RBI Policy, Results, Economic Growth numbers to be supportive for Equities

The much anticipated RBI Credit Policy came out today and turned out to be less hawkish than most peoples expectations with the increase in policy rates as well as Cash Reserve Ratio (CRR) by 25 basis points as against the widely expected 50 basis points. The statements of RBI of being concerned about inflation as […]

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Shortening business cycles and the DTH Industry

The amazing facet of reducing business cycles is clearly reflected by the Indian experience in the DTH space where an industry which has a very low penetration has been besotted by the entry of a large number of players which has increased customer acquisition cost substantially and also induced severe price pressure on the industry। […]

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Pilgrimage, Astrology and the Markets

It is amazing the way pilgrimage to holy places has picked up in my life over the last couple of years। Last year I travelled to various places of pilgrimage as Vaishno Devi, Haridwar, Chintpurni Mata, Trimbakeshwar and the residing place of Baba Baalak Nath in a period of just around four weeks। Despite living […]

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Why the cement industry might not generate any big wealth for shareholders

I had written an article on the power generation business in India and how it is unlikely to generate any huge wealth for shareholders given the fact that there are too many players who have got into the business looking at the success of a few early entrants and how their expectations of huge returns […]

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RBI Acts, in time?

As a third part of its normalization act the RBI has initiated the process of monetary tightening on Friday by hiking the repo and reverse repo rates by 25 bps each. Earlier the RBI had removed most of the emergency measures introduced after the financial crisis blew out in October 2008 and had withdrawn a […]

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Interesting observations on mistakes in a downturn

Adapted by me from marketing to the overall gamut of the company’s operations I came through a very interesting article on the kind of mistakes that companies make while facing a downturn which ultimately ends up hurting them in the long run. This was part of an overall article on strategies being propounded by Philips […]

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Market outlook subsequent to the post Budget Rally

As expected markets have rallied sharply post the Union Budget and are up by nearly 6% from the day of the presentation of the Budget. There have been several factors that have driven the markets up. The first and foremost off course was the extremely low expectation from the event and the fact that the […]

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Micro Finance Institutions of India – Saviors or Rent Seekers?

The Microfinance (MFI) industry in India has grown rapidly over the last 3-4 years and as per latest estimates the total credit outstanding in this industry stands at Rs 12000 Crores and is growing at the rate of over 90% per annum. The repayment rate of MFI’s is an amazing 98%. Generally MFI’s are praised […]

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A very positive Budget

The Union Budget has finally come out on Friday after a long wait and this event was specially awaited to see the governments’ commitment towards economic reforms and fiscal consolidation. After the insipid Railway Budget and a dull economic survey it was important to see that the Budget has a focus and direction. The budget […]

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Markets shaping up for a sharp upmove

After a sharp correction in the month of January and the first week of February we have seen markets stabilize and have been trading in a narrow range over the last few days. There have been a number of news flows affecting the markets the prominent among which is the crisis in the PIGS countries […]

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