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GE2025: Stunning victory for PAPGE2025: Stunning victory for PAP I refer to the CNA’s report, “GE2025: Stunning victory for PAP, winning 87 of 97 seats with higher national vote share in PM Wong's first electoral test” (May 4). GE2025 has clearly delivered the following key messages/notes from the vast majority of voters: The Workers’ Party (WP) has done a fantastic good...

This is not a game of cardsThis is not a game of cards I can appreciate parties wanting to hold their cards close to their chest, but the smoke and mirrors games on nominations day, the shuffling of the DPM from a seat he had openly been declared to be defending, and other ministers shuffling constituencies leaves one feeling the PAP thinks it is playing a game of cards. Constituency...

Is a Parliament full of PAP MPs really better for Singaporeans?Is a Parliament full of PAP MPs really better for Singaporeans? I refer to The Online Citizen GE2025 news report, “Lee Hsien Yang: Is a Parliament full of PAP MPs really better for Singaporeans?” - (April 14), and “The Straits Times’ report, “GE2025: Singaporeans will go to the polls on May 3, Nomination Day on April 23” (April 15), and The Online Citizen GE2025 report,...

𝐈𝐧𝐜𝐨𝐦𝐩𝐞𝐭𝐞𝐧𝐜𝐞 𝐚𝐧𝐝 𝐭𝐡𝐞 𝐧𝐞𝐞𝐝 𝐟𝐨𝐫 𝐀𝐜𝐜𝐨𝐮𝐧𝐭𝐚𝐛𝐢𝐥𝐢𝐭𝐲𝐈𝐧𝐜𝐨𝐦𝐩𝐞𝐭𝐞𝐧𝐜𝐞 𝐚𝐧𝐝... Is the PAP of today exceptional, with unmatched competence and delivery? Afterall, that is their justification for the highest salaries in the world. Let’s look at its more recent track record. Large numbers of NRIC numbers were recently unmasked, leaving Singaporeans exposed to identity theft, fraud, abuse and scams....

GE2025: Red Dot United to contest in Holland-Bukit TimahGE2025: Red Dot United to contest in Holland-Bukit Timah I refer to the CNA news, “GE2025: Red Dot United to contest in Holland-Bukit Timah GRC but may make way for Singapore Democratic Party” (April 10), “More opposition 'star catches' are emerging. Is Singapore's political scene maturing?” (April 10) and “PSP says government response to Trump tariffs 'overblown',...

GE2025: Why Singapore's high-flying bureaucrats are recruited into politicsGE2025: Why Singapore's high-flying bureaucrats are recruited... I refer to CNA’s news, “GE2025: Why Singapore's high-flying bureaucrats are recruited into politics” (Mar 28). It is not surprised to notice that in recent weeks, two NMPs and top ministry officials have resigned, fuelling speculation they could be fielded as potential candidates for the ruling People's Action...

More than 2.75 million Singaporeans eligible to vote in GE2025More than 2.75 million Singaporeans eligible to vote in GE2025 I refer to The CNA’s News, “GE2025: More than 2.75 million Singaporeans eligible to vote” (Mar 25). As Singapore’s General Election is due to be held within this year, the following factors will more or less influence the election situation this year: A)The general mentality of voters Voters are generally...

How the end of Ukraine war could be secured, even with waning US supportHow the end of Ukraine war could be secured, even with waning... I refer to the CNA’s commentaries, “How the end of Ukraine war could be secured, even with waning US support” (Mar 4), “Lessons from the Trump-Zelenskyy meltdown- for friends and foes” (Mar 1) and “Will Trump tariffs push China to change economic tack?” (Mar 3). Foremost, we need to recognise the reality...

Singapore Army Recruits Deserve a Minimum WageSingapore Army Recruits Deserve a Minimum Wage Singapore Army Recruits Deserve a Minimum Wage: National Service Should Not Come at the Expense of Opportunity Costs Singapore’s National Service (NS) has long been a cornerstone of the nation’s defense, requiring young men to dedicate two years of their lives to military, civil defense, or police service. While...

