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The Battle of Taxes: SGX “Steals” the Nifty

It’s Impossible to be sure of anything but Death and Taxes – Christopher Bullock

Governments and Kings before them for centuries have been able to run administration through efficient use of taxes. But taxes are also a friction for business …

Market Roundup – Opportunity or Crisis?

On Friday, the 23rd of March 2018, markets fell by 1.2%. While this is not a significant fall, what was significant was the fact that this drove the draw-down of Nifty 50 from its highest close to over 10%, something …

The Abeyaar Series #1: Evergreening


A conversation on Slack today on our Premium channel led to this explanation of the concept of “evergreening” loans by banks.

So let’s say you are 60 days past due. In 30 days you will become NPA. The scene is …

How The 11,400 cr. Import Ponzi Scam at PNB Unfolded

There’s a huge “fraud” at Punjab National Bank, which involves a lot of lies by a lot of people. Here’s where we come in to explain what we think happened.

But first, a few important notes:

There’s no reason to…

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