Do it yourself

Thought for the day "Always fall in with what you're asked to accept. Take what is given, and make it over your way. My aim in life has always been to hold my own with whatever's going. Not against: with." -           Robert Frost (American, 1874-1963) Word for the day Baleful (adj) Full of menacing or malign influences; pernicious. (Source: Dictionary.com) Malice towards none Kirti Azad has thrown hint of traitor within the BJP. Most observers who keep a close watch on Raisina Hills are claiming to have unraveled the mystery. What da' ya' say? Finding the balance - II As discussed yesterday ( see here ), the incumbent government needs to find a balance between the laissez-faire model that it advocates and the current variant of Nehruvian socialism model that is in vogue. The government has however not made any notable progress in achieving this delicat...

Thought for the day " The brain is a wonderful organ; it starts working the moment you get up in the morning and does not stop until you get into the office. " -           Robert Frost (American, 1874-1963) Word for the day Unquiet (v) Agitated; restless; disordered; turbulent (Source: Dictionary.com) Malice towards none When Indian telecom industry will become a utility service from investors' viewpoint? Finding the balance - I The current economic model being pursued since economic liberalization started in 1991 is largely a distortion of the classical Keynesian model that advocates a larger role for the private enterprise with active state intervention during extremities of business cycle and argues against higher savings in both private and public sector. The Keynesian model has its genesis in the great depression and mostly found useful during larger economic crisis. A...

  Thought for the day "Don't ever take a fence down until you know why it was put up." -           Robert Frost (American, 1874-1963) Word for the day Yestreen (adv) During yesterday evening. (Source: Dictionary.com) Malice towards none To set an example, should AAP practice a pro-forma right to recall in Delhi?   Nifty poised critically: below 7850 floodgates open On weekly charts, Nifty is poised precariously close to its major support range of 7800-7860. A weekly close below this level will open the way for a material correction (~10%) from that level. A weekly close below 7200 will complete 20% correction from the March highs and establish a medium term bear market, in which case 8450 level will act as ceiling for next 36-52 weeks. The market breadth has completely cracked last week suggesting that broader markets may underperform henceforth. For confirm...

Thought for the day " In the name of God, stop a moment, cease your work, look around you. " -           Leo Tolstoy (Russian, 1828-1910) Word for the day Eternize (v) To make eternal; perpetuate. (Source: Dictionary.com) Malice towards none The jingoism seen in media over an army operation is not unprecedented. We have seen it before. The question is - 'is it avoidable?" or they must do it. This jingoism is not new Besides the daily soap opera of Delhi government, some events that occurred last week need to be evaluated to find if some paradigms are shifting. The most talked about event was the reported hot pursuit of Indian army into foreign territory to neutralize the terrorists who ambushed and killed army personnel in Manipur recently. The government officials tried to convey the message that India is no longer a soft state. The media also played along in...

Thought for the day "The law condemns and punishes only actions within certain definite and narrow limits; it thereby justifies, in a way, all similar actions that lie outside those limits." -           Leo Tolstoy (Russian, 1828-1910) Word for the day Quidnunc (n) Person who is eager to know the latest news and gossip; a gossip or busybody. (Source: Dictionary.com) Malice towards none Though the flyers must be loving it, but is the price war in skies really good for the health of the sector? Couple of more Kingfishers and the rest will kill the pessangers. Weather is turning cold and windy The infrastructure project lender IDFC has taken lead in implementing the latest RBI mandate for more effective handling of financially stressed infra assets. It has evicted the extant management of a Chhattisgarh based power producer SV Power which had repeatedly defaulted on its debt...

Thought for the day "It is amazing how complete is the delusion that beauty is goodness." -           Leo Tolstoy (Russian, 1828-1910) Word for the day Urbane (adj) Having the polish and suavity regarded as characteristic of sophisticated social life in major cities. (Source: Dictionary.com) Malice towards none   Congress will end up post Bihar elections as: ·          Phoenix ·          King maker ·          Loser ·          Pawn ·          Cipher ·          Other (pl specify) Finding a suitable match for your child Anil Agarwal led Vedanta group is reportedly considering merger of its energy arm...

Thought for the day "He never chooses an opinion; he just wears whatever happens to be in style." -           Leo Tolstoy (Russian, 1828-1910) Word for the day Aggrandize (v) To widen in scope; increase in size or intensity; enlarge; extend. (Source: Dictionary.com) Malice towards none As things stand today morning, it's between Lalu and Modi in Bihar. Supporting cast includes Nitish and Paswan. Rahul plays a cameo. All coal is not diamond I can understand the political viewpoint in running Air India, BSNL/MTNL, BHEL, Coal India and scores of mid and small sized PSU banks. What I fail to see is the rationale behind an investor buying the stocks of these companies. There is enough empirical evidence to show that the private competition has eroded market share and profitability of public enterprises. HMT, MTNL, Air India, SAIL, BHEL etc are good examples ...

Thought for the day " If you want to be happy, be. " -           Leo Tolstoy (Russian, 1828-1910) Word for the day Gainsay (v) To deny, dispute, or contradict. (Source: Dictionary.com) Malice towards none Will the government stop at Maggi? Or should it? Demographic dividend or EMI Millions of reams have been used to write and publish about the demographic characteristics of India. Many stories, themes and strategies have been built around the young demographic profile of 1.25bn Indians. Almost all these stories and strategies recognize the young Indian as a great opportunity - "Demographic dividend" for the Indian economy. Of course few of them have words of caution also. Failure to channelize this vast reservoir of energy into productive streams may not only dissipate the demographic dividend but also prove to be counterproductive in terms of widespread civil ...