In 1991 Prime Minister Narasimha Rao brought liberalisation to a practical level. Departing from the Nehru-Indira’s uneducated guesses on economics, what Mr. Rao did was path breaking. Sadly Sonia is back in power -(and BJP’s stint did not matter) and we are back to our so called social ways. Take the case of the sugar […]

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I was sitting on a pile of sugar shares, and sugar is doing well. Frankly I think 2010 and 2011 are likely to be bullish for sugar mills profitability will only get better. The retail sugar price is unlikely to come down and this ensures good EPS. Given good eps and buying by institutions sugar […]

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