“The unabashed, vulgar indulgence in conspicuous consumption by the noveau-riche has left the underclass seething in frustration. One half of our society guzzles aerated beverages, while the other has to make do with palmfuls of muddied water”-said President Narayanan in his speech to the nation on 25 Jan, 2000
Some stuff I am reading today morning:
SEBI has crafted an astute incentive system (ET)
Diesel price hike in two months (FE)
FAQs on Qualified Foreign Investors (SEBI)
India’s Olympic achievement:Indifference (WSJ)
Investors in Adani Power and Reliance Power blasted (Gaurav)
NBCC:Fantastic business and sitter valuation but… (NeerajMarathe)
Another Marwari lesson (OneMint)
Does your wife have insurance? (AnandVijayKumar)
Some offbeat Sunday Reads:
What to do if your house catches fire (TeamBHP)
Travelogue:Rhino & Lion Park-Johannesburg (Ghumakkar)
Book Review:Rebounders (Idreambooks)
Movie Review:Ek tha tiger (RajeevMasand)
Afghanistan and the Taliban (Economist)
Rent or Buy? (Nytimes)
28 places to see before you die (Smithsonian)
Some interesting reads for the weekend:
The final battle of Sabyasachi Panda (Open)
The Hindu exodus from Pakistan (Tehelka)
A case for Bhim Rajya (Outlook)
Nepali drivers have a license to kill (Economist)
Ramadan 2012 (TheAtlantic)
Israel’s Iran itch (Nytimes)
Can a cricket player become the President of Pakistan? (NewYorker)
Some stuff I am reading today morning:
Expense ratios for mutual funds go up (Mint)
LIC hikes stakes in blue chips (Firstpost)
The power of relative strength (Ivanhoff)
Investors must rediscover their patience (FT)
Six reasons everyone hates the rally (TRB)
Top investors show their cards (Barrons)
An open letter to my daughter (SafalNiveshak)