A finance ministry official says “If foreigners are allowed to invest directly in India, volatility will go down in Indian markets”. I am completely unable to understand this. Like I cannot understand what is wrong with Intra day or Intra month volatility! Markets have always been volatile – the question is how volatile that […]
Not very long back I was addressing a group of school teachers – in a big branded school. The school owners were worried about the government allowing foreign schools to come and operate in India – and naturally they were scared. When it came to my turn I asked the teachers: How many of you […]
Well nothing new in this post..we all know that Indians are good savers (hear hear…why banks in India are so profitable that even PSU banks make a profit)…well here is a study which was has been reported by Wharton…about India and China..nothing new, but presented in good style by Wharton’s magazine.. http://knowledge.wharton.upenn.edu/india/article.cfm?articleid=4578
Everybody and his uncle and aunt wants to talk about the great Indian entrepreneur..and how he is great. Well he is not great, he is generally s…ed. If he had a choice he would be in a happy government job, assured of an indexed pension, take leave to see the country…and generally be counting his […]
This is an old joke – and you will find it on the net… Albert Einstein went to heaven and God introduced him to 3 people. AE asked the first person ‘What is your IQ?’ he replied – 190 sir! AE said ‘we can discuss my physics theories’..he asked the second person the same question..the […]
Sorry Minister it is a Systemic Failure! If you have seen 3 scams (big ones) and bribing (rampant) bribing in PSU banks all your life, this so called scam should not come as a shock (or surprise) at all. Once in a while such transactions erupt and the news channels have something to scream about. […]
this post is partially repeated…there is a link at the bottom which is not a repeat… I am sure all of you know the cap seller and the monkey story. So why am I telling you the same story again? No this is not the same story, it has a twist. A capseller was looking […]