The stock market is a place where people with experience meet people with money. And after a while, the people with experience have the money and the people with money have the experience! We seem to be stumbling from one frenzy to another; from cryptos to NFTs (Non-Fungible Tokens) to SPACs (Special Purpose Acquisition Companies)…

Indian economy, it appears, is firing on all cylinders. The bond and equity markets are rocking with both domestic and global funds chasing Indian assets. IPOs keep hitting the primary market at a scorching pace and the accelerating credit off-take pushing banks to flirt with a credit deposit ratio of 80%. The buoyancy in tax…

Those who wish to explore the concept of Fiction of Law will find interesting examples of the same in the labyrinthine maze called Income Tax Act 1961. A legal fiction in simple words is defining something to be true for the sake of convenience. Of course, “convenience” is something that the government of the day…

Given that we have a chastened, yet fairly entrenched ruling dispensation, it was not surprising to find sycophants galore trying to out-do each other in singing the virtues of the first budget of the Modi 3.0 regime. This is not to say that the budget is devoid of any positives. Despite pressures of a coalition…

There are countless people who saunter through life and muddle through many a crises and when overwhelmed by challenges, scream for help from all and sundry or seek solace from the good book which says: “Look at the birds of the air: They do not sow or reap or gather into barns; your heavenly Father…

“It was the best of times, it was the worst of times. It was the age of wisdom, it was the age of foolishness. It was the epoch of belief, it was the epoch of incredulity. It was the season of light, It was the season of darkness. It was the spring of hope, it…

Given that the general elections were round the corner, it was expected to be a Vote On Account, but eventually it turned out to be more than an interim budget. Budget 2024 -25 is distinguished by the following features: Fiscal Prudence: While the fiscal deficit in the revised budget estimates for FY24 came in at…

Market aficionados at the moment are quite possibly fixated on the imminent central budget, if only, to speculate the future course of capital markets. But budgets may come, budgets may go, MFs have continued their triumphant march. Every time Nifty makes a life time high, we witness some champagne popping, but hardly anybody seems to…

Many epithets have been hurled at the latest annual Conference of Parties (COP) on climate crisis. It has been called, among others, a mere talking shop, ambition without sincerity, much ado about little and a cop out. But these conferences have covered considerable ground in addressing climate crisis, apart, of course, from raising awareness of…

Gradually, unobtrusively the Initial Public Offer (IPO) market in India is undergoing quite a few changes and most of them for the better. The quarter ending September 23 has been the best ever since 2014 New companies entering capital market is essential for a vibrant, innovative and growing economy. Some of the well known bigtech…