Some stuff I am reading today morning:
US stocks plunge (CNBC)
Markets are facing a ‘Minsky Moment’ collapse (CNBC)
SC protects borrowers from coercive action by banks (FE)
Why this Diwali will lack all sparkle (Mint)
Indian CDMO’s – Charts (Tankrich)
Epistemic Humility (Anand Sridharan)
Save like a pessimist, invest like an optimist (Morgan Housel)
China to sell 20% of its US Treasury holdings (ZH)
Indian MFs turn to global funds for better deal (BS)
Buy only term insurance (Monika Halan)
Source: Annual Report 2019-20 of Lasa Supergenerics Ltd
Amusing to see the co giving an advance to a related party which is 4x the value of the contract !
Some stuff I am reading today morning:
Govt bans 118 Chinese apps including PUBG (Mint)
Daily Covid cases in India showing ominous increase (Prof Shamika Ravi)
Why China is so angry with India (Shiv Aroor)
FM to meet banks, NBFCs today (Rediff)
Vodafone Idea look at fund raising options (FE)
Is Real Estate the next pharma? (Jatin Khemani)
Kuwait is running out of cash (BS)
If investing were as easy (TRB)
The 2 Variables that drive stock prices (Common Sense)
The different shades of active management (Validea)
