India
Category Archive

Protect Yourself from ‘India’s Big Government’ with Kaul’s Book

18.10.2017 • IndiaComments Off on Protect Yourself from ‘India’s Big Government’ with Kaul’s Book

Vivek Kaul – Vivek Kaul’s Diary (India) – Get ‘India’s Big Government’ at Just Rs 199 Now Oct 18, 2017 Dear Reader, First and foremost, here is wishing you and your family a very Happy Diwali. One of the questions that I keep getting asked about my new book India’s Big Government-The Intrusive State and …

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India Needs More Tourists at the Taj Mahal

17.10.2017 • IndiaComments Off on India Needs More Tourists at the Taj Mahal

Vivek Kaul – Vivek Kaul’s Diary (India) – No Honks in Bali – Lessons for Indian Tourism Oct 17, 2017 I recently spent a week in the island of Bali and was left really impressed with it. As soon as the taxi left the airport and moved

Indian Real Estate Can’t Wait Any Longer for Lower Interest Rates

16.10.2017 • IndiaComments Off on Indian Real Estate Can’t Wait Any Longer for Lower Interest Rates

We have seen delusional optimism among India's real estate entrepreneurs. For the last five to six years, they have been saying that a recovery in the sector is just around the corner, and the fact that it hasn't happened yet because the RBI refuses to cut

Big Bank Merger Reveals Indian Government Plot

10.10.2017 • IndiaComments Off on Big Bank Merger Reveals Indian Government Plot

Recently, the five associate banks of the State Bank of India, along with the Bhartiya Mahila Bank merged with the State Bank of India. Synergy was touted as a major reason. Here's why that's BS...

25 Reasons Not to Trust Modi’s Speech on Indian Economic Status

09.10.2017 • IndiaComments Off on 25 Reasons Not to Trust Modi’s Speech on Indian Economic Status

In a speech last week, Prime Minister Narendra Modi, offered several data points to show that all is well with the Indian economy. And those who didn't think so were essentially being needlessly pessimistic, he suggested. In this piece, I offer many data

India in Crisis – Homeowners Beware!

29.08.2017 • IndiaComments Off on India in Crisis – Homeowners Beware!

In India, home builders are holding onto massive unsold inventories because they refuse to lower prices. Over-priced homes, lack of market interest, and unsold inventory - looks like this bubble has reached its peak.

Bad Debt Rears Its Ugly Head

23.05.2017 • IndiaComments Off on Bad Debt Rears Its Ugly Head

Banks give out most loans against a collateral. Hence, to that extent the loans are secured and in case of a default from a borrower, the collateral can be sold and the loan amount can be recovered. Now, if only it was as simple as that.

New Industrial Index Shows India’s Demonetization Failure

16.05.2017 • IndiaComments Off on New Industrial Index Shows India’s Demonetization Failure

India has a new Index of Industrial Production (IIP). It is bigger and according to economists who track such things, it is better than the previous one. The IIP basically gives growth estimates of three sectors-manufacturing, mining and electricity. The

Low Interest Rates Won’t Save Indian Real Estate

09.05.2017 • IndiaComments Off on Low Interest Rates Won’t Save Indian Real Estate

Thanks to demonetization, the banks have received an influx of cash, which has kept interest rates low. But if people need to start buying homes again, lower interest rates just don't help enough. The home prices need to come down.

Indian Real Estate Riddled With Corruption

05.05.2017 • IndiaComments Off on Indian Real Estate Riddled With Corruption

The state level politics thrives on the nexus between builders and politicians. In some states, builders are politicians and politicians are builders. It is difficult to differentiate between the two.

Why India Should Privatize Its Banks

03.05.2017 • IndiaComments Off on Why India Should Privatize Its Banks

We now have nearly two decades of evidence that suggests that the new generation of private sector banks, which were first set up in the mid-1990s, are much more efficiently run than their public-sector counterparts. But will the banks actually do anything

What’s the Price of a Tomato?

02.05.2017 • IndiaComments Off on What’s the Price of a Tomato?

