Can You Trust the National Stock Exchange of India ?

June 13, 2017 · Filed Under technology · Comment 

SEBI had received complaints that National Stock Exchange (NSE) co-location facility had provided unfair access to select trading members. The co-location issue relates to brokers placing their servers at the exchange’s premises during 2011-14 [No doubt it happened during the Corrupt Congress Regime], which reduces the time for an order and provides a speed advantage to these over those located away from the premises. Faster access to data feed of an exchange, even by a split second, can result in huge gains.

SEBI in its investigations found that (i) NSE’s architecture with respect to dissemination of data was prone to manipulation and market abuse; (ii) preferential access was given Read more

Black Money crackdown set to Intensify

March 14, 2017 · Filed Under / · Comment 

As per state election results declared by the Election Commission on March 11, 2017 the BJP performed exceedingly well in the largest Indian state of Uttar Pradesh (UP) where it managed to capture 77% of the seats. It is worth noting that this is a historic victory as is evident from the time-series data on the seat share and vote share captured by the winning party as compared with the previous UP elections.

Policy-making in India is likely to Read more

Rs 500 + Rs 1000 Currency Ban – Modi Corners Corrupt Congress Politicians / Bureaucrats

November 10, 2016 · Filed Under bank · Comment 

Discontinuing usage of either of Rs 500 or Rs 1000 notes can significantly increase the physical risks of holding black money [What we have seen is, weight of Rs 1 Crore in the form of hard cash rises from 12kgs to 100kgs if the denomination of the sum is changed from 1,000-Rupee notes to 100-Rupee notes]. In line with these expectations, the Government banned Rs500 and Rs1,000 notes. Modi-led NDA Government is committed to the crackdown on black money.

The Key takeaways from this call of demonetizing existing currency notes – (1) this move reflects the NDA’s strong resolve to curb Read more

What is Amount of Black Money Corrupt Congress, BJP, etc Spend in 2014 Polls ?

March 21, 2014 · Filed Under / · Comment 

Our discussions with members of the political eco-system in India reveal that each candidate who wishes to contest the General elections in India in 2014 has to provide his / her party a sum of around Rs20 crore on an average the operating cost incurred by a candidate in the process of campaigning. Furthermore, this initial investment is typically a function of the economic well-being of the constituency that the candidate is participating from, as this Read more