Tens of dollars of Participatory Notes helds by foreign investors will have to unwound. It was necessary but it will make the stock market volatile. The risk has suddenly gone up.

In our cover story (28th September-11th October issue), we had forecast that we are entering a new bull market following a startling cut of 50 basis points in the US Fed Funds rate on 18th September.

But we...

SBI has many valuable parts. But the Bank does not want you to know them

One of the newspapers recently carried a report that more than 100 companies are trading at a P/E of over 100. However, the report left it at that, without bothering to find out possible reasons for it. One reason could be the hidden value of subsidiaries or other investments that the market may be factoring in and not...

Framing rules for all situations demanding discretion is tough

Most job interviews are a big challenge for interviewees, in the area of discretion. How much should you tell? What should you not tell? Will your decision to not tell be taken as ‘you don’t know’? Or will it be taken as ‘you are not cooperating – you are too secretive’? Whatever may be the opinion, you will not get the job! I...