In this edition, we have covered details related to SEBI’s initiatives to curb the POA misuse by brokers.SEBI’s amendments to the Investment Adviser Regulations.The finer points on the Viwaad se Vishwaas Scheme of the Union BudgetThe perils of not looking at real inflation.Market CommentaryIt is all about floating above the water level!!Sometimes there is no escape from getting drenched or wet. If one can keep the head above the water level, there is always a 100% chance that at some point in...
The election uncertainty is over and like many news channels are saying, "The People of India have spoken". Hopefully, the rabble-rousing, the mud-slinging, the pot-shots and the name calling will subside and we will all get back to business at-hand.India has a vibrant democracy where the sheer size of the electorate - more than 850 million eligible voters - is mind-numbing. When ~70% people vote, the number of votes we are talking about is more than 550 million. To put things in perspective, the...