When the going gets tough…

In our parent’s generation, getting a sarkari (government ) job was the ticket to a comfortable life

This changed post 1991 when the winds of economic liberalization shook India

But now, it looks like those times are back.

All participants in India’s equity markets are facing unusual stress.But our regulator SEBI seems do be doing great.

An article in ET states :In its budget for 2012-13, Sebi has put aside around 281 crore for the acquisition of office and residential premises. This amount includes acquisition of new office premises or plot of land in BKC for additional office space in Mumbai, setting up of five local offices at new locations, purchase of flats for senior executives at Mumbai and also the purchase of office space for a northern regional office at New Delhi.

Bottom line: When the going gets tough, the regulator gets moving !!


Chart:The Greek Unemployment Rate…scary

Unemployment for Greeks is growing by the day…is it any wonder they are revolting?


What was that again?

“Only one Wall Street CEO’s balls can be in a vise at a time” and right now it’s Jamie Dimon’s turn.-old Wall Street Saying


Linkfest:May 16, 2012

Some stuff I am reading today morning:

Bharti Airtel under money laundering probe (BusinessLine)

Can Mannapuram Finance shares jump 100%?(FirstPost)

With Nitin at the Wheel, HUL on a roll again (ET)

SEBI Watch:Price Manipulation in Adani Exports Ltd (SEBI)

The next generation of reforms in India (Raghu Rajan)

What happens when the world economy goes Japan (DailyReckoning)

Warren Buffett reveals two new surprising investments (BusinessInsider)


The Best Exotic Marigold Trailer

India, like Life itself, is what you bring to it