Dear all, Would like to share with you our short opinion on the Budget by Rajesh Pherwani – In my investment career spanning more than 2 decades, I have witnessed every Budget’s obsession with fiscal deficit and subsidies. However, the tide has turned over the last few years. The fact that this budget is focused … Read more
The Budget has been full of green ticks for us as investors. We are clearly getting what we wanted Productive expenditure by the Government and a lesser burden on the common man to raise revenues. For many years in the history of my investment career (24 years and counting), I heard economists and the investing … Read more
India’s Finance Minister has been making regular announcements on TV every Friday. Each time, she addressed issues to revive the economy and industry. With GDP at a 7-year low of 5% in Q1FY20, manufacturing growth at 0.6%, and agriculture growth at 2%, it was time to act. Some of the measures announced by her included … Read more
The biggest event in the last 5 years (due to arrive in April) is the 17th Lok Sabha elections. On the cusp of this event, we have witnessed a lot of apprehensions amongst investors on what could be the potential impact of a weak government mandate (such as a hung parliament and weak coalition) on … Read more