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707 ArticlesEconomy

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Three Hidden Facts in the GDP Growth Number of 5.3% for Sep 2014

Indian GDP Growth has fallen to 5.3% in Sep 2014, from June’s number of 5.7%. While this isn’t that much of a fall, the growth in ...

Is the New Kisan Vikas Patra Creating Holes to Store Black Money?

The Finance Minister wants Indians to save more. The press release from the fin ministry says: The Finance Minister said that in last few years due to slower ...

IIP Hits 2.5% in Sep 2014, Manufacturing Stages a Comeback

The Index of Industrial Production (IIP) for September 2014 is at a three month high of 2.5%. I know, even 2.5% sounds low, but it is indeed better than ...

RBI Trades the Dollar: Buys More in Sep, and Likely Even More in October – Will this cause Inflation?

RBI returns to buying dollars as they reveal in their November bulletin, with a purchase of $1.4 billion in September. This time, they added about $3 billion ...

Taibbi Again: The Witness That Cost JP Morgan Chase $9 Billion

Matt Taibbi brings you a story of JP Morgan Chase and a witness who, he says, cost the bank $9 billion. They were willing to pay that much just to keep Alayne ...

Yen Hits Seven-Year Low Against the Dollar

The Japanese Yen has hit a seven-year low against the USD. This comes on the back of the surprising decision by the Bank of Japan to increase their QE stimulus ...

Capital Mind Gets it Right: RBI asks Government To Hedge Crude Exposure

A few days back, I appeared on ET Now in a show hosted by Ayesha Faridi and Niraj Shah, where I spoke about Oil Hedges: And then I spoke of how India should ...

The Government Talks Austerity; Mid-Year Fiscal Deficit Highest in 5 years

We’re a little more than midway into the Financial Year 2014-2015: perfect time for a comparative analysis of the performance of the new government. How bad ...

RBI and Bhalla Slug it out over Inflation and Policy

There’s a fight happening in the intellectual circles around inflation, and you shouldn’t be surprised. It involves the terms “model” and ...

Diesel Deregulated, Gas Prices Finalized, Coal Auctions Soon: We Have Some Action

Reliance is going to be disappointed. The gas price hike that was supposed to be a huge benefit – and that was supposed to be double to over $8 per mmBTu ...