Prelude to Union Budget - 1
Thought for the day "The only way not to think about money is to have a great deal of it." —Edith Wharton (American, 1862-1937) Word for the day Ad absurdum (adv) To the point of absurdity Malice towards none Silence was never so glittery as it is today. #Manishankar Iyer # PChidambram #GVLNarsimharao First random thought this morning China is still far from being recognized as a developed economy. Nonetheless it has started behaving like one. Ignoring short term concerns, it is acting ruthlessly to check pollution and spiraling debt. It is keeping its currency stable, and continues to open its markets. It is assertive on geo political issues and shown great ambitions in terms of CPEC and OBOR. We certainly have many lessons to learn from Chinese, keeping all our prejudices aside. Prelude to Union Budget - 1 I spent the weekend reading reports published by various market participants highligh...