Author
The writer is author of the book: The Market Mafia - Chronicle of India’s High-Tech Stock Market Scandal & The Cabal That Went Scot-Free. Palak has been a journalist in Mumbai for nearly two decades now. He has worked for most premier pink papers including The Economic Times, Business Standard and The Financial Express and The Hindu Business Line. He was drawn to crime reporting at the age of 19 but a few years in the field told him that the fabric of crime had changed and the organised gangs, as Mumbai had witnessed during the eighties, no longer existed. It was business and markets that dominated the scenario. His passion to unravel the intricacies of the ‘white money’ economy led Palak to the world of finance and regulations.
Chronicle of stock market turbulence foretold. Equity bulls have been largely skeptical about the U.S. Federal Reserve's historic rate hike, 500 basis points in a year. But if the Fed infused a massive bout of liquidity in 2020 amidst the peak of the pandemic was a catalyst that led to a three-year bull-run and propelled the global stock markets to new lifetime highs, naturally, the market rally should pause now with the Fed moving to curb liquidity with an iron hand
Read MoreFPI shorts in index futures at 1.75 lakh contracts is second highest in 2023 after 1.96 lakh contracts seen in March 2023
Read MoreSAT Judge called Sebi's logic of ex-parte order a 'Carte Blanche.' Fresh reasoning in the final order, extended investigations time of 8-month and difference of opinion between Sebi chief and WTM weakened the case
Read MoreAll the three states go to polls in November and the results will be declared on 4 December. Scindia factor in MP to benefit BJP, while lack of a CM face in Chhattisgarh will hurt. Bookies expect turnover to cross Rs 50,000 crore
Read MoreIn an interview with Palak Shah, Arora shares insights on how Helio MF will continue to beat the streets.
Read MoreDocuments with BW show the affidavit is authentic and Hiranandani has filed it with the Indian embassy in Dubai. It has seal of the Dubai consular general and she has said that documents were signed in her presence and the person was identified by his / her passport no: Z4976261. Asiwal's stamp and signature is of October 20, 2023. The passport belongs to Darshan Hiranandani
Read MoreMoitra says Darshan Hiranandani's letter is not authentic as it is missing notary and letterhead. If Hiranandani accepts he wrote it, Moitra may face arrest too for the 'cash for query scam' in Parliament
Read MoreRiding high on hopes, MCX makes a slow start with the new technology. Brokers tread a cautious path
Read MoreInGovern alleges company suppressed facts concerning a secret shareholder agreement and did not disclose that chairman and non-executive director Mohib Khericha and his family members and trust linked to him were just a front entity for businessman Vijay Korloskar, the original promoter
Read MoreNarain was accused in a CBI case regarding illegal interception/monitoring of telephone calls of NSE employees for which a third-party vendor was engaged
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