No one would disagree that the current financial crisis is neither the first nor the last. The economic data would show that the total number of recessions, including the current one, have been 12, in the USA, over the...
If you read, listen or watch, these days, some media outlets in India or outside, it looks like, at the end of 2020 Q2, India is ending. Headlines read, India has in the second quarter 2020 the worst GDP...
July 12, 2020
Dear Madam Finance Minister, Government of India
You may be aware of RBI Governor's speech at the 7th SBI Banking & Economics Conclave on July 11, 2020. After all, (technicalities apart) he is the arm of the Government...
By nominal Gross Domestic Product (GDP), USA has been # 1 economy of the world. By purchasing power parity GDP, China has been # 1, USA # 2 and India # 3 of the world. India is the second-most...
The U.S. economy, at the time of this writing, is amidst perfect uncertainty. No one knows, where are we headed? The life is full of contradictory signs and signals? The shelter- in- place, lockdowns, social distancing, administrative directives to...
We are amidst COVID-19, is to state the obvious. We are amidst a terrible economic and financial storm, is the common sentiment. U.S. Government has taken emergency measures like the release of sizeable economic relief and stimulus package, to...
Moody downgrades India’s rating is the news all over, as of June 2, 2020. If you have not been following the credit ratings by Moody and other credit rating agencies, you may sample here:
Caa1
"We today upgraded Yes Bank long-term foreign...
‘Modi ji, tum laath bajao, hum tumhare saath hain’ (Mr. Modi, you hit hard those rioting, causing violence and public property loss, blocking roads and disrupting daily life, we are with you). That was a resounding message from a...
The Krishna-Arjuna Framework
Bhagwad Gita, an Indian epic, dated 5000 years, provides an answer to the question, how to win over equals? For those who are not so familiar with Bhagwad Gita, I may mention that it is a dialogue...
You want to grow your money. Who doesn’t? The necessary condition to grow your money is that you must earn a positive Return on Investment (ROI). A positive ROI means the surplus that you generate over and above your...