Rajat Gupta breached trust and he is being punished rightly. But how many of us can today believe that our system will even recognise this as a crime? That in a nutshell probably shows have deeply our values have fallen into the abyss

On 22nd Oct, 2016, Arvind Gupta penned a letter to the Prime Minister, Narendra Modi and appealed to him, to investigate into the illicit banking and commercial relationship between Videocon Group of Venugopal Dhoot and ICICI Bank’s MD & CEO Chanda Kochhar’s family owned NuPower Renewable Group, steered by her husband Mr. Deepak Kochhar.So why do we have this track record of never ever listening to whistleblowers? One can argue that the Govt will be getting hundreds of such letters every day, so how can they investigate everything? But then, Arvind Gupta is no mischief monger – he has a degree in economics from Banaras Hindu University, is the founder-trustee of Indian Investors Protection Council and holds a PhD in Public Sector Economics.

Today, diesel in Mumbai fuel pumps cost Rs.53.40/litre while petrol costs Rs.73.74/litre. And if this price hike of Rs.10 does come in, it could mean that diesel will cost Rs.63.40/litre. This in turn means that the gap between diesel and petrol

Week after week, we talk about capitalistic pursuits so this week, the thought was to look at some people who could have become big in corporate world, earned bags of money but they chose to work, use their education for the benefit of others. Dedicating one's life to the poor and downtrodden is probably the highest form of spiritualism,

Maybe the market is punishing the company for selling shares in a non-transparent manner for raising money through the ‘gift’ way. That, for the market in the Nirav Modi era, is a big red flag. Yes, the Nirav Modi and Gitanjali scam too has spooked the market and wherever there is even a doubt, punters are fleeing.

No one seems to be buying property today as such horror stories have become commonplace. And under construction projects are shunned like plague. Only projects which have an OC and ready to move in are doing relatively better. Over 12.76 lakh houses are lying unsold in India's top 30 cities, a rise of 8% (YoY).

So be it the bigwig companies or the small enterprises, right from a baker, gym owner, hotels, restaurants, almost everyone around you and me is anxious. Every startup is hyperventilating. And this is the real impact of the Covid-19. Those getting afflicted and dying due to the virus is direct but all these making a living on the middle and lower rung of the economic ladder are at an increasing risk of falling off if this crisis continues.

The stock is in the news today though the stock price did not tank as much as expected. The stock, remains range-bound in the Rs.140 levels

The stock, which had closed yesterday at Rs.21.55, opened itself today at its 5% UC of the day at Rs.22.60, where it now remains frozen. Its 52-week high is at Rs.30.90.