Debashis Basu
 "Debashis Basu")
Debashis Basu
Debashis Basu is a Chartered Accountant by qualification with three decades of experience as a journalist and the author of several business books. He has worked with The Times of India, Business World, Business India, Business Today, Financial Express and has written columns for Business Standard and The Economic Times. He now writes a column for Business Standard every alternate Monday. Along with Sucheta Dalal, he has co-authored two best-selling books, "The Scam: From Harshad Mehta to Ketan Parekh" and "Absolute Power: Inside story of the National Stock Exchange’s amazing success, leading to hubris, regulatory capture and algo scam".
Debashis Basu is a Chartered Accountant by qualification with three decades of experience as a journalist and the author of several business books. He has worked with The Times of India, Business World, Business India, Business Today, Financial Express and has written columns for Business Standard and The Economic Times. He now writes a column for Business Standard every alternate Monday. Along with Sucheta Dalal, he has co-authored two best-selling books, "The Scam: From Harshad Mehta to Ketan Parekh" and "Absolute Power: Inside story of the National Stock Exchange’s amazing success, leading to hubris, regulatory capture and algo scam".
Debashis Basu
F&O Market: The real issues and the socioeconomic benefits questioned
Foreign and domestic traders should be treated equitably in tax matters
 "F&O Market: The real issues and the socioeconomic benefits questioned")
Industrial policy redux: India must counter the Chinese supply grip
China needs nothing critical from India - on the other hand, India needs $115 billion worth of goods every year from China to keep various parts of its economy going
 "Industrial policy redux: India must counter the Chinese supply grip")
RBI repo rate cuts alone can't shift India's economic growth gear
Clearly, it is not for the RBI and its monetary policy committee (MPC) to fix any of these deep structural issues and magically create growth
 "RBI repo rate cuts alone can't shift India's economic growth gear")
To counter China, India needs to first crack down on corruption like Xi did
For years, China was viewed as a cheap manufacturing hub. No longer. When Xi Jinping assumed power in 2012, he made no secret of his intention to move China up the value chain
 "To counter China, India needs to first crack down on corruption like Xi did")
Donald Trump's tariff deals: End of the beginning in global standoff
Many experts thought that Mr Trump's aim was to lock China out of the global trade chains by striking major deals with big, long-term trading partners and allies. They were wrong
 "Donald Trump's tariff deals: End of the beginning in global standoff")
What the markets seem to suggest about Trump, tariffs, and optimism
The German market has hit a lifetime high. Even though the United States (US) is supposedly facing the prospect of empty shelves in a few weeks
 "What the markets seem to suggest about Trump, tariffs, and optimism")
US-China trade war: Counting chickens in India's opportunity talk
Beneath the optimism lies a more sobering reality
 "US-China trade war: Counting chickens in India's opportunity talk")
Donald Trump's reciprocal tariffs: Running blind on a global tightrope
The biggest issue is the assumption that while Mr Trump upends the existing order at his own will, "all other things will remain equal"
 "Donald Trump's reciprocal tariffs: Running blind on a global tightrope")
Time for a relook at tax on buybacks to boost shareholder returns
The legal and regulatory framework governing buybacks is primarily under the Companies Act, 2013, and the Sebi Buyback of Securities Regulations, introduced in 1998 and updated in 2018 and 2023
 "Time for a relook at tax on buybacks to boost shareholder returns")
Trump's tariff tantrums: A looming threat that remains underestimated
As Mr Trump takes a wrecking ball to global trade linkages, the impact will be devastating
 "Trump's tariff tantrums: A looming threat that remains underestimated")
Long live the mad bull market: A strong comeback seems unlikely soon
Since 2021, smallcap and midcap stocks have skyrocketed and form the core of the market today as retail investors and many mutual funds piled in
 "Long live the mad bull market: A strong comeback seems unlikely soon")
Which road to Viksit Bharat? Charting India's path to development by 2047
Historically, most nations have managed to move only one income bracket higher over the past 80 years
 "Which road to Viksit Bharat? Charting India's path to development by 2047")
Union Budget 2025: More of the same with similar outcomes expected
Every single feature of India's lower middle-income status remains intact
 "Union Budget 2025: More of the same with similar outcomes expected")
Shakeout in smallcaps: Divergence likely within the smallcap universe
The two key market indices, the Nifty 50 and Sensex, peaked on September 27 and are down 11 per cent now
 "Shakeout in smallcaps: Divergence likely within the smallcap universe")
Modest growth raises concerns about sustainability of market rallies
Next time the GDP numbers are announced, the slowdown could be attributed to global economic weakness, rising oil prices, or another drop in domestic capex
 "Modest growth raises concerns about sustainability of market rallies")
Time to focus on export-led Indian miracle as US leans toward isolationism
It is surprising that India has not followed this path even though there have been plenty of examples of export-led economic miracles from the 1950s closer home
 "Time to focus on export-led Indian miracle as US leans toward isolationism")
Two stock markets in one: An unexplained anomaly not seen before
Bank credit is not growing because companies are still focused on deleveraging their balance sheets, while higher interest cost is squeezing the net interest margins of banks
 "Two stock markets in one: An unexplained anomaly not seen before")
Dark clouds gather over Indian market amid Trump's return, growth slowdown
Troubles on the external front have come exactly at a time when large well-run domestic businesses are reporting a severe slowdown
 "Dark clouds gather over Indian market amid Trump's return, growth slowdown")
Indian economy expected to follow its natural course of modest growth
India's economy has long been characterised by modest growth cycles, rarely experiencing recession, but also failing to achieve sustainable acceleration
 "Indian economy expected to follow its natural course of modest growth")
GST collection falls, exports drop: Is India's economic growth slowing?
The index of industrial production (IIP), which tracks the output of eight core industries, such as coal, oil, and electricity, was negative in August for the first time in three years
 "GST collection falls, exports drop: Is India's economic growth slowing?")
