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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

Related Topics

Artificial Beyond Growth Hope Yourself

Bagwalas

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I don’t understand the business models of Flipkart and Uber. See no logic in people saying business models like that of Flipkart will flourish but that of D-Mart will not.
RAKESH JHUNJHUNWALA

Business Logic Modeling Myself People Understand
I do not think, like people say, that I am a guru or I know everything.
RAKESH JHUNJHUNWALA

Leadership Myself People Thinking
When there’s doom and gloom, don’t forget there’s darkness before dawn.
RAKESH JHUNJHUNWALA

Darkness Forget Hard Time Hope Inspirational Morning Motivational
I don’t want to lecture anybody, I would only say this to my fellow people would be to give, however small. Give what your pocket permits. I don’t think a person who is giving Rs 10, is giving less than me.
RAKESH JHUNJHUNWALA

Generosity Kindness Money Myself People Person Small
What is too popular may not be profitable. Don’t invest in B2C companies, instead invest in B2B companies.
RAKESH JHUNJHUNWALA

Advice Business Choice Company Consumption Investment Popular Profit
Insurance, pension reforms are going to be extremely important for the stock market because the kind of money we’ll get from that is unbelievable.
RAKESH JHUNJHUNWALA

Believe Important Kind Marketing Money Stock Wealth
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?
RAKESH JHUNJHUNWALA

Economy Grow Opinion Survive Yourself
Success should not make you think you are God’s gift to mankind. You should never forget that you are what you are because God chose you to be there.
RAKESH JHUNJHUNWALA

Choice Forget Gift God Gratitude Kind Man Success Thinking Yourself
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.
RAKESH JHUNJHUNWALA

Investment Manipulation Marketing Myself People Stock Thinking True
What leads to a growth – skills, demographics, natural resources, democracy, entrepreneurship – India has in abundant measure.
RAKESH JHUNJHUNWALA

Abundance Growth Leadership Natural
My father was always not concerned about the wealth I have, but every year he would ask me, how much have you given in charity? And how much taxes have you paid?
RAKESH JHUNJHUNWALA

Care Charity Father Generosity Money Pay Price Wealth Yourself
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.
RAKESH JHUNJHUNWALA

Capital Death Destination Government Growth Journey Limitation Reality
I am not giving so much of my wealth that I should feel that I am a philanthropist.
RAKESH JHUNJHUNWALA

Feeling Myself Wealth
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.
RAKESH JHUNJHUNWALA

Equality Foundation Government Myself Quality Social Togetherness
I myself am a private equity investor.
RAKESH JHUNJHUNWALA

Investment Job Myself
The government needs to send out a message to the business community that ‘we are on your side.’
RAKESH JHUNJHUNWALA

Business Community Government Need Support

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