Hotel sector had remained one of the worst hit sectors due to pandemic. Six quarters down the line and they are emerging with flying colours.
The U.S./ IMF just demonstrated to the entire world that it has the willingness and power to smash the ability of a world superpower to
After remaining in shambles for most of the last decade, real estate has come back with a vengeance in the last one and half years.
Finance Minister, Nirmala Sitharaman has, at last, acted upon one of her many announcements during the 2021 Budget presentation, by declaring the creation of India’s first-ever ‘Bad Bank. It will acquire all the NPAs of a bank at a price that is below its book price. It then will work to recuperate and turn around the assets by way of expert management, sale, or restructuring. How effective would be bad bank to solve the mega problem of NPAs?
Shivanand Pandit answers this big question.
In the present financial year 2021-2022, the government has increased the price of petrol 39 times and decreased once, while the diesel price was increased 36 times and decreased twice. In 2020-2021, the price of petrol was raised 76 times and reduced 10 times and that of diesel increased 73 times and decreased 24 times.
Sugar sector, for long, has always been considered cyclical in nature. Nevertheless, some structural change that is taking place now makes it a sustainable business and reduces the cyclicality.
Government Becomes a Laughing Stock! Even though the government has extended the due date for individual taxpayers to file an income tax return (ITR) till December 31, it is imposing a 1% interest for each month of delay beyond the original July 31 deadline.
There is a fall from the grace of his group in the last twelve years, nevertheless, the position is getting better and is much better than a year ago. This is in spite of the continuous bashing by a fifth-generation politician.
There is no difference between advertising products and peddling opinions in the press because they are paid to. Media barons’ business model and the belief that society will continue to produce similar response always and ever is terribly misplaced
If the government lays its full power on this and does not permit either unions or the bureaucracy or the opposition to disrupt its plan, this will certainly be a game-changer for the Indian economy. Otherwise, it will be nothing but the disposing of the family silver. And the mere dismantling of public sector undertakings that have played a crucial role in nation-building will prove poisonous for the country.
Whether against Vodafone or Cairn, the cost in terms of time and spoiled investment ambiance for the nation is much above any rewards to the exchequer. The government’s intention of imposing the sovereign right to tax will create tremendous confusion or misperception and adversely affect the investment atmosphere. For a nation famished of private investment in infrastructure, this is self-defeating policymaking. The NDA government would have scrapped the remorseful provisions of the Income-tax in its first Budget itself.
To win in games or investing, you have to be at least one step ahead of your counterpart. Many successful names believe that playing poker is the best off-time activity to improve investing skills. Some well-known names who play poker are Jack Ma, and David Einhorn, co-founder of the hedge fund Greenlight Capital.
