Blockbuster numbers from Hindusthan Insulators & Industries. It's currently at 8 TTM P/E! Disc: Not a buy or sell recommendation!

Summer is back in Hyderabad!

Until UP elections are done, Andolans will run!

FIIs are in a hurry. Weak rupee. Better yields. And, on top of that, such lovely and friendly tax policies! The government knows exactly where the easy money is. Why worry about the 3–4% of the population that actually pays income tax? More than 60% of this tiny group doesn’t even vote. And even if they do, their votes are unlikely to make much difference to any political party. Vilfredo Pareto might finally have to reconsider his famous 80–20 rule. India has its own version: 97–3. 3% do the donkey’s work, generate the taxable income, pay the taxes, and the system figures out how to distribute it among the other 97%. No wonder FIIs are in a hurry. They don't want to be part of this 3% donkeys!

Presenting the HIE Indicator, perhaps the most reliable and powerful indicator of them all! Every time an HIE event happens, the market seems to throw up an opportunity. Last time, the market took a whole extra month to react. This time, it didn’t even wait for the dust to settle, the market reacted almost instantly! And this has been a blessed coincidence for the last 5–6 events!

Music On. Sannata On!

The US’s AI think tank says AI’s next big race is for power and energy. If that’s the race, China may have already won it!

Remember when TCS and Infosys results used to feel like a mini competition? Every quarter, there was a quiet question in the background: “Who posted the better numbers this time?” Today, not many people care about that rivalry anymore. But for years, it was one of the more interesting contests in Indian IT. Could we see something similar develop between Divi’s and Laurus going forward? A healthy competition between two strong players could make the next few years quite interesting.