Decentralised communities connected by hi speed broadband seem the way cities will evolve. Will a city of ten million inhabitants seem an exaggeration ? Reading accounts of traffic jams caused by elephants in Chandni Chowk in the mid eighteenth century though, reassures that somethings will probably never change. ( Click + to read more) Samvat Read More
The need to support the six million MSME has now created three approved Trade receivable exchanges – its mandatory for companies with a turnover greater than 500 Crores to register on them. IRDA allowed Treds to avail credit insurance in its draft guidelines. In effect if the Buyer defaults, there is a very high likelihood Read More
Ant Financial is in the news for having its USD 37 Billion cancelled by regulators after the issue had been subscribed. Is it being punished for Jack Ma’s stringent criticism of regulators (“pawnshop mentality”) a week before the IPO ? (Click to read more) The Ant and the Grasshopper In the original fable, the ant Read More
Two decades ago, the Bombay Stock exchange had a strange device called " Undha Badla". In its own way this was a way for short sellers to pay a price and defer the delivery in a market where "borrowing" stock was not possible. The case of Oil is somewhat similar.When Covid hit mobility across the Read More