On Saturday evening RBI announced that banks will need to maintain a 100% CRR on deposits received between 26th Sept and 11th November. This will suck out around Rs 3 Lakh Cr from the banking system. ...Read More
There have been several negatives that have been spread about DEMONETIZATION over the last few days, largely by opposition politicians and some by left leaning economists. The primary among them are, ...Read More
It has now been three days since demonetization was announced. The initial euphoria among the middle class as well as honest tax payers has given way to some sort of misgivings due to the slow process...Read More
It’s been some time since I wrote on the markets and the main reason was to let the event of the US Presidential Elections get over. However on the same day we also got hit by Demonetization as anno...Read More
It has been an uneventful month for the Stock Markets after the strong rally seen over the last few months. The August was like most Augusts’ that tend to be boring. The boredom got released a bit y...Read More
Yes you are right PESSIMISM. It is amazing the kind of scepticism that thrives all around today. Most people are not willing to believe that a recovery is on and that the macroeconomic scenario in Ind...Read More
Bash the Central Banks is a common theme that goes on all the time across various discussion forums and from Economists of different Hades and hues. However the fact is that most of them would not hav...Read More
The Union Budget was presented today. Normally budgets are taken as a statement of intent of the government and give a directional view of where they want to take the economy and the country going for...Read More
We are now at the fag end of the results season for the third quarter. Most results have been in line with expectations except for the Banking sector where a Raghuram Rajan propelled cleansing left mo...Read More
The crash in the markets since the end of December caught most, including me by surprise. Although I was perturbed by the continuous and unbridled rise of small and mid cap stocks the divergence where...Read More