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Markets with Bertie: Don’t just do something, stand there

Buzz line2 months ago06 mins

At a quarter to one last Sunday, Bertie found himself having lunch alone at the FatCats Club. This is a significant departure from our man’s routine, wherein most Sundays are spent devouring a home-cooked meal and enjoying an afternoon siesta. But Bertie is a man of habit, and last Sunday, two of his habits collided….

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  • Market

Investors see red as Budget offers little to celebrate. What went wrong?

Buzz line2 months ago012 mins

India’s benchmark stock indices slumped about 3% intraday, as finance minister Nirmala Sitharaman’s decision to raise securities transaction tax (STT) on futures and options (F&O) trades spooked investors. Higher-than-expected government borrowings for the next financial year starting 1 April also worried investors, as the move could spike interest costs for businesses and make sovereign debt…

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