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Goldman Sachs Report and the True Picture of the Indian Economy

Random reflections I am not a big fan of international Rating Agencies, but the recent report of Goldman Sachs analysts ...

General Random Reflections

Article

Who is going to fall? Gautam or Narendra?

Mr Gautam Adani who become the second-richest man due to the support of Mr Narendra Damodardas Modi (See Random Reflecti...

General Random Reflections

Article

Recession – What India should do?

Contrary to the claims of the Finance Minister, India is in recession. Even the RBI agrees. Inequality is on the rise. F...

General Random Reflections

Article

When India wears the G20 crown

G-20, (abbreviation for Group 20) is a fancy name. It has attracted the imagination of many around the globe and is ofte...

General Random Reflections

Article

Importance of Public Banking System and How the Social Responsibility of Banks is being Diluted

Random Reflections A farmer came to a bank and asked for a loan for cultivation. The branch manager asked for security. ...

Random Reflections

Article

RBI Bulletin- What did the media miss out?

RBI Bulletin of Aug 2022, which is available on the website www.rbi.org.in titled, “Privatisation of Public Sector Banks...

General Random Reflections

Article

Why Talk of Privatisation When Public Sector Banks are Doing Excellent?

The net profit of the public sector banks in 2021 was Rs.31,820 crore and their operating profit was Rs.1,97,376 crore. ...

General Random Reflections

Article

LIC IPO is a scandal, SEBI, IRDAI and the Supreme Court must intervene!

The Life Insurance Corporation of India’s (LIC) Initial Public Offer (IPO) has been opaque and only after the issue of t...

General Random Reflections

Article

Why are you killing excellent institutions, Nirmala ji?

Every single institution built up during the last 75 years is either being weakened, strangulated or killed at a slow pa...

General Random Reflections

Article

Amidst Authoritarian Regimes, Terrible Labour Conditions & Privatization, What’s the Future of our Youth?

Across the globe, we are seeing a rise in authoritarian regimes. Vladimir Putin in Russia, Jair Bolsonaro in Brazil, R.T...

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February 28, 2024

Thomas Franco

Goldman Sachs Report and the True Picture of the Indian Economy

Random reflections I am not a big fan of international Rating Agencies, but the recent report of Goldman Sachs analysts shows that they too agree with our concerns about the Indian economy. They clearly say that the financial sector might be entering a challenging phase as the “Goldilocks peri...

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Article

February 1, 2023

Thomas Franco

Who is going to fall? Gautam or Narendra?

Mr Gautam Adani who become the second-richest man due to the support of Mr Narendra Damodardas Modi (See Random Reflections – Why boycott Adani) is in deep trouble. Almost every bank in the country has financed his companies, both listed and non-listed. The Watergate scandal brought down Nixon. Haro...

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Article

November 29, 2022

Thomas Franco

Recession – What India should do?

Contrary to the claims of the Finance Minister, India is in recession. Even the RBI agrees. Inequality is on the rise. From jobless growth, we are in ‘job loss’ growth. Study after study confirms it. OXFAM India Report 2022 on inequality stated that 84% of households suffered a decline i...

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Article

November 25, 2022

Thomas Franco

When India wears the G20 crown

G-20, (abbreviation for Group 20) is a fancy name. It has attracted the imagination of many around the globe and is often dubbed as the most important association of nations that matter in terms of world trade and commerce. But the real power within the G-20 is held by the G-7, another small group o...

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Article

October 3, 2022

Thomas Franco

Importance of Public Banking System and How the Social Responsibility of Banks is being Diluted

Random Reflections A farmer came to a bank and asked for a loan for cultivation. The branch manager asked for security. The farmer said that he doesn’t have any security. The branch manager asked for the land documents, encumbrance certificate, chitta, and legal opinion and finally gave a loan. Aft...

Random Reflections

Article

September 9, 2022

Thomas Franco

RBI Bulletin- What did the media miss out?

RBI Bulletin of Aug 2022, which is available on the website www.rbi.org.in titled, “Privatisation of Public Sector Banks; An alternate Perspective” authored by Snehal S Herwadkar, Sonali Goel and Rishuka Bansal of the Banking Research Division of RBI has evoked a lot of response in the mainstream me...

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Article

June 27, 2022

Thomas Franco

Why Talk of Privatisation When Public Sector Banks are Doing Excellent?

The net profit of the public sector banks in 2021 was Rs.31,820 crore and their operating profit was Rs.1,97,376 crore. The net profit increased by 109% to Rs.66,541 crore in 2022 and the operating profit increased to Rs.2,08,591 crore. Though the performance of public sector banks should not be com...

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Article

May 5, 2022

Thomas Franco

LIC IPO is a scandal, SEBI, IRDAI and the Supreme Court must intervene!

The Life Insurance Corporation of India’s (LIC) Initial Public Offer (IPO) has been opaque and only after the issue of the Red Herring Prospectus(RHP) some details have emerged. From the initial proposal of 5% sale of shares to fetch around Rs.75000 crore the sale is down to 3.5% to get around Rs.21...

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Article

May 2, 2022

Thomas Franco

Why are you killing excellent institutions, Nirmala ji?

Every single institution built up during the last 75 years is either being weakened, strangulated or killed at a slow pace. We are seeing a weakened Election Commission, strangulated Judiciary as stated by the Chief Justice of India. Development Financial Institutions have been killed over a period ...

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Article

April 2, 2022

Thomas Franco

Amidst Authoritarian Regimes, Terrible Labour Conditions & Privatization, What’s the Future of our Youth?

Across the globe, we are seeing a rise in authoritarian regimes. Vladimir Putin in Russia, Jair Bolsonaro in Brazil, R.T. Erdoğan in Turkey, Xi Jinping in China and Narendra Modi in India are glaring examples, yet there are more. Democracy is being thwarted using various means, but let us discuss th...

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random reflections

Goldman Sachs Report and the True Picture of the Indian Economy

Who is going to fall? Gautam or Narendra?

Recession – What India should do?

When India wears the G20 crown

Importance of Public Banking System and How the Social Responsibility of Banks is being Diluted

RBI Bulletin- What did the media miss out?

Why Talk of Privatisation When Public Sector Banks are Doing Excellent?

LIC IPO is a scandal, SEBI, IRDAI and the Supreme Court must intervene!

Why are you killing excellent institutions, Nirmala ji?

Amidst Authoritarian Regimes, Terrible Labour Conditions & Privatization, What’s the Future of our Youth?

Goldman Sachs Report and the True Picture of the Indian Economy

Who is going to fall? Gautam or Narendra?

Recession – What India should do?

When India wears the G20 crown

Importance of Public Banking System and How the Social Responsibility of Banks is being Diluted

RBI Bulletin- What did the media miss out?

Why Talk of Privatisation When Public Sector Banks are Doing Excellent?

LIC IPO is a scandal, SEBI, IRDAI and the Supreme Court must intervene!

Why are you killing excellent institutions, Nirmala ji?

Amidst Authoritarian Regimes, Terrible Labour Conditions & Privatization, What’s the Future of our Youth?