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News: China Gets Really Angry, Mumbai Flat Sells 50% Lower, Defaults in Dubai and Not Much Better in India

In News to Read today: NHB “considering” a proposal to allow home lenders to reintroduce prepayment penalties. But this is just retrograde – ...

On Slack: Coffee Day IPO, Blood Bath in Markets, Tata Investment in Uber and More…

The Slack Discussions The Slack group at Capital Mind Premium has been extremely active and if you haven’t been there, pop us a note by replying to this ...

New Payment Bank Licenses are Finally Here. Here's What They Can Do.

Yay! RBI has finally granted in-principle approval to 11 payment banks: Aditya Birla Nuvo Limited Airtel M Commerce Services Limited Cholamandalam Distribution ...

On Slack: STT, crash predictions, FDA approvals…

The Slack Discussions The Slack group at Capital Mind Premium has been extremely active and if you haven’t been there, pop us a note by replying to this ...

The Music Pauses in China Again, and You Hear A Whoosh as Investors Scram

China’s Index is falling again. After a 6% day yesterday, it’s down another 5% today. According to Bloomberg: The number of traders with more than ...

On Slack: Ominous Ashiana Conf Call, Saudi Oil Battle, Indirect Taxes and More…

The Slack Discussions The Slack group at Capital Mind Premium has been extremely active and if you haven’t been there, pop us a note by replying to this ...

On Slack: FIIs love Eicher, Cummins One-Timers, Goldman Gets it Right, IndiaBulls dividend…

The Slack Discussions The Slack group at Capital Mind Premium has been extremely active and if you haven’t been there, pop us a note by replying to this ...

2200 cr. BDA Scam: Finance Head Invested Public Authority’s Money in Mutual Funds. Who Got The Commissions?

A large scam has emerged in the Bangalore Development Authority (BDA) with finance members investing money in equity mutual funds and trying to cover this up ...

Steel Duty Hike Will Not Change Anything as Long as We Have FTAs with Japan and Korea

The government has hiked the duty on certain steel products by 2.5%. This is after recently increasing duties on Steel imports by 7.5% to 10%. I was on CNBC ...

Real Estate To Fall Big Time, Says Ambit. The Data Seems To Agree.

A big Ambit report is doing the rounds – they predict that real estate will fall big time. We are seeing a broad-based real estate pullback, with prices ...