Trump-Putin deal on Ukraine will be Europe’s moment of reckoningTrump-Putin deal on Ukraine will be Europe’s moment of... I refer to the CNA’s Commentaries, “Trump-Putin deal on Ukraine will be Europe’s moment of reckoning” (Feb 20) and “Ukraine can survive with the ‘least worst’ peace” (Feb 22). Now, In the eyes of European Union, they have lost trust and confidence in the United States, it is solely due to the flip flop...

From Deepseek to Huawei, US tech restrictions on China are backfiringFrom Deepseek to Huawei, US tech restrictions on China are... I refer to the CNA’s Commentary, “From Deepseek to Huawei, US tech restrictions on China are backfiring” (Jan 31). Would it be practical, useful and effective for the United States to continually pursue an aggressive containment strategy to hobble China’s tech push? Undoubtedly, the answer is obviously not. There...

Don't get distracted by Trump's outlandish Cabinet picksDon't get distracted by Trump's outlandish Cabinet picks I refer to the CNA’s Commentary: “Don't get distracted by Trump's outlandish Cabinet picks” (Nov 25), and “'No one will win a trade war’, China says after Trump tariff threat” (Nov 26). As everyone knows, U.S. President-elect Donald Trump will return to power on January 20, 2025. Trump has dismissed...

Putin escalates Ukraine warPutin escalates Ukraine war I refer to The CNA’s Commentary: “Putin escalates Ukraine war by a step, not a leap, with missile experiment” (Nov 23). Foremost, Zelenskyi’s intention to join Nato has greatly threatened the security and survival of Russia. Hence, Zelenskyy has offended Putin and Putin has no choice but to launch a war with...

Will PM Wong address the astronomical ministerial salaries?Will PM Wong address the astronomical ministerial salaries? I refer to The TR-Emeritus opinion article, “Will PM Wong address the astronomical ministerial salaries” (June 14) by Mr Yoong Siew Wah. It has always been a controversial topic which concerns about our top political leaders who receive their salaries that are many times higher than those foreign political leaders. Our...

Supporting Chee Soon Juan's caféSupporting Chee Soon Juan's café I refer to The Independent Singapore’s news, “Singaporeans urged to support Chee Soon Juan's café despite their political preferences” (July 16). The underlying objective of doing any business is to ensure it is viable and profitable. Otherwise, there is no point of undertaking risk for it. It is natural for...

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Editorials
Strong hailstorm strikes China's Xi'an causing airport...

Strong hailstorm strikes China's Xi'an causing airport...

On the evening of May 8, Xi’an, the capital city of China’s Shaanxi Province, was struck by a powerful...
Four parties lost their election deposits in GE2025

Four parties lost their election deposits in GE2025

A total of four opposition parties, the Singapore United Party (SUP), People's Power Party (PPP), People’s...
Level 16 super typhoon devastates multiple cities in...

Level 16 super typhoon devastates multiple cities in...

Northern China was hit by an extreme weather event on Thursday as a massive cold front swept south, colliding...
Level 15 winds destroy buildings rooftops and cause...

Level 15 winds destroy buildings rooftops and cause...

On April 30, northern China was struck by an extreme weather event as a massive cold vortex surged southward,...
TR Emeritus to 'shut-up' on 2nd May 2025

TR Emeritus to 'shut-up' on 2nd May 2025

Please be informed that TR Emeritus (TRE) will shut down its comment function site-wide at 0000 hours...
Chaos in China as extreme storm destroys homes and...

Chaos in China as extreme storm destroys homes and...

Beijing’s 22 million residents were asked to stay indoors on Saturday, as powerful winds swept across...
China, Thailand, and Myanmar in ruins after devastating...

China, Thailand, and Myanmar in ruins after devastating...

On March 28, 2025, a devastating 7.7-magnitude earthquake struck central Myanmar near Mandalay, causing...
Myanmar 7.7 earthquake collapses buildings in Thailand,...

Myanmar 7.7 earthquake collapses buildings in Thailand,...

