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 […]

Read More →

A few decades ago…the great Jawaharlal Nehru said…’when the world sleeps…India wakes up to her freedom’ I was wondering (see the world time map) which part of the world was sleeping at 12am Indian time? The early birds in the east were awake…Europe and US was awake…i guess Nehru meant ‘now that you are awake…please […]

Read More →

Do numbers lie? Or is it that liars use numbers to lie? Mutual funds are assessed on the basis of their past performance. So the best fund in the last 3 years is likely to be the best fund in the next 3 years – after all we know history repeats itself! Let us take […]

Read More →