Sudip Bandyopadhyay’s Blog

The expectation from the Union Budget for the current year is significantly considering the following :

1)    The Government is now firmly in saddle for close to a year and has 4 more years to go before the next general elections.
2)    Finance Ministry and the government, in general, did get adequate time to ponder over the [...]

Charles Mackay’s Extraordinary Popular Delusions and the Madness of Crowds, published in 1841, with its vivid description of celebrated financial bubbles is a very powerful book written about market psychology.  The infamous Dutch tulip mania, the South Sea Company bubble and the Mississippi Company bubble mirror the economic hysteria and fluctuations in the global financial [...]

According to popular and probably unfounded belief, a Chinese curse wishes upon enemies that they may live in “interesting times”. Accursed or not, these times are nothing if not interesting. Policymakers have thrown away their maps and are leading us into the unknown. Each new initiative sets both markets and chatter aflutter, as people fret [...]

Sherman McCoy, the fictional 1980s “Master of the Universe” Wall Street bond trader, had his sights set on a deal that could earn him $ 1.7m in commission payments, money he needed to pay off the mortgage on a lavish Park Avenue apartment.  “The only real problem was the complexity of the whole thing,” readers [...]