Renuka Jain

Swanand Kelkar is Managing Director at Morgan Stanley Investment Management. Markets In 2018: Not A Year For Doubling Down Simhavalokana is a Sanskrit term to denote the retrospective gaze of a lion. It is said that as the lion traverses some distance in the jungle, he looks back to examine the path he chose and how he covered that distance. It is that time of the year again when things thankfully begin to slow down. Many times this tumultuous year, I have daydreamed of the serenity that the second half of December brings and wished it would come sooner. From trade wars to crude price volatility to liquidity squeezes, this year was a handful, making investors feel like Kareena Kapoor in Jab We Met* when during a very eventful night she says “Please Babaji ab to hadd paar ho chuki hai, ab iss raat mein koi excitement mat dena, boring bana do ji ab iss raat ko please”. Naturally, a year like 2018 packs in a lot of learning, some timely reminders of old truths and some new...

We all appreciate the hard work put in by Prime Minister Narendra Modi. I am blessed to be followed by him.and appreciate he acknowledges my advice always  I always try and speak with people on ground and judge the mood. Also as a Finance professional I can understand the brilliant economic steps well balanced by control of fiscal deficit. I understand that in current budget Mr Arun Jaitley had to walk on tight rope of deficit and tax exemptions.Now the high crude prices and MSP is also another worry and may work against government goal of fiscal prudence  Although GST collections on monthly basis is around 96000 crores, government shall need around 1.03 lac crores in next 8 months to keep fiscal deficit under check  The collections may experience some setback with revision in rates.  It is not easy to change the mindset of many who spend on luxury items from dealers and do not go for invoice to save GST.  I understand that the governme...

Last evening as I finished my workout saw a message on my mobile “ Please don’t message anything as I am on leave and my wife might see them” The message was from one of my investors whom I send all Market updates or sometimes light jokes. He is one of the many in my group of investors. Surprised by the message I called him and asked what was it all about ? He replied” Look my wife doesn’t like any sort of messages from any woman and I want peace in life”. Going by his reply I removed him from the group and started driving back home. Many thoughts started to cross my mind. “ Is he a caged parrot? Why is his wife so insecure? Does marriage means you lose your own identity? You only are a husband or a wife ?” Later at night going into my past I realised “ oh even I was same. How my hubby would have coped up with me all those years?” Yes years back I would want the details of all he did throughout the day. Whom did he meet? Where did he go? Checking his mobile always for i...

 Blog courtesy Geert Wilders This blog specially dedicated to leaders like Mamta Banerjee and Human Rights fake organisations You must be having lot of complaints against Mr Narendra Modi( Although long term you will realise how good these changes are) you cannot deny what will happen to India if we have Rahul or Arvind Kejriwal in majority. We will be another Islamic state WHAT IS TRUE FOR EUROPE IS VERY MUCH SO FOR INDIA, and the other way around too, as EU was made to be like the INDian Union, and they are 2 generations behind us but interestingly they are on par with us their current experiences of what home grown & imported ‘’Semitic – monotheistic – fundamentalist – absolutist – ideology -monochrome – dogmatic – religious & religions’’ do over a period. In a generation or two, the US will ask itself: "Who lost Europe?" Here is the speech of Geert Wilders, Chairman, Party for Freedom the Netherlands, at the Four Seasons in New York, introducing an Allian...

THE STORY OF THE SPARROW by Raymond Federman On a beautiful winter day in Siberia, encouraged by the warm rays of the sun in a clear blue sky, a little sparrow left the security of his nest to fly and frolic in the air, but the 40 below zero temperature quickly overcame the imprudent bird who fell to the ground, frozen, and found himself buried in the snow where he would certainly have died in an instant. But by chance a cow trotted by at that moment, and at the very spot where the sparrow was struggling for his last breath, she dropped a large soft cow-dung on top of the bird. The warmth of this dung-bath resuscitated the moribund sparrow. He was so happy, he raised his head out of the cow-shit and started to twitter joyfully, which drew the attention of a wandering homeless cat who delicately pulled the sparrow out of the shit and devoured him. The moral of this story:  Your enemy is not necessarily the one who shits on your head.  Your friend, however, is ...