When we made research reports in the 1990s, we used to have one page on risk factors. One of the risks was ‘Regulatory Risk’ – never bothered about it much.. Now if you are the promoter of a life insurance company, your purse will know what is regulatory risk. Thanks to IRDA’s diktat, all life […]
Well for all those people who thought that 2008 is long past us should wake up. The world economy is not picture perfect as yet, and we are still in tough times – but it may look smooth. After all the world is also seeing this kind of turmoil for the first time. The Pre […]
Many people have asked me this question based on my advice not to borrow! Well I am not against borrowing at all! After all I hold shares in India’s biggest mortgage company, and some banks. So please go ahead and borrow, I have to get my dividends, do I not? However, on a serious note, […]
“Never a borrower nor a lender be” because a loan normally loses itself and the friend. This is an old adage right? Surely Nehru, Gandhi, Rajaji did not have a credit card but their great grand children would all be carrying a credit card, maybe a housing loan (or home mortgage as yankees say it), […]