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707 ArticlesEconomy

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Macronomics: Forex Reserves Jump while the Rupee at Weakest in 2014

As we come to the end of 2014, Capital Mind will do a series on different things that have happened. In today’s post we look at where Forex Reserves have ...

2014 Thus Far: The Fall of Oil and Its Effects on Indian Fuel Prices

In continuation of Capital Mind’s year-end specials (read more at: 2014 Ends With the Death of Deposit Growth, Lowest in 20 years!), we decide to look at ...

2014 Ends With the Death of Deposit Growth, Lowest in 20 years!

We bring you yet another outlier from the stable of Capital Mind – we analyze public financial data and bring out insights that hardly anyone else looks at! ...

Nov 2014 Sees Highest Trade Deficit in 18 months, on Heavy Gold Imports

India’s trade deficit for November shot up to $16.8 bn, the highest single month deficit since May 2013. (When the dollar was at 55, and in November it was ...

Dissecting the -4.2% IIP Drop in October: Big One Time and Diwali Impact, But it's Still Bad

Diving deeply into the Index of Industrial Production (IIP) in October 2014, and the large drop gives us a few insights. The biggest negative contributor to ...

IIP for Oct 2014 at Three Year Low, at -4.2%

The Index of Industrial Production (IIP) went to the lowest growth seen since October 2011, with a -4.25% number. There might be an element of seasonality here ...

RBI Keeps Rates Unchanged, Will Wait Till Early Next Year

RBI has changed no rates. CRR remains at 4%, SLR is stagnant and repo/reverse rates are at 8%/7%. The important paragraph is this: 18. Still weak demand and ...

RBI Reverses Gold Restrictions, But Smuggling Still Lucrative With 10% Duty

RBI has reversed all restrictions on gold imports. This supposedly has come from the government. It’s a very good decision, because such import ...

Payment Banks Are An Opportunity To Change Banking in India

The RBI has released guidelines for Payment Banks. This is fantastic because it means some competition to regular banks who have become bloated, unweildy and ...

FCI Wants to Import Rice Instead of Using Its Overflowing Rice Stocks. What's Going On?

The Food Corporation of India (FCI) has asked the State Trading Corporation (STC) to import rice upto 10,000 tonnes per month, to meet the need for the Public ...