The government needs to send out a message to the business community that ‘we are on your side.’
RAKESH JHUNJHUNWALAI’ve lived the world on my own terms. I do what I enjoy. I enjoy what I do.
More Rakesh Jhunjhunwala Quotes
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I’m not afraid of losing money, I’m afraid of sour relationships.
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What leads to a growth – skills, demographics, natural resources, democracy, entrepreneurship – India has in abundant measure.
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There has to be a period of consolidation in the IT industry. Similarly in pharma, I think India is going to be a world power. We have the lowest cost, good technology, Indian companies are gaining size.
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The journey to limit crony capitalism: It’s a journey, it’s not a destination. Slowly but surely, in India, crony capitalism has died and governance is what brings about real growth.
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What India needs is ease of doing business and inherent faith in the ability of Indians to catch an opportunity.
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Alternatives to oil are coming up. In the long run, it is not going to be as bleak as people are predicting but surely consumption of fuel by automobile sector is going to go down.
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The first stock I bought was Tata Tea, the first stock where I made big money was also Tata Tea.
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I am not giving so much of my wealth that I should feel that I am a philanthropist.
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I think true love – love, wine and beauty, they better with age.
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You cannot artificially curb gold imports beyond a point. But I am hopeful it will happen because the rupee depreciation should by itself lead to a large growth in exports and some compression of imports.
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I am interested in government spend quality, as it accounts for the biggest chunk of the social spending pie. Hundreds of foundations put together cannot equal what the government can spend.
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These dire predictions of COVID are behind us. Covid is getting milder and people are learning to treat it better. The percentage of deaths is coming down. We are learning to live with it.
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Bull markets are Test matches and not 50-over games.
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I know film industry is not a very healthy place to be in.
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But I can tell you markets are like women, always commanding, always mysterious, always volatile, always exciting and it is not a joke.
RAKESH JHUNJHUNWALA