CATEGORIES

Importance of Self-Promotion

IF you are going to influence others and persuade them to your point of view, ideally it would be great to hold an important position, be highly visible, and know how to get your cause in the media, or even social media.

Berkshire Hathaway: Main Takeaways from the 2023 Annual Meeting

Berkshire Hathaway’s annual meeting has just concluded. Warren Buffett (92) and Charlie Munger (99) joined by Ajit Jain and Greg Abel on stage took questions from shareholders during a live event in Omaha. Berkshire Hathaway reported a $35.5 billion quarterly profit. Berkshire’s shareholder meeting always attracts throngs of people who admire Buffett and his longtime investing partner Charlie Munger.

TIME TO BUY NBFCs

The RBI's decision to halt the rate hike in the April MPC meeting is a welcome relief for NBFCs as it will prevent a decline in NIM and simultaneously boost loan growth.

Can India digitally leap-frog ahead?

Last year in October, the Prime Minister declared that in the last eight years, India has leaped from the eighth spot in terms of economic size to the fifth spot.

The Dangerous Illusion of Scientific Consensus

If there is a consensus, science challenges it with new hypotheses, experiments, logic, and critical thinking. Ironically, science advances because it believes it has never arrived; consensus is the hallmark of dead science.

White House Warns of 'Severe Damage' to Economy

New analyses by both the Congressional Budget Office and the U.S. Department of the Treasury suggest the United States is rapidly approaching the date at which the government can no longer pay its bills. History is clear that even getting close to a breach of the U.S. debt ceiling could cause significant disruptions to financial markets that would damage the economic conditions faced by households and businesses.

Fuel Your Portfolio With Gas Stocks

The Cabinet Committee on Economic Affairs has approved recommendations of the Kirit Parikh committee on natural gas and imposed cap or ceiling price to help cut CNG and piped cooking gas prices by up to 10%. From April 1, APM gas will be priced at 10% of the price of basket of crude oil that India imports. The rate such arrived at however will be capped at $6.5 per million British thermal unit as against current gas price of $8.57 per mmBtu.

The So-Called 'Market Wisdom'

It is said that the market will soar in the year before an election and stocks tend to rise or fall depending on the month. These are some of the oldest Wall Street aphorisms.

IPO: FY24 pipeline strong

The IPO pipeline this year is also very strong. A total of 54 companies are holding Sebi approval to raise Rs 76,189 crore.

JSW Steel reported its highest ever crude steel production

JSW Steel has reported its highest ever consolidated crude steel production at 24.15 million tonne in FY23, registering a growth of 24 per cent year-on-year.

Adani Wilmar Revenue Crosses ₹55,000 Crore

Adani Wilmar has achieved nearly 14 per cent growth in volume in the last fiscal, helping the company’s revenue to cross Rs 55,000 crore. The company’s total income stood at Rs 54,327.16 crore in the previous year. Adani Wilmar sells edible oil and other food products under Fortune brand.

Vijay Kedia's Mantras

This sounds very obvious but few of us have the courage to do this. In his blog, Vijay Kedia writes “If you follow certain principles in stock market, then the worst situation in market is the best situation to invest”.

Indian Drug Regulation Needs a VITAMIN

The Indian pharmaceutical industry ranks third internationally in volume. India is a chief exporter of pharmaceuticals with more than 200 nations served by Indian pharma exports. India supplies more than 50% of Africa’s requirement for generics, around 40% of generic demand in the USA, and around 25% of all medicine in the UK. Although India is proud of being the ‘pharmacy of the world,’ it would be right to say that the drugs regulatory bodies and laws must take the spate of oft-warnings more seriously. In the recent past, India has been beaten by a few mega pharma worries. The world mostly depends on the Indian pharmaceutical industry. However, growing worries over quality and the absence of drug regulations policy lead to the query of whether India is dwindling in its role.

FED'S MODELS ARE EMPIRICALLY FALSE

The Fed assumes so many things about markets that are simply false, like that markets are always efficient, for example. They’re not. Under volatile conditions like these they gap up and down — they don’t move in rational, predictable increments. Fed’s models are empirically false. Equilibrium models like the Fed uses basically say the world runs like a clock and occasionally it gets knocked out of equilibrium. And all you have to do is tweak policy or manipulate some variable to push it back into equilibrium. They treat markets like they’re some kind of machine. But Twenty-first-century markets aren’t machines and they don’t work in this clockwork fashion. The Fed uses equilibrium models to understand an economy that is not an equilibrium system; it’s a complex dynamic system. The Fed uses the Phillips curve to understand the relationship between unemployment and inflation when 50 years of data say there is no fixed relationship. James Rickards tries to put the record straight.

Bill Gates is at it Again Plotting a Global Pandemic Prison State

Bill Gates advocates once again for a Global Health Emergency Corps, ensconced at the WHO and managed by the same people who created the pandemic response this time around. In other words, it would be the core of the global government pushing more lockdowns for the world—lockdowns to wait for another round of vaccines. He has learned nothing from the last mess that he created. Indeed, he is completely shameless about it. In his view, the only problem is that we didn’t lock down fast enough, get vaccines out fast enough, and conduct enough research ahead of time to craft the perfect vaccine. Jeffrey A. Tucker says, Gates is the de facto owner of the World Health Organization himself, so his push for a permanent pandemic bureaucracy carries a lot of weight.

