Some stuff I am reading today morning:
Brace for the worst (BusinessLine)
Indians could save India at a price (WSJ)
How is India’s slowdown affecting you? (NYTimes)
FIIs raise bearish bets on Bank Nifty (ET)
Was 2011-12 India’s worst year? (Mint)
DLF Q4 falls 39%, gets Rs 457 Crore tax notice (BS)
Hollowing out of India’s financial system (AjayShah)
Stocks held by Rakesh Jhunjhunwala in Indian companies (IndiaER)
(Hattip TheAtlantic)
“I think more of the little kids from a school in a little village in Niger who get teaching two hours a day, sharing one chair for three of them, and who are very keen to get an education. I have them in my mind all the time. Because I think they need even more help than the people in Athens.So, you know what? As far as Athens is concerned, I also think about all those people who are trying to escape tax all the time.”-said IMF’s Christine Lagarde in an interview