The RBI, in it’s mid-term policy review, has not changed rates. The repo rate remains at 7.75%. This is the rate at which banks borrow overnight from the ...
You thought inflation was high? It might get higher. The government plans to buy a heck of a lot more cereals, wheat and rice, and store them and let them rot. ...
Due to lots of issues with bank gateways and requests, I’m extending the subscription discount of 40% on the Capital Mind Premium to 20th December. The ...
After a long time, an update on NSEL. The commodity exchange that was basically a large ponzi scheme has unravelled into what seems to be something where ...
In a couple days, the Bitcoin price at Mt. Gox, a large Bitcoin site, crashed from $1,200 to less than $600, recovering marginally to $750 today. China has ...
I’ve been saying this for a long time. That if you try to stop gold supply from outside, they’ll smuggle it in. The smugglers are now winning the gold war. ...
SMS Alerts on Usage Basis Only Banks use SMS alerts to tell you about your account balance, any transactions and so on. These alerts are now charged for by ...
Commercial Real estate inventories are rising, says Bloomberg. Vacancy rates in the financial center of Mumbai and capital New Delhi topped 20 percent in the ...
In recent times there has been the emergence of a new financial “thing”, the Bitcoin. This is a new virtual currency, and addresses some of the problems ...
In a sudden move today, the 10 year bond yield came down from the 9.1% it started with down to 8.91%. At the same time the rupee rose abruptly from the Rs. ...
