Chanakya's Chant

Book: Chanakya's Chant
Author: Ashwin Sanghi
Binding: Paperback
Language: English
Rating: 4.5/5

Chanakya's Chant is a  fast paced book which keeps switching between 340 B.C. to present day. 

The book depicts a picture of the present day politician, Pandit Gangasagar Mishra, who will do anything to achieve power. Pandit, who's inspired by Chanakya's chant, achieves power following his footsteps.

If God was a Banker

Book: If God Was A Banker
Author: Ravi Subramanian
Binding: Paperback
Language: English
Rating: 4.8/5

Interesting book, but only a one time read though. The plot surely divulges what happens currently in the corporate world. How things move around

Markets in 2013

Reading and listening to all the fund managers’ over various channels gives me a feeling that they are trying to create euphoria about the markets breaking out on the upside, during the Fiscal year 2013-2014.

I heard one of them even stating that the index will rise up at-least 20% if the reforms in governance (Lokpal) / investment (NIB) / fiscal (GST & DTC) are seen through. Well aren’t we waiting for some of them since 2007?

Everyone is expecting the interest rates to come down

India of the rich! Money Trails

It has been ascertained once again in Arvind Kejriwal's accusations yesterday. If one is rich in India, no matter what you do your interests will be taken care of. There will be someone looking out for you at all times. Once again it was highlighted how the rich and mighty were not investigated at all. 

There are rich businessmen or rich business houses

CRR - GOD Help PSU Banks !

State Bank of India (SBI) Chairman Pradip Chaudhuri said: “I still hold that CRR is a waste for the economy.”

What! When he is talking about the CRR it is the depositors’ money. The bankers today feel that the depositors’ money is an asset which can be used to make profits instead of keeping it safe in the bank.

CRR (cash reserve ratio) is the amount of funds that the banks are required to keep with the RBI. Which means that the bank cannot loan out the entire deposit, but have to keep something as reserve!