Capitalmind
Capitalmind

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Lewis on Greeks, CC Fraud, Basel III, Airline Seats

The stock market hits a new recent high, crossing 5700 on the Nifty and 19,000 on the Sensex. The last time it was this high it was January 2008 and an ...

Readings: Quit India, US Housing, ULIPs

Markets at a 31 month high. (Livemint) Telenor Investors say “Quit India”. Uninor in some trouble? We’ll know on Sep 21, when Telenor has their annual ...

Will India’s Share of World GDP Mean Revert?

An interesting presentation on the Asian Financial Sector by Pedro Rodeia, Head of Asian Financial Institutions Group at McKinsey. (Thanks Arvin for the tip!) ...

Oil Bill up 51%, Trade Deficit at $43B

India’s Oil Bill is 51% higher than last year for the April to June quarter. Sure, the average oil price has moved up from $60 average last year to about $70 ...

IIP, Seasonally Adjusted, is a Positive

The Index of Industrial Production which I mentioned in my earlier post as a negative (only 7.13%) is strangely, a positive move when it is seasonally ...

More MLM: Insurers, Fraud MLMs and Videos

I’ve been getting a dramatic number of emails regarding the Multi-Level Marketing article. Some comments: From @monikahalan – a Mint write up about how ...

Rupee Symbol Test

This is just to check the rupee symbol out. You won’t be able to see it on your RSS reader, or in IE 6, so ignore this post. Rupees 400 = ₨ 400. ...

US 30 Year Mortgage Rates at 4.4%

So says Yahoo. Mortgage buyer Freddie Mac says the average rate for 30-year fixed loans this week was 4.44 percent, down from 4.49 percent last week. ...

An Impressive Computer at $35

In an NDTV Video, Kapil Sibal talks about the gadget that’s doing the rounds of the gadget world. This, sir, could be a game changer.   Impressive. A ...

Currency Options, Base Rate, Powers of Time

You can trade currency options, says the RBI. Banks ask for “sunset” clause on base rate. Don’t be fooled. They only want to attract people who earlier ...