Vivek Kaul's Blog, page 2

Explained: Why the Govt is Misleading Us on High Fuel Prices and Oil Bonds

The real reason behind high petrol and diesel prices cannot be easily sold to the public. Hence, the narrative of oil bonds being the reason behind high petrol and diesel prices is being propagated.

Source

Zomato Results Show That ‘Investor Authority’ is a Myth

By deciding to talk in detail about its financial results only once a year, the company has shown that when it comes to the modern corporate structure, investor authority doesn’t really exist.

Source

RBI Has a Very Dreamy View of India’s Covid Vaccination Programme

The central office of the Reserve Bank of India (RBI) is in a skyscraper (by Indian standards) in Fort, Mumbai. The office is very close to the Arabian Sea. On an excessively rainy day like today, I presume the clouds would have come down, and the view from the top floors of the building, would ...

Read more

Source

What’s the Real Story Behind High Petrol and Diesel Prices?

Between 2014-15 and now, taxes imposed by the  government on petrol and diesel have increased by 217% and 607%, respectively. This has pushed up both petrol and diesel prices to very high levels.

Source

Of Government Taxes, Bitcoin and the Fiction of Money

As government taxes have to paid in paper money or fiat money, the demand for it is always going be there. This is a major factor that will keep fiat money systems going and basically ensure that the crypto dream of being taken as a serious form of money, will continue to remain just that. A dream.

Source

On WhatsApp University

Why do people believe things sent on WhatsApp so easily? Some answers to this very important question.

Source

Of Suckers, Mutual Funds and the Old Rs 10 Per Unit Trick

The old mutual fund misseling trick is still around and why you should be aware of it.

Source

Through the Looking Glass – A Book Review

A review of Akhilesh Tilotia's

Source

India’s International Black Money Can’t Be Brought Back Though It Can Keep Coming Back

The Rs 20,7000 crore of funds parked by Indians in Swiss banks is not even small change. What's the real Indian black money story then? Read on...

Source

Petrol and Diesel Prices are High Due to Lower Corporate Taxes, Not Because of Oil Bonds

Petrol and diesel prices are high not because of oil bonds issued by the previous UPA government, as WhatsApp forwards have been pointing out, but largely because of a significant fall in corporate tax collections, thanks to a cut in tax rates in September 2019. In that sense, you and I are paying the cost of lower corporate taxes, in the form of a higher price of petrol and diesel.

Source