Page 6 - Debashis Basu

Time to change Sebi rules on advice

If you read Sebi regulations on investment advice, retail algos are illegal products

Rakesh Jhunjhunwala: A perspective

In fact, Rakesh's achievement was greater than that of Mr Simons, a mathematical genius who has a team of super-bright mathematicians and physicists to develop quantitative techniques

Regulating investment advice: Fintech vs Sebi

How do fintech firms deal with the physical process that Sebi demands? They can't

An old, new bull market?

Rising inflation, rising interest rates, and slow growth together act as a cold wet blanket on the stock market

'Rational man' regulation: A farce

People who circle junkyards for matching hubcaps will buy mutual funds without reading the prospectus

Listed firms can't act like start-ups

Start-ups don't care that mad-money funding comes to a hard stop after an IPO

Inflation: Looking beyond forecasts

It may be worthwhile to pay attention to what the markets are telling us, as they did during the pandemic, rather than rely on consensus forecasts

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?

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

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

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

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

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

The many benefits of abolishing face value

Outstanding companies, which retail investors ought to be buying, steadily improve their profits over time

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

Time to bury Mudra 'loan mela'

The loan mela called Mudra was a populist and political move to give away money