The pandemic is nothing like we have ever seen. Both our minds and our money are under stress. Five things to think about.
AT1 bonds were sold by bonus-seeking RMs of Yes Bank to FD holders and zero risk investors. This is mis-selling and fraud.
The banks have been used by the political system to fund elections and themselves. When private owners begin to mimic them, you get a YesBank blowup.
Women are conditioned to stay away from money management but it harms their future selves to delegate this one thing
Just attended a Will party where the old couple signed off in our presence their Will. We got a nice afternoon spent with friends and a lunch!
PK liked your Tweet The LIC disinvestment is important for many reasons. 1. Will open up their books 2. Will deepen markets 3. Will allow the conflict between shareholder and policyholder to come into the open
When you let babus take control you get what is #Budget2020 Directionless and needlessly nitpicking.
To squeeze the rich more in #Budget2020 will be like putting an already spent stick of sugarcane through the juicer. @FinMinIndia and @nsitharaman need to find ways to get those escaping tax to pay. My column in @livemint
India needs a new growth push and unless we clean up the state intervention designed in an earlier era, the next push is difficult.
Why stock markets are ignoring angry Indians and a slumping economy 1. Thick domestic cash pipeline 2. Foreign money 3. Expectation that economy is bottoming out (And no, there is no rush to blue chips from mid and small caps!)