Blah, blah...something deep & profound yet cliched. Largely here for financial markets ever since I gave up bloomberg . This is my less snarky account.
@whizkidd Laws have been around for a while. Who stopped the punishments is the bigger question.
We have laws for everything, only implement as per the card rate.
@anshuman1tiwari Flows will attract more flows, with fcnr window RBi has laid a hard line for rupee around here, 96-98, for the foreseeable future. FPI debt is always a call on ccy first.
@Venkat_R_ They are trying the arms distance technique of absolving poor performance. I tried to save you in 12 years but despite my best efforts Nehru/INC will probably win to make you poor