Surprises happen, often Taking a step back, we had no clue about the PM’s announcement about the de-monetization (banning of Rs 500 & Rs 1000 currency notes) and are still to come to terms with the impact and the after effects of the move. Neither had anyone any idea that a certain Donald Trump, a political first-timer, will be elected the President of the US of America! But both events happened, and took most, if not all of us, by surprise. Coming back to Indian markets, the commentators are as divided on the economic and political impact of the anti-black money drive on the common man as they were clueless about such an event unfolding. However, prima facie, I see the following likely outcomes: Rise in deposits, will bring down rates: If the so far, surge in bank deposits (Rs 4 lakh crores so far; ~4% of total deposits) are anything to go by, the move may shore up bank deposits which in turn would swell short term liquidity in the system, putting downward ...
Dear Shri PM ji, Thanks for speaking out and calming us finally, days after the tragedy that happened on the streets of Delhi. Sir, we would like to believe that your feelings of concern for the victim are indeed true and genuine. We thank you for the deep empathy you displayed for the young protestors braving the Delhi cold, getting drenched by water cannon, beaten up by Police batons, shot by tear gas shells while demanding a safer city for women. Your words of calm and reason are soothing balm to a troubled nation. We already feel better. But sir, YOU are the establishment. You don’t demand results , but, it is you who should deliver RESULTS . The people are angry because each day their wives, sisters and daughters are condemned to live in a state of fear of the goons and criminals. Women are afraid to step out after dark in the capital of the country. Even women of foreign countries are regularly issued advisories suggesting caution. Z plus security ...
My journey and moments with the little master -by Ashutosh Garud (guest) On 23rd December 2012, Sachin Tendulkar showed he is human after all. Yes he retired from ODI’s. Somewhere deep down in our hearts, the fans (including me) were anticipating the moment to be around the corner. I was 8, when he debuted and honestly I don’t remember his first runs and innings. A 16 year kid was hitting unbelievable strokes against some very established names. Understandably, his popularity was meteoric. Before I could realize I was sucked into his silky stroke play and for me Sachin became a synonym for cricket. Discovering Sachin the batsman... When I started playing serious cricket (the gully cricket was of course serious cricket), I started holding the bat right at the bottom of the handle and chose the heaviest of the bats available. So what if that made the cut, pull and the sweep shots much more difficult for me. After all I had to follow the way Sachin played, right? I use...
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