Manipulation in the derivatives segment is easy. Time to make a few changes

Single-stock futures create room for enormous manipulation. The National Stock Exchange (NSE), which dominates the futures market, does not care because it gives the NSE handsome revenues. Everyone except the regulator can smell it, but the regulator has a perpetual nose block.

Price manipulation starts...

Why are we lowering already low accounting standards?

It is time the annual reports of Indian companies carried a disclaimer that says ‘Any resemblance to reality is merely coincidental.’ I am always amused by the two-faced statements that emanate from both, government and private companies, about the disclosures in accounts. I am talking about the flexible accounting standards followed by...

Ignore the election noise. Stay focused on company earnings and global economic trends

Yet another general election is upon us. According to a few broker reports, the elections’ outcome is extremely crucial to the stock market. In fact, one brokerage report says that election results are the second most important factor after global trends. Given today’s circumstances, I believe that the...