Title

Nov 24, 2016

This edition of The 5 Minute WrapUp is authored by Rahul Shah (Research Analyst).

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This Leading Indicator is Surging from a Historic Low

The Baltic Dry Index, which measures the cost of moving commodities like coal, grain and iron ore, is hovering at a two-year high of 1,257 points after hitting its lowest level ever at 290 in February 2016. Does this recovery indicate a revival of Dry-bulk?
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3 Responses to "Title"

parimal shah

Nov 25, 2016

Even if Jan Dhan Accounts are misused and 50000 cash is deposited:
1) The account holder will possibly get 5000/- as his commission
2) This will make that person earn 5000 and reduce poverty of the person to some extant.
3) The remaining 45000 is now back in circulation (although tax may not be paid on that) and the money will be difficult to hide with most of the payments made by digital method.
4) This 45000 has now become white - and put to productive use by investment in securities or production or saving or FD - whatever.

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Prakash

Nov 24, 2016

To compare Ratan tata and Warren Buffett is outrageous. Mr Tata in one stroke has displayed how much he or the group values Corporate Governance , values and code of conduct.Even the lowest level employee who gets fired from any Company is treated as per law and code of conduct. To summarily dismiss Mt Mistry and insult him is a disgrace on the whole Tata empire along with its so called independent Directors (if you would like to call them). One of the directors is Mr Nohria (Dean of HBS). What a shame for a man who is heading an institution renowned for its Corporate Conduct/Governance teaching.
The press in India is Ga Ga over the Tatas because the rest are shameful in this Country. So the true selves of the Tatas are exposed now in broad day light.

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AP Rao

Nov 24, 2016

How can you make comparison of the two groups. Bekshire is purely an investor using the insurance float as a concept in starting the business. Berkshire will not go for green filed projects in steel, software or any business. Berkshire has been investing in companies that are moats and provide a good cashflow and income.

Tata has ambition for self sufficiency before independence and they are more in infrastructure areas which Berkshire will never go into it.

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