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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".
The Rs 500 and Rs 1,000 notes that are not deposited in banks by 30th December will extinguish RBI's liability, and it can declare a big dividend to the government
In short, the largest investments by the Tatas over any decade happened under Mr Tata between 2000 and 2010, and overall, they have lost big money
Sebi has just issued a discussion paper on tightening the role of investment advisors
The global financial crisis finally drove home the fact that savers and investors cannot make rational choices always, faced with complex decisions or too much information
The objective and provisions of many of our laws were not designed for democracy
Mr Chakrabarty, who had his feet well-grounded in both business banking and consumer issues, was a rare commodity in the central bank because of his clear thinking, ability to learn, frankness, drive
Businessmen too were excited with the payment bank idea, as they always are, when regulators seem to open the cookie jar just a little bit to allow a few hands to dip into it
In trying to ensure a "pensioned society", I assume that the government wants the middle class to be able to retire safely and securely
A Bankruptcy Law is what India needs but the new bill has some shortcomings
On paper, the need for a real estate law that would "protect" the buyers is sound. Real estate is the largest expense item for everyone, barring the super rich
US markets have broken out of a long period of low volatility while trending slowly upwards