Given the fact that men like him are rare – ever brimming with self-belief, ever obsessed with results and ever impervious to condemnation - both his admirers and detractors will feel his loss, what if not in equal measure. IIFL pays tribute to Lee Kuan Yew, the architect of Singapore’s phenomenal transformation into Asia’s premier financial superpower.
Hail him as the Next Bradman or call him the New Richards, his pristine talent is never devoid of his priceless temperament. One of the best students of his sport, AB de Villiers imparts many an invaluable life lesson for our benefit – whatever our passion, whatever our profession.
The cardinal rule of learning is that nothing can be taught. There is no structured way; nature itself is the source of learning.
That Mozilla is wedded to the larger cause of internet freedom is an indisputable fact but going by past controversies and recent developments, the open-source campaigner has left much to be desired in clearing the air on the perceived dilution of its community interests in complying with elusive market diktats. Open source is indeed a community need but it can’t condone the need to open up with the community.
Prices can drift lower towards the crucial support level of US$43/bbl. Breach of the same can also propel the prices towards the abysmal low of US$33/bbl.
The current economic landscape poses various crosscurrents, implying that the central bank will remain irresolute regarding the interest rate trajectory.
The individualism of the Austrian economic thought – call it methodological or plain logical - deserves acknowledgment ahead of analysis. Far from blind worship or brutal dismissal, we also need to collectively enhance the import of this non-conformist philosophy whose presence is more important than its predictions.
Recent decline in oil prices have also aggravated the deflationary situation. European economy is particularly bearing the brunt of lower oil prices.
The finance minister has delivered a practical budget…
Commitment to simplify laws, ease administrative processes and move up on the parameters of 'ease of doing business' are not quantified by the markets but do benefit over long term.
Markets are now reinforcing the perception of an early interest rate hike by US Federal Reserve, wit... Read more
On outlook, although US oil producers are scaling down on capital expenditure plans, they are learni... Read more