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 ...
Many a times we make mistakes, some times we are not taken seriously and sometimes we meet with failure too. Intellectuals as well as idiots are often in love with their own selves, their own ideas and will seldom listen to you. Even in the stock markets, when I regularly come across super-intelligent people every day, many a times, our thoughts and perspective differs. This difference of opinion, will always be there. One must understand to live with it and respect it too. Some people are hot-headed and blunt, and you may feel hurt at times. Some are way-too frank and you may also feel slighted by their way of talking, even when they may mean no harm. How to deal with these? Should you get angry or ignore it? How to deal with rejection and, sometimes disappointment? Let me remind you, Krishna, was a simple cowherd to many. He was the best of statesman, a fierce warrior, yet he often maintained his visage of the humble and lovable Gopala. Despite being the incarnation of L...
I was witnessing with great sadness and despair as a neighboring nation, which once sported an open and progressive society and economically too was making a mark in the world, is now on the verge of getting enveloped in the thick black smoke of hate and violence. Politically, and strategically, such a decline will undoubtedly leave a more difficult (and dangerous) regional equation for countries like India. However, the deafening silence of our own liberal-left on the clear and present danger and on the human crimes (be it beheadings or hangings etc) clearly exposes how shallow their own “liberal” and “secular” ideologies are. While talking about this international situation, I am only painting a backdrop to the ever-darkening atmosphere for India. In this light another of our neighbor, who is growing more powerful and belligerent with each passing day, we at our present state of affairs, are ill-equipped to compete against. This neighbor, lets call it Red-2, is taking multi...
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