Debashis Basu
 "Debashis Basu")
Debashis Basu
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".
Page 3 - Debashis Basu
Economy: From Modi 1.5 to Modi 3.0
Remember, "development" is not the only thing the Bharatiya Janata Party (BJP) had promised
 "Economy: From Modi 1.5 to Modi 3.0")
Why foreign financial firms have quit
A surge in prosperity between 2005 and 2008 was purely due to a massive global boom across all geographies
 "Why foreign financial firms have quit")
Are MF stress tests of any use?
These are usually found among small and midcaps. It is not easy to find such stocks, especially after a strong bull market
 "Are MF stress tests of any use?")
That tricky issue of job creation
Why is it so hard for government action to create jobs - so much so that even high economic growth under different regimes is not good enough to change the basic picture of unemployment?
 "That tricky issue of job creation")
Electoral bonds: Where are the disclosures?
For those who have donated, the question is: Where are the disclosures to shareholders?
 "Electoral bonds: Where are the disclosures?")
Sebi and RBI take away the punch bowl
Unenviable position: If regulators act ahead, they are criticised as the action is at odds with some people's financial interests; if they don't act, they are blamed for being lax when disaster hits
 "Sebi and RBI take away the punch bowl")
The spectacular flameout of Byju's
Byju Raveendran set up Think & Learn in 2011, got his first funding in 2013 and launched The Learning App in 2015, which became a case study at Harvard Business School
 "The spectacular flameout of Byju's")
How about a White Paper on Vision 2047?
Since this White Paper ends with the statement 'Amrit Kaal has just begun and our destination is India a developed nation by 2047', it is only fair to map how this would roll out
 "How about a White Paper on Vision 2047?")
Zee: DIIs and unitholders' interests
Why are DIIs holding such a high stake in Zee, which is beset with alleged governance issues? Perhaps they think Zee is a deep-value stock
 "Zee: DIIs and unitholders' interests")
Ease of business vs tax pressure
Obviously, tax officials believe that all these tightly regulated companies, including government ones, have short-changed the government
 "Ease of business vs tax pressure")
The consensus bullish forecast
Markets and economies are complex, emerging, adaptive systems
 "The consensus bullish forecast")
Stocks: New players, old behaviour
I remain bullish because of a combination of two factors: Massive government expenditure and the resilience of Indian consumers
 "Stocks: New players, old behaviour")
The Modi premium
Economic growth, which we are taking for granted, slows for a completely different set of local or global factors and the Modi premium vanishes
 "The Modi premium")
The shocking story of Sahara
At its peak, Sahara Parivar claimed a payroll strength of over 1.2 million workers, next only to the Indian Railways
 "The shocking story of Sahara")
'Risk-on' for markets
The stock markets may rise over the short term, but it is too early to conclude that the 'worst is over' for the US economy
 "'Risk-on' for markets")
How to loot the public sector banks
Banker-borrower collusion has led to a surge in IBC cases, with pre-planned fraud that results in minimal realisable value
 "How to loot the public sector banks")
Beyond the bond market's message
Unlike in the past, when India and other developing markets caught a cold when the US sneezed, the situation is somewhat different now
 "Beyond the bond market's message")
Through the economic data fog
The picture of the Indian economy is one of near stagnation between 2011 and 2020, a massive bounce-back in the immediate post-pandemic period, and now muted growth
 "Through the economic data fog")
Why small and microcaps are rocketing
The question on everyone's mind is, will this be sustainable? The answer is not simple
 "Why small and microcaps are rocketing")
Rolling the dice on growth
To believe in strong, secular growth, we first need to understand and believe in our growth model
 "Rolling the dice on growth")
