 "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 6 - Debashis Basu
Inflation: How bad for stocks?
If monetary tightening affects discretionary spending (of the middle class and the poor) and non-essential assets mainly, how will demand for the essential items shrink?
 "Inflation: How bad for stocks?")
Confusing Sebi rules
Any buy/sell advice, including a model portfolio, should be the domain of research analysts while holistic financial planning and asset allocation should be that of investment advisors
Go beyond the rulebook, follow the money
The track record of Sebi and the Securities Appellate Tribunal makes it appear that their effort is to help and not hurt the accused
 "Go beyond the rulebook, follow the money")
Colo fraud: Will CBI do what Sebi did not?
If the CBI wants to get at the truth, it has to cast its net wide, without fear or favour
 "Colo fraud: Will CBI do what Sebi did not?")
How to hit the job creators
IFB Agro charged it was 'singled out by certain excise officials for not succumbing to their illegal demands'
Corruption: Needed thanedar, not chowkidar
PM Modi promised to act as chowkidar to reduce corruption, and bring in "good governance". Is the slogan working? Not quite
Stock markets ignoring inflation shock?
Russia's invasion of Ukraine has only added to the inflation fire
 "Stock markets ignoring inflation shock?")
Eminent yes men behind NSE
Don't forget, the NSE scam and its abuse of power happened under the gaze of three successive Sebi chairmen, the worst happening under C B Bhave and U K Sinha
 "Eminent yes men behind NSE")
2021 retail investing boom has lessons
Covid-19 did what innumerable seminars on investor education could not do for over two and a half decades.
What to make of the ex-banker's arrest?
The rationale for such humungous bad loans is often the first - genuine business failures
 "What to make of the ex-banker's arrest?")
The many benefits of abolishing face value
Outstanding companies, which retail investors ought to be buying, steadily improve their profits over time
 "The many benefits of abolishing face value")
New investors, algos and a bull market
'I believe there will be many Utsavs when the market becomes volatile and algos go haywire', says the author
 "New investors, algos and a bull market")
Time to bury Mudra 'loan mela'
The loan mela called Mudra was a populist and political move to give away money
 "Time to bury Mudra 'loan mela'")
Brazen gaming of bankruptcy process on
According to the data from the Insolvency and Bankruptcy Board of India (IBBI), in over 363 major NCLT resolutions since 2017, banks have taken an average loss of 80 per cent
Visible Covid & market rally, invisible growth
The market rally is visible, as is the horrendous impact of Covid 19. What is invisible is earnings growth
Why stock markets are resilient now
If the earnings slow, interest rates rise or there is an external shock, the market will fall sharply
NSE continues to get favoured treatment
In 1992, when the NSE was conceived, the idea was to offer strong competition to the unruly BSE. The situation has long reversed
Privatisation: But from which PM Modi?
Human memory is short. That alone can explain why many are deliriously happy with his latest slogans and ignore seven years of poor "doing business" climate, taxtortion, extortionate oil prices
Occupy Wall Street 2.0
The GameStop saga has opened up a new frontier of anger against the financial elites. It is Occupy 2.0 with a big difference
Easy money = higher stocks? Think again
It seems intuitively obvious that easy money would find its way into stocks, but evidence on the ground is too thin