Indian Equity Research and Investment Strategy
Research on Indian Economy, Markets and Macro Indicators
As Anna Hazare and Baba Ramdev fast, I was not sure to sacrifice my lunch or not. However, I got into analysis of Black Money in Karnataka Real Estate which is a staggering sum. Here are the findings of my Research.
Karnataka State Government collected Rs 3758 Cr as Stamp Duty and Registration charges on properties in the FY 2010-11. According to the Government of Karnataka (more…)
The unfortunate natural disaster that occurred in Japan over the last few days will have limited impact on Indian Companies and Equities. India’s exports to Japan (2.1% of total) – primarily metals/ores, and imports (2.3% of total).
The possible indirect impacts – on India’s nuclear energy policy going ahead, the reaction of Japanese businesses regarding India operations and investments and Japanese capital flows into India (equity and debt), could have greater (more…)
With the DMK withdrawing support to the Weakest Prime Minister in Indian History, the case for FIIs Sell India or Wait on the Sidelines has gotten stronger. Adding to the woes of PM, the Supreme Court took to task the office of the PMO for appointing potentially highly corrupt official – Thomas for the post of CVC and eventually quashing his appointment order only tells the impotence of Governance.
The Government was just vocal about tackling the Highest Inflation in independent India and over the next 6 (more…)
The FY 2012 Central Budget has not done anything dramatically. It provides incentives to increased infrastructure spending along with increased funding sources, highlights supply side issues in agriculture with an effort to provide solutions.
In the Union Budget for FY12, the government announced a reduction in the fiscal deficit to 4.6% of GDP from an estimated 5.1% in FY11, without any new tax revenue measures. However, it will be difficult for the deficit targets to be met given that it is based (more…)
The most important problem India is facing now is Rampant Corruption from Taluka Panchyat Office to the Offices of Union Government. We expressed our concern as FIIs are unlikely to invest in Economies run by Corrupt Governments [Read here & here] After that most FIIs published report on “Scams & Corruption” in India which has led to the stalemate in our parliament hindering Major Policy Decisions and Blocking the most sought after GST – Goods & Service Tax Bill which was supposed to be implemented from April-1st-2011. This has led to the overall change in Macro sentiment reducing the Market Premium which Indian commanded in the past.
License Raj was the form of Corruption until (more…)
The Indian Government headed by the Weakest Prime Minister in the History, Dr Manmohan Singh shed Crocodile Tears on Rising Onion and Vegetable Prices by announcing slew of measures which will not have any long term impact on the Food Inflation.
The Government said that Onions, including imports from Pakistan, will be sold through agricultural co-operative outlets at nearly (more…)