The Small Voice

Here is an oven fresh take on Gangs of Wasseypur.  The movie is set in the coalfields of Jharia (Dhanbad) and Wasseypur. For the uninitiated, Wasseypur is a small part of Dhanbad town, largely populated by Muslims. The economy of Dhanbad was largely sustained by the lucrative coal mining business since British times and continuing till present. Just do a google search on Dhanbad + mafia and you will get the dope. Coming to GOW, the story is a revenge saga in the backdrop of the coalmines. Earlier too, some movies have been made on the backdrop including the Yash Chopra directed, Amitabh Bachan starrer Kala Pathar (1979). Frankly speaking, I was kinda bored to death with the archetypal Mumbai based “bhai” or gangster movies. Every movie was showing the same locales, the characters mouthing the same mumbaiya language, and even their antics and pranks were cliched and done to the death with minor changes here and there in various films. There was hardly any novelty left in t...

HA HA HA!!! After the unexpected 50 bps cut in the last meeting, the Finance Minister and various other political babus were almost hunkering on the RBI to cut the rates further and kick start growth. The RBI, on the other hand was in no mood to oblige, and play cover up for the fallacies of the government. Hence it did not cut interest rates in its Midterm policy review. More so, the document clearly stated that the growth slowdown had more to do with the policy paralysis and the fiscal mismanagement and profligacy than the interest rates. I believe this is the bluntest rejoinder that the RBI can give to the government to first clean up its mess and get its act together before expecting RBI to go easy on loosening the economy rates. Whatever be the policy response, if any, though the markets may have taken it negatively yesterday. However, I believe that sooner or later the investors should come back because of the following reasons: By its actions, the RBI h...