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Debashis Basu is a Chartered Accountant by qualification with three decades of experience as a journalist and the author of several business books. He has worked with The Times of India, Business World, Business India, Business Today, Financial Express and has written columns for Business Standard and The Economic Times. He now writes a column for Business Standard every alternate Monday. Along with Sucheta Dalal, he has co-authored two best-selling books, "The Scam: From Harshad Mehta to Ketan Parekh" and "Absolute Power: Inside story of the National Stock Exchange's amazing success, leading to hubris, regulatory capture and algo scam".
Debashis Basu is a Chartered Accountant by qualification with three decades of experience as a journalist and the author of several business books. He has worked with The Times of India, Business World, Business India, Business Today, Financial Express and has written columns for Business Standard and The Economic Times. He now writes a column for Business Standard every alternate Monday. Along with Sucheta Dalal, he has co-authored two best-selling books, "The Scam: From Harshad Mehta to Ketan Parekh" and "Absolute Power: Inside story of the National Stock Exchange's amazing success, leading to hubris, regulatory capture and algo scam".
Indian regulators have been unable to ensure that the right kinds of financial products are sold to the right kinds of people
Regulators and policy makers talk to the producers talking to market intermediaries is beneath them, and talking to the large unwashed masses of savers and investors is just not on their agenda
Expecting independent directors and institutional investors to do more about mergers like Escorts may be unrealistic
The Indian saver has a plethora of choices and the market infrastructure is world-class. But is all this working for him, the consumer, or for the seller?
Most investors are not made aware of the risks involved in gold investments
Although elements of growth are in place, the financial services sector is not growing