More Of ‘Hum Dekhenge’

A candid picture of life as an Indian bureaucrat

Two questions perplexed me after going through the book from cover to cover. First, the entire narration - all the anecdotes, experiences and observations are Leena Nandan’s. So why is her husband Jiwesh’s name there as an author? Is this a ‘gender’ problem? The other question pertained to the title of the book; I found no relation between the...

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Another Downleg?

The market may correct 10%-15% from the current level, before the next move up

The fantastic rally that had started on April 3rd may now be coming to an end. We have seen a rally of 3,300 points from around 12,500 in the Sensex. We will now probably see a fall of about 1,500-2,000 points due to a variety of local and international factors. Among the international factors, there could be a...

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Innovative, But...

The first international sector fund is here. Is it worth buying?

Every fund house is launching a gold fund, mainly an exchange-traded fund (ETF). As we mentioned earlier, DSP Merrill Lynch has a different approach to this category. Its draft prospectus had mentioned that it would invest in gold fund of funds. It now appears that DSP Merrill Lynch World Gold Fund (WGF) will put money mainly in...

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