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Showing posts from April, 2015

What is it we really want?

Thought for the day "Tact is the art of making a point without making an enemy." -           Isaac Newton(English, 1642-1727) Word for the day Veridical (adj) Truthful; veracious; corresponding to facts; not illusory; real; actual; genuine. (Source: Dictionary.com) Malice towards none Indians have this natural tendency to support the underdog and humble. BJP knows it well. They have seen this in 2009 MMS vs. LKA contest. Do we believe what we know? What is it we really want? To accelerate the economic growth in order to generate more employment and improve the quality of life of Indian populace, the country needs huge amount of capital. Various economists, government agencies and expert committees have suggested that to attain optimum level of employment Indian economy would need to grow 8-10% CAGR for next decade or so. The capital investment requi...

Not worried as yet

Thought for the day " I do not know what I may appear to the world, but to myself I seem to have been only like a boy playing on the seashore, and diverting myself in now and then finding a smoother pebble or a prettier shell than ordinary, whilst the great ocean of truth lay all undiscovered before me. " -           Isaac Newton(English, 1642-1727) Word for the day Culturati (n) People deeply interested in cultural and artistic matters. (Source: Dictionary.com) Malice towards none Mother Nature for sure is extremely annoyed. Does someone has a plan to pacify Her?   Not worried as yet The Indian benchmark indices have corrected 10% from the all time high level recorded last month. Broader markets have also witnessed similar erosion in stock prices. As of yesterday, the YTD net return for 2015 is marginally negative. In strict technical terms, Nifty has ended the yesterday trading ...

Beyond the view of sky scrappers

Thought for the day " I begin with an idea and then it becomes something else. " -           Pablo Picasso (Spanish, 1881-1973) Word for the day Intenerate (v) To make soft or tender; soften. (Source: Dictionary.com) Malice towards none Why the conscience of the studio experts is shaken only when a crime - rape, suicide, murder, etc. - occurs in Delhi? Beyond the view of sky scrappers India, one of the best performing markets in 2014, is doing badly in 2015. Sensex is flat on YTD basis. This is despite Rs528bn net foreign portfolio investment flow into equities (upto 25th April). The YTD returns in Indian equities compares with China (36%), Russia (33%) and Brazil (11%). The following news in last week's newspaper adequately summarize the reason for India's underperformance: *          Foreign investors upset over retroactiv...

US economic growth trend to remain weak through 2040

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  Thought for the day " Success is dangerous. One begins to copy oneself, and to copy oneself is more dangerous than to copy others. It leads to sterility. " -           Pablo Picasso (Spanish, 1881-1973) Word for the day Gauche (adj) Lacking social grace, sensitivity, or acuteness; awkward; crude; tactless: (Source: Dictionary.com) Malice towards none First chaiwala and now suitwala! Can't wait to hear next speech of PM Modi - when he tears into the fabric of Congress party. US economic growth trend to remain weak through 2040 Annual Energy Outlook 2015 (AEO2015) released recently by the United States Energy Information Administration (EIA), highlights a number of interesting trends in global growth and consequent impact on energy consumption and pricing. The report presents a base case for the energy outlook over a period till 2040 (the AEO2015 Reference ...