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
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
Stock market: When even hindsight isn't 2020
Forecasting is a hit or miss business even in normal times. And at a time when even hindsight is not 2020, predict at your own peril what will happen in 2021
Companies in banking? Wrong debate
India had already allowed businesses houses to enter banking in its 2013 bank licensing guidelines
Banking reforms: The real metrics
Under Shaktikanta Das, RBI has been moving speedily on banking reforms. The most crucial question is, will any of this mean a big difference to the quality and cost of banking services for depositors?
 "Banking reforms: The real metrics")
Prediction-addiction, despite being in a fog
We are usually wrong in our predictions about the economy and market, especially since we bring in our own biases to fill the vast gaps in our information. And yet, we cannot help but predict
 "Prediction-addiction, despite being in a fog")
Financial offences? Pay a small change, and carry on
Scams, misconduct, and misdemeanours happen with high regularity not because these are inevitable, but because the price of getting caught is insignificant
Will Sebi's fatwa for multi-cap funds work? Only the market will determine
Sebi's new diktat says multi-cap equity funds must invest a minimum of 75% in equities, up from 65%, with at least 25% each in large-caps, mid-caps, and small-caps
 "Will Sebi's fatwa for multi-cap funds work? Only the market will determine")
