Budget was a neutral event. Although some of the feared measures didn't come through, the FM missed a huge platform to deliver a dream Budget.
Indian Equities cracked on global rout. There are some India specific issues, but lot of things going for us as well.
The Reserve Bank of India's (RBI) proactive measures to make it binding for banks to recognise stress through asset quality reviews is indeed laudable. Expectedly, bulk of its impact would be on the on the public sector banks, which are stuck in a cesspool of stressed assets.
Excerpts from cover story interview on Indian equities outlook to Dalal Street Investment Journal.
The next year promises a host of goodies to the domestic market and Indian investors, and India's GDP growth rate will hopefully surpass China's annual rate of growth!
If you are an investor, stop worrying about the market as a whole for a while. Instead, think of the wholesome market that chosen quality scrips offer. This way, you look at the opportunity, not the volatility. Focus on fundamentals and don’t get unduly judgmental.
Excerpts from interview on the Government so far, featured in the Economic Times cover story.
Planning for retirement is no longer solely about the mandatory PF and Pension calculations done in the fag-end years of employment or business. In an era where retirement itself has become fluid and relative, we need to take a more holistic view of an impending life of new realities.
The finance minister has delivered a practical budget…
What the Finance Minister may do on Budget day?