan’s last policy statement, he hasn’t changed rates at all. We spoke of this in our (premium) post and many things that’s been ...
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Banks: MCLR Update – Aug 1, 2016

As a follow-up note on MCLR (Marginal Cost of funds based Lending Rate) and how it is changing the way banks lend in India, we are publishing the rates of ...
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RBI Opens Government Bonds and T-Bills to Retail Investors: Will You Buy?

RBI has opened up the government bond market to retail investors. We at Capital Mind have been waiting for Rajan to do this for years. When Raghuram Rajan ...
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Credit and Deposit Growth At Multi Decade Lows in India: The Economy in Charts

So inflation is falling, they say. It’s claiming one victim, for sure. And that is in growth in deposits and credit.  Credit growth – that is, ...
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Inflation Stretches to 5.77% in June 2016 as Food Prices Spike

Inflation seems to be going up yet again, as it hits a 5.77% level in June. This is the highest level of inflation since September 2014. Remember the crude oil ...
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How Much More Fuel Does This Growing India Consume?

India with the world’s second largest population has been seeing a steady increase in oil demand. The current consumption rate for India is 4.2 million ...
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