Feb 1, 2021A non-combative budgetUnion budget of India for FY22 rode on zero expectations and strong negative perceptions across the market, despite shouldering a heavy liability of “the best budget in 100 years” (later salvaged by the Prime Minister), thanks to rumour filled chat groups and social media across India. The impact of Covid…India4 min readIndia4 min read
Jan 31, 2021Bitcoin is here to stay!When a pseudonymous person/group with the name “Satoshi Nakamoto” created Bitcoin back in 2008, no one would have imagined the advent of an asset class still incomprehensible to many. Like many at that time and even till 2 years ago, considered Bitcoin as fraud as we all have witnessed few…Bitcoin6 min readBitcoin6 min read
Jan 13, 2021The curious case of Information explosion in 2020“The most valuable commodity I know of is information”. This famous dialogue voiced by the fictional character Gordon Gekko, reflects the meticulous characterization of a pragmatic and capitalist villain of yester years when there was no internet. …Information4 min readInformation4 min read
Sep 12, 2020Universal Basic Income: A reality checkI came across a podcast recently that extensively discussed the idea of UBI as a default policy for the future. Post GFC, Euro crisis and the current Covid crisis, left wing wokes with their freshly minted humanities, marxist degrees and inbuilt conjectures voiced their blind support to this, without much…Ubi6 min readUbi6 min read
Aug 22, 2020Government Unlimited Inc.How does it feel to wake up one day and realize that the only liability you have is towards the yield bearing credit you availed from the organized credit market? That day when no other misplaced altruism and law hijacks your hard-earned money. When no government body asks you to…Politics3 min readPolitics3 min read
Jun 27, 2020How free markets die?Every crisis always is accompanied by a rebuke against the rich, their profit making corporations and naturally formed systemic inequalities (due to lack of competition owing to cronyism, cartels and state monopolies). It historically is/has been the human tendency to not digest the reality during a crisis and point fingers…Capitalism3 min readCapitalism3 min read
Apr 18, 2020Why Modern Monetary Theory (MMT) is a poison pill?In Economics, there is no school of thought that is absolute and fool proof. As a proponent of orthodox economic theory, I can comfortably admit that there are many flaws behind the assumption that an invisible hand helps in attaining the requisite market equilibrium and to attain full employment or…Modern Monetary Theory5 min readModern Monetary Theory5 min read
Mar 20, 2020Fighting the UnknownWoke up to the weekend on Friday the 13th. Timed the alarm for the pre-open market session of 15 minutes almost anticipating a bloodbath in Indian bourses. Within 15 minutes, the market opened to a massive drop in both the main indices almost emulating the previous day’s Dow and S&P…Covid 193 min readCovid 193 min read
Feb 22, 2020The tale of delicate diplomacyAre we witnessing a historic slugfest between the World’s largest democracy and the largest economy? If you have been observing the turn of events over the last 3 years, you will agree that we are at the pinnacle of a delicate diplomatic tussle, especially after the last 2 years of…India5 min readIndia5 min read
Feb 21, 2020The Haunting of AGR“Storm is coming!” This beautiful yet terrifying one liner from Nolan’s Dark Knight series was well suited for 23rd October 2019 (prior to the supreme court’s ruling upholding the original definition of Adjusted Gross Revenue or AGR). Someone from the government should have tweeted this by tagging telecom companies for…Telecom6 min readTelecom6 min read
