The Sensex is back to where it stood in early 2023. For a generation of investors who entered the market riding the post-pandemic bull run, this feels like a betrayal. It isn’t. It is, in fact, the most important lesson the market will ever teach them , and it is being offered for free. Let me…
How two small, broken nations invented conglomerates to compress a century of growth into twenty years, and what it means for India’s big gamble. In 1960, South Korea had a lower per capita income than Ghana. Japan lay in the ash of two atomic bombs. Today, one is the world’s tenth-largest economy; the other, the fourth….
HDFC’s quiet structural amendment may look like a small-print change—but it carries large implications. Every Indian investor in a Gold ETF needs to pay attention. For nearly two decades, a simple idea has underpinned India’s Gold ETF industry: physical backing. Every marketing brochure, every financial advisor’s pitch, and every retail investor’s mental model rested on…
Modern Monetary Theory (MMT) has emerged as one of the most provocative and influential ideas in contemporary economics. Gaining prominence after the 2008 financial crisis and exploding into public debate during the COVID-19 pandemic, MMT challenges long-held assumptions about government budgets, debt, and the limits of spending. At its core, MMT reframes how sovereign governments…
There is a number that explains almost everything happening in Indian markets right now. It is not the Sensex level, not the rupee exchange rate, and not the RBI’s repo rate. It is nominal GDP growth, and for the past three years, it has been running far too slowly. Foreign institutional investors have been selling…
How One Idea Rewired the Global Economy Brent Johnson’s provocative framework predicted dollar dominance at a time when the consensus was pointing the other way and markets have been grappling with the consequences ever since. When Brent Johnson, a portfolio manager at Santiago Capital, first sketched out what he called the Dollar Milkshake Theory in…
On February 25, 2026, the CME Group’s Globex platform halted trading in metals and natural gas futures and options at 12:15 p.m. CT due to a reported technical issue. Natural gas reopened at 12:50 p.m. CT, but metals—including gold, silver, copper, and others—remained offline until 1:45 p.m. CT. The exchange described it as an isolated…
Imagine waking up one day to find that someone has quietly redeemed your mutual fund units without your knowledge. It sounds alarming, but this is exactly the kind of fraud that has been targeting investors in recent years. To tackle this, India’s market regulator SEBI has introduced a simple but powerful new tool A “Debit Freeze” for your…
In the fast-evolving landscape of Indian personal finance, a popular strategy promoted across social media promises seemingly effortless wealth creation: borrow against residential property at 8-10% interest, deploy the proceeds into equity mutual funds expecting 12-15% long-term returns, and use Systematic Withdrawal Plans (SWPs) to service the loan while the house appreciates independently. On Excel…
The Indian government has launched National Monetisation Pipeline 2.0 (NMP 2.0), a scaled-up blueprint for unlocking value from public infrastructure assets to fund ambitious development goals without escalating debt. Unveiled by Finance Minister Nirmala Sitharaman on February 23, 2026, and prepared by NITI Aayog, NMP 2.0 targets an aggregate monetisation potential of ₹16.72 lakh crore over FY26–FY30 (2025-26…
