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- Retail investors need to be drawn to bond trading
A country requires both a healthy capital market and a liquid debt market for vibrant economic growth. India has had the first for a long time.
- Selling resources to the top bidder is not always the best option
Auction of scarce national resources, such as telecom spectrum, is a good way of ensuring transparency and maximum revenues for the exchequer.
- Banks need to be doubly sure of clients, big or small, in a slowdown
The clamour for growth in our slowing economy should not make us take the path of subprime credit.
- Indians should come forward to own a slice of Facebook
Facebook’s $5billion IPO is surely the most talked about event in the financial world these days.
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