India
Category Archive

Bank Bail-Ins Will Scam Indian Taxpayers

11.12.2017 • IndiaComments Off on Bank Bail-Ins Will Scam Indian Taxpayers

If the government keeps rescuing banks what is the signal they are sending out to bank managers and borrowers? That it is okay to lend money irresponsibly given that governments and taxpayers will inevitably come to their rescue.

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Sound the Alarm – This Bubble Is About to Burst

28.11.2017 • IndiaComments Off on Sound the Alarm – This Bubble Is About to Burst

"This time is different," is an argument that is often heard whenever an asset class is selling at peak valuations. And this is the argument that is now being made when the Indian stock market is at extremely high valuations.

India Is Too Dependent on Chinese Goods to Boycott

27.11.2017 • IndiaComments Off on India Is Too Dependent on Chinese Goods to Boycott

Public rallies against imported Chinese goods are held quite regularly these days across different parts of the country. But, India's dependence on Chinese goods has only grown over the years.

One Example of How a Good and Simple Tax Should Work

21.11.2017 • IndiaComments Off on One Example of How a Good and Simple Tax Should Work

India's Tax System Needs an Immediate Reform

India Lowered Sales Tax, Yet Nothing is Cheaper

20.11.2017 • IndiaComments Off on India Lowered Sales Tax, Yet Nothing is Cheaper

The GST on restaurant bills was recently cut to 5%. Earlier it was 12% to 18% depending on whether the restaurant was air-conditioned. Hence, the cost of eating out was expected to come down, with the rate being slashed. Nevertheless, nothing of that sort

You Shouldn’t Believe the Fishy Numbers in India’s Real Estate Market

13.11.2017 • IndiaComments Off on You Shouldn’t Believe the Fishy Numbers in India’s Real Estate Market

If prices have fallen by 25%, why are real estate transactions not happening? Why has the total number of unsold homes of real estate companies only continued to grow? It is worth remembering here that a 25% fall within a year, is a huge fall. Falls like

Why Indian Politicians Need to Use Aadhar

08.11.2017 • IndiaComments Off on Why Indian Politicians Need to Use Aadhar

It is almost impossible to carry out any transaction with the government without an Aadhar card. But, while ordinary citizens, like you and I, need to keep showing and linking our Aadhar card everywhere, the same does not apply to politicians and political

India’s Modi Government Will Survive the Next Election

01.11.2017 • IndiaComments Off on India’s Modi Government Will Survive the Next Election

Prime minister Narendra Modi will visit Gujarat the third time this month. In the run-up to the state assembly elections, he will inaugurate and lay the foundation stones to a number of projects. Modi's multiple visits to Gujarat have led to the question - is

Emerging Markets Are Defying the Laws of Investing

31.10.2017 • IndiaComments Off on Emerging Markets Are Defying the Laws of Investing

Conventional wisdom says an interest rates rise is bad for stocks - especially "risky" ones like emerging market stocks. But the truth might surprise you...

Why You Should Be Worried About the Drop in Cash to GDP Ratio

30.10.2017 • IndiaComments Off on Why You Should Be Worried About the Drop in Cash to GDP Ratio

This dip in proportions is being passed off as an achievement and a fact that the nation has become more honest. However, the link between a low cash to GDP ratio and low corruption is very weak. It is something that the Modi government has invented to build

These Politicians Should Be Banned From Receiving Cash Donations

26.10.2017 • IndiaComments Off on These Politicians Should Be Banned From Receiving Cash Donations

If the idea is to eliminate black money, why are political parties allowed to collect donations in cash, in this day and age. If the idea is to encourage digital transactions, why can't PM Modi and the BJP, set an example on this front and ensure that the BJP

Recapitalization Won’t Fix India’s Public Sector Banks’ Problem

25.10.2017 • IndiaComments Off on Recapitalization Won’t Fix India’s Public Sector Banks’ Problem

Vivek Kaul – Vivek Kaul’s Diary (India) – One of the examples of Big Government I have in my book India’s Big Government is that of government owned public sector banks. (The good news is that the book is available at a huge discount

Why You Can’t Sell Your House in India

24.10.2017 • IndiaComments Off on Why You Can’t Sell Your House in India

Vivek Kaul – Vivek Kaul’s Diary (India) – I am in Delhi these days. And Delhi and the National Capital Region around it, as you would know, dear reader, have their share of real estate stories. There are stories of builders who have taken

Over 44% of Indian Workers Are Now Self-Employed

23.10.2017 • IndiaComments Off on Over 44% of Indian Workers Are Now Self-Employed

Vivek Kaul – Vivek Kaul’s Diary (India) – Has Arun Jaitley Been Reading India’s Big Government? Oct 23, 2017 Self-employment is the new buzzword in the Narendra Modi government. And it is going to rescue the one million youth that are

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) – 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

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.