The De-rating of Rating Companies

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The De-rating of Rating Companies

Saurabh wrote in Investment .

IL&FS fiasco was arguably India’s Lehman Moment. It has now been 18 months since the turmoil began in India’s financial system, and the economy is still struggling to find its feet. Though the repercussions on the overall financial system was less contagious compared to the 2008 economic meltdown in the US, the elephant in the […]

Union Budget 2020-21: Fiscal Discipline over Big Bang Reforms

Saurabh wrote in Uncategorized .

The Union Budget 2020-21 did a fair job in terms of providing a balanced budget with focus on rural income and reviving the investment cycle in corporate India. One also has to take into consideration that the Budget comes under very difficult circumstances for the Government under the backdrop of slowing domestic as well as […]