I am presenting my long term market outlook via this presentation. The long term bull story for India is very strong although markets might run ahead of themselves in the short run. The Indian Economy is likely to see a Structural Transformation which will create huge wealth for Long Term Investors. Attaching the presentation as […]
Read MoreWith the significant fall in commodity prices over the last 2-3 months and its resultant impact on both CPI and WPI expectations have grown that RBI will cut policy rates in the December policy. These expectations have also grown with the dismal growth numbers coming out of the Indian economy where growth seems to be […]
Read MoreI turned sceptical on the markets around 6-8 weeks back as the USD rally started in a big way and it became apparent that the Global Growth scenario wasn’t looking as good as it seemed in the middle of the year. Since then most global markets have corrected by 10-15% from the top. The US […]
Read MoreI have overall been a supporter of Raghuram Rajan since the time he was appointed as RBI governor. My view has always been that we need someone who understands economics well and can look into the future to formulate policies as RBI governor instead of ex Bureaucrats that we have traditionally got. RBI’s thinking and […]
Read MoreMY ARTICLE IN THE HINDU BUSINESS LINE TODAY Stocks markets worldwide have been on a runaway up move for the last several months. We have seen some intermittent corrections, but those have been shallow and of a very short duration. Although I am quite bullish on the markets over the Long Term the near term picture […]
Read MoreIn recent days we have seen the Competition Commission of India (CCI) either starting investigation or imposing fines on companies in several industries with respect to potentially cartelization. We have seen fines impose on Cement and Auto Companies along with some Real Estate companies. However much more needs to be done. The issue of inflation […]
Read MoreThe Bull Market in developed markets like the US, Germany and UK have been now on for the last 5 years. Most developed markets have doubled or more from the bottoms of 2009. However in the case of most Emerging Markets we have seen turbulent periods over the entire 2009 to 2013 period where we […]
Read MoreUnlike most other policy actions of the government the entire process of disinvestment as being reported in the media has similarities to the Destructive Disinvestment of UPA Government. In recent days we have read about proposed disinvestments in ONGC, SAIL and Coal India. Initially when the entire disinvestment programme was launched in a bigger manner […]
Read MoreWell the Union Budget has come and is through now. I will not write in details as every news channel and every business paper tomorrow will be full of analysis. I will just do a brief macro commentary on how I see the Budget. Firstly I do believe that the Budget is growth supportive and […]
Read MoreThere has been lot of hype around the EL Nino and the likely shortfall in rainfall in India this year. In my previous article I had pointed out that the two major indicators that impact monsoon rains in India i.e. Southern Oscillation Index (SOI) and Indian Ocean Dipole (IOD) had turned neutral to positive for […]
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