'This fall is nothing. We could see worse if everybody hits the panic button.'
On May 16, the leads will start trickling in from morning but the final result is likely to come only after 3.30 pm, beyond trading time for the equities segment in India.
It is mystifying how the NSE, a near-monopoly, gets protection, as the February 24 episode shows, when it is competition and accountability that should be the regulatory objective, says Debashis Basu.
Managing expectations is a challenge for policymakers.
As economic policy making moves from pragmatism to populism, the bulls begin to make way for cautious optimists.
Sebi will join RBI and the government in their fight against bad loans.
While discount brokers have managed to grow at a rapid pace, they have not been successful in capturing substantial market share in the above-40 age category.
...Are algos taking over from 'shoeshine and a smile', asks Ajit Balakrishnan.
The rot is is not limited to Chitra Ramkrishna and the yogi, observed Debashis Basu.
On the occasion of the National Stock Exchange's (NSE's) silver jubilee celebration, its MD and CEO Vikram Limaye, bottom, left, spoke to Somesh Jha to discuss the way forward and how the exchange plans to deal with the present set of issues.
This weakness is likely to continue in the near-term.