Indian stock markets look like “mushroom rocks”, top-heavy and delicately balanced, just waiting to be tipped over by bad news, of which there is plenty. Investors, whose stocks are part of the ongoing bull-run starting February 2021, could not care less having gained Rs.11 trillion, since May 24. This bonanza of wealth accretion, for the […]Read More The morality of stock markets
What was Finance Minister, Arun Jaitley’s press conference on Tuesday all about anyway? If the intention was to gain eyeballs, it succeeded. But if it was to allay fears about the Indian economy, it failed. Here is why. Misguided choice of communication medium First, the optics were all wrong. The finance minister had just returned […]Read More FM Jaitley’s press meet – more lobs than ground strokes
photo credit: http://www.dw.de Forty Eight years ago on March 23, 1977 India emerged from the darkness of a 21 month long “national emergency (Article 352 of the Constitution)” into the light of full restoration of fundamental rights. Indira Gandhi- the then Prime Minister, a feisty mother, tired of the excesses of her son- Sanjay Gandhi, […]Read More Lest we forget our “dark” non-democratic past
Subrata Roy the florid, flashy, brash promoter of the Sahara Group has been in Tihar Jail since March 4, 2014. The crime committed by him baffles most aam admis, including this one. The Supreme Court held way back in 2012 that his companies acted in contravention of the SEBI rules for public issues by unlisted […]Read More Subrata “Sahara” Roy: Victor, villain or victim?