Dream Budget

The Finance Minister wanted feedback on what the businessmen really thought about his Budget and engaged in an informal chat with some of them. He started by making a short speech on how we need to have an ‘inclusive’ system and how we must all rise above our interests and see the big picture. Here is an excerpt from the exchange that followed: R Shesh, the CEO of a four-wheeler company and...

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  • Warming Up?

    When the market was rising, it was not because of strong fundamentals alone. The crash too is devoid of any fundamental logic. Somewhere in between, lies value. How do you go about understanding it? Debashis Basu explains

    Every bull market needs the fuel of money to keep going. The Indian bull has been fuelled almost entirely by ‘foreign institutional investors’ (FIIs). This magazine...

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  • Big Picture, Weak Linkage

    Welcome to macrowave investing, an esoteric way of playing the market. Is it just another way of losing money?

    Books on stock markets come in many varieties. The vast majority is on technical analysis. They are all of the same kind (we have reviewed one here). Then there are books about successful traders (autobiographical or otherwise), which are very inspiring. A small number is on market...

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