PART 1 – Brief global overview Over the last few months we have had various forecasts on the way the global economy will grow and stabilize following the sharp downturn in growth over the last one year. There have been various forecasts from professional economic forecasters, IMF etc. etc. on the shape and likely speed […]
Read MoreSure it can be, it’s very easy Recently there has been lot of talk about the phenomenon of “Crowding Out”, which in simple words means that the government through its excessive borrowing reduces the availability of funds for investment and consumer lending to the private sector and thus leads to a phenomenon of stubbornly higher […]
Read MoreThe press release Prabhudas Lilladher Group appoints Sandip Sabharwal as CEO – Portfolio Management Services Mumbai, May 5, 2009: Prabhudas Lilladher has appointed Sandip Sabharwal as CEO – Portfolio Management Services (PMS). PL Group is one of India’s leading financial services organizations, providing a comprehensive range of financial services to institutions, HNIs, retail as well […]
Read MoreI am writing about an issue that a large number of people who have borrowed from various banks over the last few years are facing today. This is also borne out by my own experience. Back in the years 2004-2006 when liquidity was ample most private sector and foreign banks lured investors into borrowing from […]
Read MoreAs most people in the markets were waiting for the Nifty to fall to 2200 levels it has actually rallied and reached a level of 3500 a whopping 60% higher than the most predicted level at the beginning of March 2009. This has created a scenario today where most fund managers, investors, speculators, hedge fund […]
Read MoreWho’s the fairest of them all ?I just cannot help but notice that the maximum numbers of hoardings these days on the Mumbai skyline are occupied by advertisements of a particular industry. A year back most of the hoardings were dominated by Real Estate companies and six months prior to that by companies looking to […]
Read MoreOver the last three to four months we have seen a number of rating agencies coming outwith their concerns on the rising fiscal deficit position of India and have indicated that they have put India on a rating watch for a possible downgrade. Not let us look at this issue dispassionately. The combined Fiscal Deficit […]
Read MoreYesterday the Reserve Bank of India came out with its policy review in which i believe the biggest positive is that the RBI has continued with its easing policy. In the background of the Economic Outlook published by the RBI a day back it was only prudent on its part to reduce interest rates by […]
Read MorePart II In part I of the article I wrote on the Anatomy of the bear market. Now I will cover what investors should be doing now. The three phases of the bear market made most investors move away from capital good, real estate, infrastructure, financial etc stocks into defensive bets like FMCG, Pharmaceuticals, Utilities […]
Read MoreThere are various parameters that were being used by analysts to measure the fear factor that gripped the markets in the year 2008, specially after the month of September when the rumors of financial institutions going down in the Western world started gaining ground and which culminated in the collapse of Lehman Brothers, a virtual […]
Read More