What Can I say, I am a father now!

link : [bLaugh] The thoughts were similar about my kid, but when I say this, I thought of my father.....times change, don't they....

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Have Money, Spend it

I read Monika Halan's article in 'Outlook Money' sometime back, and she had an interesting and forceful argument on the impact of inflation on urban citizens. She contended that as the salaries of urbanites are inflation proof, who cares about inflation. I can't agree less.Only one thing bothers me now, 'How would our behavior change in a inflationary economy?'. Shall we keep on spending, as we did earlier. May be not. But then, these are the period where the distinction between the well off and very well off becomes apparent. Ordinarily, people will curtail their expenditure and most importantly, the investment component of saving will have a sharp fall. It would be normal to expect such a behavior. But, then smart and most probably the rich ( the very well off) would behave differently and their investment component would increase in times of turmoil such as the times we are living in.What I am saying in is that in a sea-saw economic condition, the ri…

Deary Dead Earth

In times of turmoil, everybody looks towards the leader. In his/her absence, it becomes difficult to make sense of what is happening and what needs to be done. In the financial world the 'value' leadership is end and the new leader is yet to emerge. [Credit:https://www.theforexguy.com/trading-choppy-markets/] So, it seems the times are chaotic not because there the things that are happening, but because, a strong leader is yet to emerge. In this era of collective leadership, the figure one needs to look towards is not an individual anymore but a sort of financial wizardry which may come to rule. In the Financial Institution setup, which works in a methodology of its own, the ordinary investor, is yet to find guidance in these troubled markets. On on 12th June, the sudden spurt in both the indices, BSE Sensex and NSE Nifty was only due to creation of value, according to experts. The values could not be sustained even for a day and therefore 13th June, 2008 saw a chaotic da…

The Climate has become Definitive

I came to Delhi in the early summer of 1998. It was cooler in the April of 1998. But, I never thought it would be equally hot and unbearable in the summer of 1999. That memory has long been lost in the soothing summer that followed. But again it seems, when we forget history it is bound to repeat itself. Even with all the modern amenities, the summer of 2009 will be there in my memory for at least another 10 years particularly for the reasons, which I forgot soon after 1999.
Climate is moody and cyclic and it is we who forget but do we should not be forgiven for it.
Sometimes, it may look brazen, sometimes we do blame it on climate change and sometimes we have to blame it on the collective loss of memory to events which have happened in our lifetimes which we have chosen to ignore. Climate is changing but not in a drastic manner as has been pointed out to us. It seems that modern gadgets have become less adaptable to the changing moods of nature. With such fast life, even mem…

MERA DELHI, BOLEDIL

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