The onset of monsoons and the current flooding, has certainly affected the capacity of state and local-self-governments. The fiscal scenario in the state is precarious and there is a certain level of fatigue seen in the entire government machinery. The ‘Kerala model’ of COVID-19 response will not be defined by what has been done till now, rather by how the state will cope in the next six months. After all, the best containment strategy for COVID-19 is about how well we learn to live with the virus, with a hope that a vaccine will be available soon. … [Read more...] about COVID-19 and Kerala | How investment in social capital is paying off now
Advantages and disadvantages of social networks
To test that assumption, a few valuation multiples and profitability ratios for the US markets are compiled. In the US markets, the S&P 500 represents large caps, S&P 600 the small caps, Nasdaq 100 represents the technology sector large caps, while S&P small cap IT is self-descriptive. For the financial data, an ETF tracking the index has been used. … [Read more...] about Should US equities be the core investment in an Indian portfolio?
The original model was mainly for manufacturing companies. Then, I realised there are many companies which are not publicly traded and there is a need to build models for private companies as well. We built a second-generation model in 1995 for emerging markets.Fast forward to 2015 and the Italian stock exchange reached out to me to build a model for small companies issuing mini bonds. These are lesser known businesses, and investors were looking for some transparent accurate models to evaluate them. I reached out to my colleague Gabriele Sabato to help me build this model. He was with the Royal Bank of Scotland then and used his free time in the evenings and over weekends to help me in this project. … [Read more...] about Exclusive | India and the world were already overleveraged when COVID-19 hit, hence there will be massive bankruptcies: NYU professor emeritus Edward Altman
This brings to mind my interaction with a client who had started working straight out of college and was doing very well in her job. When she had a baby after many years, she decided it was time to take a break, spend time with the child and take up something only after she was happy leaving the child with a reliable support system. Her plan was to get back to work in about 6-9 months. However, what actually transpired was quite different. … [Read more...] about Planning to take a break from work? Follow these steps to avoid financial stress