Capitalmind
Capitalmind

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Chart: Market Cap To GDP is 63%

With popular request (from Kaushik) I have updated the Market Cap to GDP chart for India. Market Cap is the total NSE Market Cap at the end of the month, and ...

RBI Cuts EEFC Balances to 50%

RBI allows exporters to hold their forex earnings in an Exchange Earners Foreign Currency (EEFC) account. This is so that they can pay in forex for stuff they ...

Jim Grant: Look at the Depression of 1920-21

Jim Grant usually has excellent things to say, and he raps the Fed on their knuckles, in their very office, in a brilliant speech. (Note: I don’t agree ...

Why RBI Buying Govt Bonds Is Not A Big Deal

RBI has announced an Open Market Operation (OMO) to buy Rs. 12,000 cr. (120 billion) worth of government bonds, on Friday, May 11. Bond Yields have fallen ...

Austerity Loses European Vote

There’s a new fear in the air. Of losing support for austerity. France saw a change of presidency as Sarkozy was voted out 52% to 48% in favour of ...

Slideshare, LinkedIn and Indian Taxes

Slideshare has just been bought by LinkedIn for $119 million. Slideshare allows you to share documents on the web, and lets you embed them on web sites or view ...

RBI Cuts Rates by 0.5% on April 17

The Reserve Bank of India cut interest rates by 0.5% overall, in order to help stimulate flagging growth. The repo rate (at which banks borrow overnight from ...

Moving To Bangalore Next Week

I’m moving, next week, to Bangalore. Twitter followers may already know, since I’ve been talking about it on and off. We moved out of BLR in 2008, to ...

Markets Have Moved -1.08% On Budget Day

This is from my pre-budget Yahoo post, now updated a week later with post-budget values. Update: The market moved down 1.16% on budget day 2012, mostly post ...

Budget 2012: Live Blog

This was a live blog. Excuse the mistakes.   12:45 PM: Cigarettes and Bidi excise duties go up 2% everywhere.  Titan down 2% on the gold news? Gold duties ...