Further to my previous post on how corporations in US are still doing well (with highest proportion of companies with positive EPS) and how we’re still not going to have recession this time, The recent economic news for emerging economies like China are already showing signs of marginal rebound
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The last time RBI had issued banking licenses was 2004; Kotak Mahindra Bank and Yes Bank were established. We have seen the kind of wealth creation that they were able to create in just six years. However, RBI seems to have a concern on how to improve quality to
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Do you remember wasting your childhood chasing Mario’s girlfriend on a TV videogame? Well good news for iPhone and iPad users is that the best selling video game “Mario” is now jumping to Apple’s platform post the failure of Nintendo’s 3DS console released in early 2011. The games developer
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A lot of people around had given up the hope that world is going down with recession after US was downgraded in last week from AAA to AA+. Yes, the stock markets have responded strongly as they have plummeted back to 2008 trends. But if you look around, you
» continue readingGold is an evergreen investment vehicle to hedge against economic, social and political crises. Since past few weeks, it is more popular as it is reaching new peaks day after day. In fact gold is behaving more like a currency than just a commodity. Past five years have shown
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United States of America, supposedly the world’s strongest country (both financially and military wise) is into yet another problem after it just tried to get up after the Global Recession in 2008. Few experts say the problem can be solved while others say it’s a trap and another Financial
» continue readingLet us start on a good note, M&A landscape is set to change as SEBI comes with new takeover code today. The high profile open offer trigger is increased from 15% to 25% and the non-compete fees is scrapped. In Mutual Fund segment, introduction of transaction fee (INR 100-150
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A recent study by Mercer’s 2011, Cost of Living Survey claimed that New Delhi (rank 85) is India’s most expensive city followed by Mumbai (rank 95). The Brihanmumbai Municipal Corporation (BMC) seems to have been taking steps to improve Mumbai’s rank and have designed a new policy which will
» continue readingOne of the very early mascots of India,”Maharaja” is easily recognized as it stands tall on the mammoth sky scraper at Nariman Point (Mumbai). In 1946, Tata Airlines was converted into a public company which was renamed as Air India. The move was explained by the GoI as something
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Inflation is India’s biggest problem now (apart from corruption, scams, parliamentary standoffs, corporate governance). Of course every emerging country has to go through this phase once in its growth phase. Theoretically, some proportion of inflation is necessary for the country to grow. But the problem begins when the inflation
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