With a shoreline of around 7,600km (if we include Lakshadweep and Andamans and Nicobar) and perhaps some of the best views that nature can offer, India should abound with marinas populated by yachts huddled together. India could have a thriving yachting community; but we do not seem to believe in marinas, which can create a global community that intermingles with the locals, imbibing local...

Chinese stocks tanked – before and after the Olympics. Another market myth busted

It is the job of business newspapers to fill up the columns with some news everyday and of business TV to fill up the airwaves 24 hours a day. You will be lucky if you find something of long-term value there. But what you will certainly find aplenty are market myths propagated by the so-called experts. Like,...

He has been right more often than wrong. But more important, Jim Rogers is the most entertaining person to interview today. Here are excerpts from an interview he recently gave to www.moneymorning.com

Coming Shocks: Every shock, so far, has been worse than the last shock. Bear Stearns was one thing and then it’s Fannie Mae and now Freddie Mac). The next shock’s going to be bigger still.

On...