Markets

THE FALLACY IN THE CURRENT APPROACH OF DEALING WITH COVID19

It is Junta Curfew in India today as we seem set to enter stage 3 of the COVID19 pandemic in India with 300+ reported cases of the disease in India as of 22nd March 2020. Most of the developed nations, including European countries and USA have started implementing a ‘lockdown’ across major cities to prevent…

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IS THE WORLD COMING TO AN END?

While typically a title such as this would be considered too sensationalist or clickbait, these are certainly unprecedented times, to say the least. We are looking at prospects of a contagion of Hollywood proportions, the markets are crashing, everything is getting cancelled, borders are getting closed and everyone is getting quarantined. More than Corona Virus…

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MODI 2.0

The mandate has been given. People of India have spoken in no uncertain terms. The absolute majority in Lok Sabha, the impending majority in the Rajya Sabha, coupled with the fact that he will probably not be looking to play to the choir for a third term, sets the stage for Modi 2.0 to potentially…

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BUDGET 2015 – BIG REFORM!?!?

Following is an extract of some of the proposals I have suggested to the NaMo Government to be incorporated in Budget 2015 as part of the BIG REFORM:  1. PRESUMPTIVE TAXATION – Akin to GST in the indirect tax arena, even in direct taxes, I feel the tax payers would be happier to see simplicity…

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NO BANK

The media has been consistently reporting the (now) very public spat between the promoter families of YES bank. While it is not an issue that necessarily takes the center stage in the context of the Indian economic or corporate diaspora, it is one which surely provides insight on human nature and tendencies.

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MANY A SPILL BETWEEN THE CUP AND THE LIP

Yesterday we all bore witness to the announcement of one of the largest acquisitions involving purchase of shares and majority control of an Indian company, namely Cairn India, by a foreign resident. The transaction contemplates Cairn India’s parent Cairn UK which presently holds ~ 62% of the paid up equity capital of the former, divesting…

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BUDGET 2010 – WHERE IS THE BIG REFORM???

  Well…Pranab Babu presented his career’s 6th budget on 26th February 2010 spanning over a period of 3 decades…which is a BIG feat I guess…but the question it left me mulling over, same as the budget in 2009 after the Congress led UPA got an unequivocal mandate from the Indian voters….where is the BIG reform????

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