2012 - MAD IN INDIA
Raunaq Dubey
2nd Year, MBA++ Finance

Bill Vaughan once said; an optimist stays up until midnight to see the new year in and a pessimist stays up to make sure the old year leaves. Many believe the kind of year 2011 has been for the global economy the major economies throughout the world excluding the two Asian giants will surely extract a good sense in dedicating the 31st celebrations to 2011’s departure then 2012’s welcome.

The Asian giants- India and China, the countries with nearly 5000 year long histories were previously the victims of ‘globalisation’ in the name of European Colonialism but they bounced back big time and today they are perceived as the saviours of the global economy by economies not only in the west but throughout!

Micro-financing has taken off in a big way and is no longer a 'micro' business. Organizations like Kiva pioneered this concept on a global scale. Now, in India, Ella Bhatt has helped a social revolution through SEWA.

Sewa finances women who make Agarbattis (incense sticks), bangles, kites, bidis or sell vegetables, recycle paper etc. These are small enterprises which go a long way in making the women economically independant.

We all have come to know the reason for Credit Crunch and its harmful effects.  However, if we try to get into microscopic view, we see the problem can be resolved.

Again  lets not solve the problem by getting into what the banks need to do or need not to do.  Lets try to get into the shoes of a person who is running a SME or a small manufacturing firm.  

I think the best way to
explain this financial crisis would be to use Warren Buffett’s Annual Shareholder
report methodology. In the report he assumes that he is trying to explain his
investment thesis and objective to his two sisters who don’t have any idea
about Finance and Investment. Probably explaining this crisis would be tougher
for even Buffet cause what has happened is unprecedented and it requires an overall
understanding of financial markets ranging from monetary policy to CDS (Credit
Default Swaps).

I have a problem which I want to share with you.

I am really confused as to where should I invest some money in order to save on taxes and do some good investment. It¢s not a big sum but then I just want to make a beginning and as all of us know that well begun is half done.

I am sure most of my us have faced the same conundrum at some point in time.
OK, Let us weigh the options.

Long back, yes i mean it, when i was studying intricacies of
management, i came across a book titled 'death of inflation', dont remember d
author.

It detailed how govts, specially developed ones, have tamed
d inflation wid better coordination between fiscal and monetary policies,
better management by central banks and other economic initiatives. I remember a
batchmate in finance class inquired if such a thing is possible and rather
sarcastically inquired if i had read d book and not carrying it to impress
others.

Dear All,

There is  a Vacancy for the Finance Specialization Candidates. Brief Description:

Experience: 0-2 Years.
Package:    Negotiable( Industry Standards)
Reporting:  Deputy COO.

Work profile: Mapping of the processes of GTL and its Acquired Subsidiaries across geographies.
                    Find out ways to increase the Revenue Share from the Acquired Subsdiaries ( India and
                    international).
                    Any other similar work to be discussed during the interview.

This is my take on Goldman sachs' Paper "India's Rising Growth Potential"

What Goldman Sachs says-

Its budget time in India and things are not all that rosy on the Rural Agricultural front.

According to a BBC report, the government's annual economic survey said India's economy had "decidedly taken off and moved from a phase of moderate growth to a new phase of high growth". However, the report raised concerns over the agricultural sector, which is forecast to grow by 2.7% in the current financial year, down from 6% a year earlier.

Few weeks back I was going thru Times Ascent and I was wondering how important it is to have a grip over US GAAP for somebody who’s thinking of a career in Financial Research. In the same breath I thought that how many guys in our college actually have a good understanding of US GAAP.I think all the people who are vying for jobs in Investment Banks,KPO’s or Boutique Research houses, need to be equipped with US GAAP. I thereby struck upon the idea of doing a plain vanilla time-series analysis of a US balance sheet. I think this exercise can be done at your respective end (in you own PC), provided you have the right material and right guidance. (I would elucidate on the exercise a little later) Anyway I would recommend doing this exercise in a group of 3-4, but if anybody wants to go solo, he’s welcome.