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India

Deciphering Growth

The reported growth figures, while seemingly promising, come with a caveat ~ a dash of scepticism. Behind the curtain of soaring numbers lies a labyrinth of methodology, where the calculation of GDP growth resembles more of an art than a science.

An encounter with the Prince

I took this photograph with my box camera.” Prince Charles had a hearty laugh and said: “Oh, we have a blackmailer here!” He told his secretary: “Send him a message” The message from the Prince of Wales was duly received and published in the first brochure brought out by the Mahindra UW.

Is there a third way for social equity markets?

From a philosophical point of view, Islamic financial markets are actually risk-sharing stock markets with moral issues defined by the shariah. So far, few Muslim countries have used stock markets to make social change. A third way therefore is already technically feasible. All it takes is some courage to think and act outof-the-box.