Who should decide on whether self regulation works? The other regulators? The MCA? The RBI? SEBI? …hmmm tough choice! The ICAI of course a well run body representing the interest of the C As. Well if this is what you think, you think wrong. Once you get in you realize that many of the regulators [...]
Normally there are a few times when people are serious about their goals: When they are trying to lose weight (I am talking about the serious guys n gals) When they are trying to write an exam (you know a 6 month effort can impact your NEXT 60 years!) When they are trying to meet [...]
Greece is in financial trouble – and by now all of us know it. The trouble is a result of years of mismanaging the economy. All you have to do is read Michael Lewis’s article about this in Vanity Fair – and it had appeared long back. How different are other countries? Well not very [...]
Well this is the question a NRI is asking…sure Indians are also asking, but face it, they have no choice! Let us look at China. If I had my money there, I would be worried and pulling out. The government has too much money and it does not let the citizens spend – that is [...]
The amount of borrowing that the ‘West’ – including US and Europe have as of today is scary! The US and Japan will need about 5 and 3 trillion respectively in the next year (2012) – to remain where they are. Funny that the same countries who were telling the EAST -( in 1997) are [...]
Where exactly are we headed? – A government which has no clue what is happening. The Finance Minister talks about a 8% growth. The reality is more like a 6.5% growth (well the government says 7.1 with a downward bias) -The Rupee headed towards 55 if not worse. -The RBI wondering what to do. It [...]