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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.

Rakesh Jhunjhunwala

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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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Ability Business Faith Inheritance Need Opportunity
I think true love – love, wine and beauty, they better with age.
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The biggest quest to learn anything is curiosity. If you are curious about something, you will go and dig.
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I am an optimist by nature and I reserve the right to be wrong.
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When people talk to you in such glowing terms, that is the time to be very, very alert because the worst of the mistakes are made in the best of the times.
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Growth comes from chaos, not order.
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In a marriage, in a relationship there should not be your money and my money. It has to be our money.
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I think when markets go up and there is no manipulation in markets and people question the market going up and it keeps going up, that is a true bull market.
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What India needs for prosperity is just ease of doing business.
RAKESH JHUNJHUNWALA

Business Easy Need Prosperity
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.
RAKESH JHUNJHUNWALA

Advancement Company Growth Power Technology Thinking World
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 JHUNJHUNWALA

Artificial Beyond Growth Hope Yourself
In India, one has to have faith in equity. What are the alternatives – real estate, debt? If debt can give you 6 percent, equity can give you 15 percent.
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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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But I can tell you markets are like women, always commanding, always mysterious, always volatile, always exciting and it is not a joke.
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I made many mistakes but my triumphs have received far greater publicity than my failures.
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I myself am a private equity investor.
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