By the end of this week, you will be inundated with ‘resolutions’, ‘budgets’ etc. So obviously this is one more attempt. I know many young couples struggling to make a budget, then not liking what they are doing and soon abandoning it. Some others of course, have not even made a start and they keep […]
The Chief called for a meeting. In attendance were the heads of: The National Anti-Terrorist cell (called NAT) The National Anti-black money cell (NAB) and: The Cashless Honest Economy Evangelist (CHEE) The Old Man from the Village (Old Man) The head of Patriotism, Morals, and Rectitude (known as Spin Doctor) The Chief looked […]
Views of Mr. Avnish Jain, Head – Fixed Income, Canara Robeco “The status quo in rates in the RBI policy has come as an unpleasant surprise since most market participants were expecting at least a 25 bps rate cut, some even a 50 bps rate cut. RBI has held rates steady despite the fears that […]
There were many dire predictions about the equity market in the wake of Demonetisation. It also coincided with Donald Trump’s victory. Some of these predictions even looked correct and sounded intelligent when we heard or read it. It was proved right when I saw the S&P 500 immediately collapse 5% on the evening of the […]
Demonetisation has a lot of impact on the markets. Equity markets and debt markets. Let me think what will happen in the debt market…MY VIEWS…NOT A TIP…CONSULT AN INVESTMENT PROFESSIONAL BEFORE YOU ACT. I AM NOT SOLICITING BUSINESS…AND FRANKLY DO NOT CARE WHETHER YOU BUY, SELL, GO SHORT, GO AND DO A LEVERAGED BUY, BET […]
The government’s decision to remove high-denomination notes from circulation and replace them with new ones as a positive for the economy. In the short term the weakest portion of the economy – the vegetable vendor and the nomadic people, etc. will suffer and suffer badly. However, this step seems to be one more logical step […]
The sudden and abrupt announcement by the government to make the currency notes of INR 500 and INR 1,000 invalid as legal tender from mid night of 8 November is part of the government’s attempt to crack the whip on black money and fake currency, says India Ratings and Research (Ind-Ra). This comes after the […]