Terror strikes Delhi…and a young lawyer, among others is killed. His uncle says…he had to stand in a queue to go in because he had not taken his coat. Fair enough, the human mind thinks like this. However his uncle should perhaps accept ‘If he had to die on Thursday afternoon in a New Delhi […]
Mark Mobius the famous fund manager (incidentally he runs the most disciplined scheme ever in India – Templeton India growth fund, the only fund in India that has been ALWAYS true to label) says the next ‘Dubai’ could be in Mumbai or Shanghai. One kid in our office excitedly rushed to me (working on the […]
As some of us have been saying, we’re witnessing the unwinding of one of the greatest financial bubbles of all time. Not just in India – much more so in the USA. Yet home prices will not simply go to zero like some shares did.(Remember Mazda, Silverline, Shaan, Indiana Dairy?) However DLF shares fell from […]
The last 30 hours have been overwhelming. Sitting in Navi Mumbai, I feel safe at having escaped this dastardly attack. It soon struck me that I am safe but only until the next attack. I was wondering whether we have got so indifferent to pain that we might end up saying “Oh, the terrorists have […]
I know it is difficult for many readers to accept that they are poor because they call themselves poor! Have we wondered loud enough about is India poor? I regularly see articles and advertisement for houses costing Rs. 10 crores (2.5 million US $) – and many of the houses being sold out. Are they […]