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.
RAKESH JHUNJHUNWALAThe first stock I bought was Tata Tea, the first stock where I made big money was also Tata Tea.
More Rakesh Jhunjhunwala Quotes
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The biggest thing that limits India’s growth is democracy, but it is needed. We cannot overrule it.
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The markets are like a weather; you may not like it but you have to bear it.
RAKESH JHUNJHUNWALA -
I do not do any trading internationally.
RAKESH JHUNJHUNWALA -
My personal opinion is that when the economy does well, anybody who has a deposit franchise will survive and grow because how can you lend if you do not have a deposit franchise?
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My true gods are my parents. I am what I am because of them.
RAKESH JHUNJHUNWALA -
Bull markets have valuation froth and bull markets have commitment forth. Now just by valuation froth, bull markets do not end.
RAKESH JHUNJHUNWALA -
The first stock I bought was Tata Tea, the first stock where I made big money was also Tata Tea.
RAKESH JHUNJHUNWALA -
It is not that Covid is going to impede the progress of humanity. It is not as much a changing event as it was being predicted, according to me.
RAKESH JHUNJHUNWALA -
Bull markets are Test matches and not 50-over games.
RAKESH JHUNJHUNWALA -
I made many mistakes but my triumphs have received far greater publicity than my failures.
RAKESH JHUNJHUNWALA -
When there’s doom and gloom, don’t forget there’s darkness before dawn.
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Apart from being motivation for themselves, I think big givers should also talk about their philanthropy so that their work and their success stories prove inspirational enough for many others to follow.
RAKESH JHUNJHUNWALA -
I want to give more time to my children, my family, to my health.
RAKESH JHUNJHUNWALA -
See, I’m a risk taker. If I feel very opinionated, I can really put the money on the table.
RAKESH JHUNJHUNWALA -
The typical conditions for the birth of a bull market are here: you have a changed country, you have a deep fall in growth and everybody is perplexed by the rise of stocks.
RAKESH JHUNJHUNWALA