Astonishing to see the # of clients in PMS and Advisory is less than 1.3L… or less than 0.01% of the population
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PMS : Where are the clients?
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Linkfest: 19 August, 2021
Some stuff I am reading today morning:
Maya of Inflation & Leela of Growth (MC)
Can Ola kickstart India’s EV revolution? (Forbes)
RBI issues revised norms for bank lockers (Rediff)
How to earn interest on your idle gold jewelry (BT)
On the reserves of Central Bank of Afghanistan (Ajmal Ahmady)
China calls for curbs on ‘excessive income’ (CNBC)
Adventures in short selling (Climateer)
Low rates, more risk (Michael Batnick)
How Big Oil is preparing for a life after fossil fuels (Maker)
Radhakishan Damani now among world’s top 100 richest people (BS)
Source: Investor Presentation of Borosil Ltd
Suprised at the small size of these markets considering the size of our economy.
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Linkfest: 18 August, 2021
Some stuff I am reading today morning:
India Covid vaccinations at record highs (Al Jazeera)
High commodity prices hit India Inc’s profits, margins ( Rediff)
SBI recovers only 5% of bad debt under IBC ( BT)
Govt likely to withdraw sugar export subsidies (BS)
Startup and Stand tall (Byju Raveendran)
Startup: Mindtickle (Forbes)
A new Exchange to upend the world of derivatives (II)
US Regulators to go after Crypto (Doomberg)
Michael Burry shorts Ark Invest (Decrypt)
The most potent inflation fighting asset class (Market Watch)