World Bank's Latest India Development Update

India’s growth continues to be resilient despite some signs of moderation in growth, says the World Bank in its latest India Development Update, the World Bank India’s biannual flagship publication.

Gautam Adani Not A Con

Gautam Adani’s life is a story of rags to riches. A college dropout, who survived two life threatening events, went to become world’s third richest man from the unassuming son of a modest textile trading family. In his way to success he did not play acon game as many claim.

The Endgame In Ukraine

US President Joe Biden has denied Zelensky’s request so far, but he previously ruled out sending tanks before finally giving in. The same thing will probably happen with the planes. What’s could be the Ukrainian’s next demand? This entire scenario is a long slow march toward nuclear war or the complete disintegration of Ukraine. The Biden administration has essentially turned the war in Ukraine into an existential crisis for the U.S. and NATO, when it never should have been. But the war is existential for Russia, and won’t give up. Is the U.S. just going to throw up its hands and concede Russian victory? NATO may actually disintegrate in the face of such spectacular failure. Maybe a desperate Biden orders troops into western Ukraine as a buffer against a complete Russian takeover of the country. That situation may quickly devolve into a direct war between the U.S. and Russia rather than the says that it’s becoming increasingly likely.

Mohammed Atique : A Trailblazer Who Created a Unique Socio-Economic Model

Mohammed Atique, Founder Chancellor of Maulana Azad University has never been to school for formal education, yet he has systematically uplifted lives of more than 45,000 students in last four decades of his social services in Education, Health, Community development, Waste to Wealth initiatives and skill development programs.

Skipper Ltd - In A Constantly Evolving Mode

Established in 1981, Skipper Ltd., now with over 40+ years of domain knowledge, specializes in a big spectrum across various engineering products from Transmission Towers to Polymer Pipes and Fittings.

Production Linked Incentive Scheme

Some Flaws that Need Reconsideration

CHINA'S GREAT DISAPPEARING PHENOMENON

Another Chinese billionaire and dealmaker has gone missing, plunging one of the country’s top investment banks into turmoil.

China Is Ready To Make Up Growth

Beijing is looking to resuscitate its technology sector growth in order to rescue its ailing economy. The years-long campaign to rein in China's internet platform companies is largely complete. Government would provide support to internet platform companies to play a larger role in jobs creation and global competition. Fan Yu says that policymakers are changing their approach regulating large tech firms such as Alibaba Group and Tencent Holdings.

World War III Has Begun

The Third World War is here. The countries now directly involved in the war in Ukraine with weapons, money, intelligence, mercenaries or financial sanctions include the U.S., the U.K., Germany, France, Poland, Lithuania, Canada, Australia, Ukraine, Russia, China, Syria, Iran, Turkey, Japan, Romania, Belarus and Moldova. These countries span four continents. The economic ramifications are global. James Rickards says that if this is not a world war, it’s not clear what is since it is far more likely to expand in terms of affected nations, financial sanctions and kinetic warfare. He feels the danger of escalation to a nuclear exchange is real and growing.

The Union Budget 2023-24

First the good news: Finance Minister Nirmala Sitharaman has stated that India’s per capita income has increased to Rs 1.97 lakh crore. This increase in the per capita income is a major jump in the past decades.

KKCL partners with BCCI

Kewal Kiran Clothing Limited (KKCL), the retail giant which owns brands like Killer, Integriti, Lawmanpg3, Easies and Desi Belle announced plans to take its flagship brand ‘Killer’, into a strategic partnership with BCCI as the Indian cricket team’s “Official Sponsor”.

UN forecasts fall in global economic growth

The United Nations forecast that global economic growth will fall significantly to 1.9 per cent this year as a result of the food and energy crisis sparked by the war in Ukraine, the impact of the COVID-19 pandemic, persistently high inflation and the climate emergency.

IMF: India's Outlook Remains Robust

The International Monetary said that India’s outlook remains robust, with unchanged forecasts for a dip in 2023 growth to 6.1% but a rebound to 6.8% in 2024, matching its 2022 performance.

Vikas Lifecare Ltd- Board Approves Strategic Investment in Kohinoor Foods

IN line with the Company’s pre-defined long-term growth strategies, the Board of Directors of Vikas Lifecare accorded their approval to invest up to Rs. 250 Crores in Kohinoor Foods Limited, with an objective of broad-basing the Company’s product portfolio, and strengthening its positioning in industry matrix, complimenting and supplementing the existing business lines of the Company by way of fresh equity, quasi capital, or any combination thereof, and to enter into definite agreement with the existing promoters of Kohinoor Foods Limited for acquiring substantial stake in it, subject to necessary statutory approvals and due diligence.

Funds for New Investors

There are so many aspects that you need to consider before investing in mutual funds.