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 […]
Not very long back I was addressing a group of school teachers – in a big branded school. The school owners were worried about the government allowing foreign schools to come and operate in India – and naturally they were scared. When it came to my turn I asked the teachers: How many of you […]
There are somethings which I have not been able to understand, will somebody explain please? if 70% of the shares of Hdfc bank and Icici bank are held by FIIs, how are they Indian banks? if 100% retail is allowed to sell mutual funds and life insurance, why not tomatoes and jewellery? if a public […]
This week had some interesting events…. – a friend was offered a 30% discount on a retail purchase of a flat in one of Mumbai suburbs – a lovely property belonging to Hindustan Unilever Ltd. did not find any buyer in an auction – at Worli – one girl was killed in Delhi by a […]
If you are an Investor in the developed markets, what should your strategy for investing be? Well here is an attempt to tell them what to do: 1. The share of the Emerging Markets in the World Economy is increasing, and increasing at a fast rate. It is therefore imperative for investors in the […]
This is an old article which I had written for MoneyControl about 4-5 years ago Some tips on smart spending! THE basic needs of man are food, clothing, shelter and entertainment. Today, most of us have graduated from needs to luxuries. When the newspaper headlines were screaming inflation at 11.9 per cent, it became a […]
How stubborn can Central Bankers be? It is surprising – and I am not saying it is easy to be a central banker..just commenting. Inflation in the US and UK are about 5% – if you ask the people living there (increasing ‘consumer confidence’ is inflation assisted). However the Central Banks are refusing to believe […]