Now the price rise

It has been made clear by the Government of India that the increase in price of fuel is imminent. One needs to guess the politically stable limit of the same. Lets see the intensity with which the Communists will react!
If you are out there in the market, do not buy fruits and vegetables to eat, [...]

And thus it began

Since our minsters were not able to arrive at a decision in their meet yesterday, we already have some news flowing from the oil companies. Rationing has begun!

Interesting!

I find the business of Zopa amazing! The problem obviously in the Indian context is of credit worthiness and frauds. But don’t you have the feeling that I somehow have, this online money lending-borrowing model is the next big thing. Over the years to come, the challenges that this business will face are going to [...]

Oil and GoI

With crude oil prices hovering around $130 per barrel, what options does the Government of India have?
(a) Increase the fuel prices and link them to the international benchmark; essentially dismantle the administered price mechanism: Economists will argue this to be the best long term solution, but a political disaster with certainty, the policy pundits would [...]

Squash after long

This Sunday I got a chance to play Squash. I played almost after a year, all thanks to Gaurav. The club, where I played, allows for 20 minutes of play only and more after that only if there is no one in waiting. Which of course does not happen in India! Anyways, I felt tremendously [...]

Maximum City

I have completed reading “Maximum City” by Suketu Mehta. Indeed an excellent read. I found it quite surprising that the son of a diamond merchant from Gujarat has actually written this masterpiece about Bombay (or Mumbai?).
Descriptions about the underworld, the life of the bar dancers, Bollywood, slums, and about every length and breadth of [...]

Carpooling Initiative

Commute Easy is a great initiative (Thanks to Janak for informing me about this) that aims to make your daily commute easier by connecting you to commuters across the city who [...]

Three market idiots

This is an interesting analysis of the different kinds of players in the stock (and real estate, commodities, etc.) market.
There are three varieties of idiots in the market you’re likely to encounter during your trading career. Contemplating the above truth from the great site of Despair, I thought I’d give you a heads up, so [...]

Britannia

Yesterday, I went to the Parsi restaurant at South Mumbai, named Britannia (not owned by the Wadias of Britannia biscuits fame) for lunch. It was Aditya’s (my current room-mate) idea, Gaurav came along too. The look and feel is similar to Crystal (one opposite Girgaum Chowpatty). Britannia is located at Ballard Estate, near Fort.
It too [...]

Nation of millionaires – 2

Inflation in India, America and Britain is uncomfortably high, but it could be worse—just ask Zimbabwe:
“During the meal, one of my mates was drinking beer – 750ml bottles of Castle Lager (fondly called bombers) he ordered a 5th one, was advised that the price, which when he ordered his 1st, 2nd 3rd and 4th ones [...]