Letter #122 Strong power demand (higher than GDP growth in 2 of the past 3 years) and possible enactment of the new Electricity Act in the monsoon session have many investors excited. And if implemented earnestly, it has the potential …

Letter no # 121   Crude oil is down 12% (1m) and 33% since Jun-22. India imports 87% of its requirements; lower prices are good. But, counteracting forces often play out. Crude impacts India’s BOP, inflation, govt. finances and rates. …