Someone asked me - Has the financial economy become much bigger and influential than the real economy? How does one explain this drastic fall in stock market valuations despite the promise of India growth story? (more…)
The Indian pyramid has too large a bottom - Not very flattering for a lady aspiring for a leaner and meaner constitution. (more…)
Government had made the model concession agreement (MCA) mandatory for the highway projects that were to be awarded through PPP route. MCA allows projects to be carried out on the basis of build-operate-transfer (BOT) and build-operate-own (BOO). While MCA ensures risk and reward involved in implementation of the projects is optimally balanced, it also promises increase in the pace of project award. However, recent statistics of project award for national highways shows that government is lagging behind in awarding the projects. (more…)
UK’s Financial Services Authority, the role model for regulation has flipped its stance… (more…)
The Nano is finally out in the market. Many things have been said about it, (more…)