How can any entrepreneur, which is what farmers are, not have a role in determining the price of what he produces, is something beyond my understanding? This comes from the socialistic attitude of government knows best, something that we haven't been able to

Fedspeak Reaches the Indian Shores

24.04.2017 • IndiaComments Off on Fedspeak Reaches the Indian Shores

Since the beginning of demonetisation, the government has carefully worded its statements to make the effort sound successful. Similarly, the RBI uses words like accelerated and fast, when describing the dwindling money supply problem.

Even the King of Good Times Must Pay the Piper

20.04.2017 • IndiaComments Off on Even the King of Good Times Must Pay the Piper

Flamboyant tycoon, Vijay Mallya, was arrested on Tuesday. He will likely be extradited back to India and prosecuted for loan fraud. While that's a good thing, Mallya's fraud is only a drop in the bucket for India's loan defaulting epidemic.

Without Cash, Indians Go Digital

19.04.2017 • IndiaComments Off on Without Cash, Indians Go Digital

The cash shortage and the aftermath of the demonetization scheme have left Indians looking for new ways to make payments. Digital payments surged by almost 10% in March. Is this shift towards the new tech here to stay? Or is it just temporary?

Modi Misstep or Evidence of Alternate Agenda?

18.04.2017 • IndiaComments Off on Modi Misstep or Evidence of Alternate Agenda?

The Indian government took 500 and 1,000 rupee notes out of circulation to make life harder for criminals and cash-hoarders. Then it introduces a 2,000 rupee note? Is Modi off his rocker or up to something else?

How the ‘MOAB’ Could Obliterate Your Portfolio

17.04.2017 • IndiaComments Off on How the ‘MOAB’ Could Obliterate Your Portfolio

It’s clear that 2017 will be year of geopolitical tensions. And investors will have to cope with the consequences on the stock markets. What geopolitical forces are most likely to impact your investment returns?

Why India Needs to Adopt The Buffett Rule

13.04.2017 • IndiaComments Off on Why India Needs to Adopt The Buffett Rule

By Vivek Kaul – The Vivek Kaul Letter (India) – Starting this week, once every month, I will write a Letter based on books. The thought here is to get to you, dear reader, some of the latest ideas going around. This week’s Letter is based on two

ATMs Across India Are Running Out of Cash

11.04.2017 • IndiaComments Off on ATMs Across India Are Running Out of Cash

Over the last few days, there have been a spate of media reports about cash not coming out of ATMs. A quick look at currency circulation levels shows that they're at their lowest levels since demonetization. If the government decides not to print as much

Why Waiving Loans for Farmers is Bad News For India

10.04.2017 • IndiaComments Off on Why Waiving Loans for Farmers is Bad News For India

Once the farmer sees a loan being waived off today, he will expect future loans to be waived off during future elections as well. Essentially, he will see little incentive to repay loans that he takes on in the future. Or as Reserve Bank of India governor

India Passes Bill Banning Cash Payments Exceeding $3,000

06.04.2017 • IndiaComments Off on India Passes Bill Banning Cash Payments Exceeding $3,000

On the face of it, like many other government moves in the past, this seems like a good move. But the question remains: how will the government, and more specifically the Income Tax department, figure out that cash transactions of greater than $3,000 are

What Bollywood Can Teach You About Indian Fiscal Policy

05.04.2017 • IndiaComments Off on What Bollywood Can Teach You About Indian Fiscal Policy

Hindi film lyricists have written songs for almost every situation that one can encounter in life. Including the government's recent waiving of farmer's loans. The title song of the movie Oh Darling Ye Hai India has the line: "Jo bacha nahi wo baant dia,"

The Deep Roots of Black Money in Indian Politics

04.04.2017 • IndiaComments Off on The Deep Roots of Black Money in Indian Politics

Despite all the talk of cleaning up black money, recent amendments to the constitution ensure that the Indian electoral finance system will continue to remain as opaque as it's always been. Until politicians get serious, all this talk about corruption is

India Moves Closer to an Orwellian State

03.04.2017 • IndiaComments Off on India Moves Closer to an Orwellian State

By Ankit Shah – Vivek Kaul’s Inner Circle (India) – The scariest novel that I ever read was George Orwell’s 1984. It’s a dystopian novel that narrates the story of a totalitarian state that has absolute control over every action and