It Does Not Have To Be Exciting

Financial markets globally have lost their zing and excitement. Pension funds and insurance companies with assumptions of 8% nominal returns are starting to appear over optimistic. There is no big theme, or story or mania that can make equity investors rich overnight. All the old themes and stories appear to be fizzling out. Even Web 3.0 and Apple have become so big that there is not much left on the table for investors. More...

Ecosystems, Clusters and Supply-Chains

India currently consumes $100 billion worth electronic goods a year. According to government estimates, this number is expected to go up to $400 billion by 2020. While introducing the discussion paper on the new electronics manufacturing policy, government advisor Sam Pitroda said that India's electronic imports could exceed India's oil imports in 2020 if India does not build an electronics manufacturing base. More...

Outlook For The Indian Rupee

Revisiting my earlier thoughts on the Indian Rupee, I am more convinced now than before that the Indian Rupee is likely to depreciate to a new lower band versus the US dollar.

Since my earlier post about the rupee in November, it depreciated to 54 rupees to a US dollar, rebounded to 48 rupees to a dollar and currently trades at 50 to a dollar. More...