Guide

“Dumb Money”   In the world of investing, institutional investors like to be known as ‘smart money’ and the individual investors get to be called ‘dumb money’.   And what better archetype for dumb, clueless investors than new users of the US investing app, Robinhood. So many of them signed up in droves as the … Read more Dumb money and smart money

If startups in India are the harbingers of change, then the payments industry has a gut punch coming its way.    I was speaking to the co-founder of a payments startup called BharatPe, which caters to merchants. What he said will make the collective hair of payments companies stand. “I want to make MDR on … Read more The Zero MDR boogeyman is coming back

The money matters first.  Indian pharma company Glenmark saw its share price trade at a new 52-week high on Monday, closing 27% higher. The rally was obviously on the back of the news it broke on Saturday that it had obtained “restricted use approval” for a drug called Favipiravir, to be used in mild to moderate … Read more Glenmark’s stock rises, standards for repurposed drugs must as well

Donald Trump is readying himself to walk the presidential plank later this year. That’s why it makes sense that his administration would announce a ban on issuing any more H-1B, H-2B, and L-1 visas till 31 December, 2020.   Now, such news was bound to shock the Indian IT services sector to the core. Just … Read more Where does the H-1B ban hurt the most? It’s not an obvious answer

As the world’s longest and strictest lockdown is gradually relaxed, India’s job numbers have begun to improve. Its unemployment rate for the week ended 21 June was 8.5%—similar to pre-lockdown levels—according to the Centre for Monitoring Indian Economy (CMIE). This is a welcome fall from the peak of 27.1% in early May.    If the … Read more The gloom in India’s falling jobless rate