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 [...]
Can airlines really be profitable if ALL THE AIRLINES: – BUY aircrafts from the same manufacturers – Land at the same airports (and pay the same charges) – Use the same airport infra – recruit from the same pool – have a union that will decide the salaries and the bonus – fly the same [...]
Money is a Coward. When it is scared it Runs away from the place of Crisis. – Ayn Rand in one of her books where she says Money is ONLY for people who respect Freedom and Democracy. It is happening in Europe. Money will run out of Europe. Either from the main door (long lines, [...]
Capitalism is when the capital provider works in the business and wants to CONSTANTLY increase its net-worth by honest means so that he can bequeath it to his children, grand children, great grand children…and all of them take the same view. However if you have people who are ‘building a business to sell it off’ [...]
Well let us look at the Indian market from a foreign investor’s point of view: Indian markets (as also China) is down by 18% over the past one year. If you are a foreign investor add another 14% of currency depreciation. It is not a pretty picture, correct? It must have been quite a [...]
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 [...]