A powerful 7.7 magnitude earthquake struck central Myanmar on March 28, 2025, causing widespread panic...
Beijing shocked by earthquake and mega sandstorm

Beijing shocked by earthquake and mega sandstorm

Since March 24, 2025, northern China has been battling extreme weather as a massive sandstorm swept through...
Mega hail causes mass destruction in Fujian and Guangdong

Mega hail causes mass destruction in Fujian and Guangdong

An unexpected and severe hailstorm struck multiple cities in Guangdong and Fujian between March 3 and...
Extreme weather struck multiple regions in China

Extreme weather struck multiple regions in China

On March 2, 2025, extreme weather struck multiple regions in China, with parts of Henan province experiencing...
Happy Chinese New Year 2025

Happy Chinese New Year 2025

Wishing all our Chinese readers:     Team@TR Emeritus  
Huge snow caused numerous disruptions on China's major...

Huge snow caused numerous disruptions on China's major...

As the Chinese New Year approaches, millions of people across the country are making their annual journey...
The rapidly spreading HMPV virus you haven’t heard...

The rapidly spreading HMPV virus you haven’t heard...

Human Metapneumovirus (HMPV) is making headlines as cases surge, especially among children and vulnerable...
4.1 magnitude earthquake shakes Shanxi's Linfeng city

4.1 magnitude earthquake shakes Shanxi's Linfeng city

On the evening of January 10, 2025, Linfen City in Shanxi Province was struck by an earthquake. The tremor,...
7.8 magnitude earthquake devastates Tibet

7.8 magnitude earthquake devastates Tibet

A magnitude 7.1 earthquake has hit Tibet, in the region of Shigatse, which is near the border with Nepal. According...
Outbreak of mystery virus in China

Outbreak of mystery virus in China

China is r eportedly facing a new health crisis as the human metapneumovirus (HMPV) outbreak rapidly...
Unknown Virus Rampages in China; Hospitals Utterly...

Unknown Virus Rampages in China; Hospitals Utterly...

A blogger in China has shared a video, claiming that this isn’t China’s Spring Festival travel rush;...
Opinions
Cutting down reliance on US military equipment

Cutting down reliance on US military equipment

There is a rampant rumor going around that claims Egypt has ordered 48 J10C with a price tag of USD$25B...
2025大选—明确授权,变化中的政治格局

2025大选—明确授权,变化中的政治格局

2025年大选结果无可争议,政府再次赢得了强有力的授权,稳固了其在新加坡政治格局中的主导地位。尽管选举结果并不令人意外,但胜利的过程却并非没有争议和复杂性。 值得注意的是,选区划分的变化在本次选战中发挥了重要作用。陈清木医生与徐顺全医生等资深反对派人物,因选区重划而受到显著影响——传统支持基础被分割或并入他区,无疑左右了某些关键选区的最终结果。虽然选区调整在新加坡选举历史上并不罕见,但其公平性与透明度仍持续引发讨论。 工人党虽稳守东北区的传统堡垒,但未能在本届大选中攻下新的选区。不过,该党仍获得两个非选区议员(Ncmp)席位,虽属安慰性质,却在象征意义上维持了国会内多元声音的存在。 更值得关注的是,本届大选所处的人口背景正经历剧烈变化。新加坡人口从2000年的约300万增长至2025年的超过500万。考虑到多年来出生率持续偏低,这一增长几乎可以肯定主要归因于移民流入,尤其可能在华人群体中增长显著。这一趋势对国家的社会结构和政治生态产生了深远影响。 展望2030年大选,各政党不仅要面对一如既往的选区调整与突发的全球事件,更需正视一个不断演变的社会结构。随着越来越多新移民成为国民,选民构成日益多元,政党在政策制定与信息传递上必须更具包容性与前瞻性。他们必须同时争取老一代公民与新加坡新公民的认同,回应共同关切,并跨越代际与文化差异的鸿沟。 在新加坡持续向前迈进的过程中,其政治也必须与时俱进——反映日益多元的人口现实,同时坚守国家的核心价值观:团结、韧性与务实。 Cwc-Ai
A jaw-dropping election

A jaw-dropping election

This is a jaw-dropping election. For the opposition. SDP’s Dr Chee and PSP’s Leong were deeply disappointed....
The Nation has rejected multi-party Parliamentary representation

The Nation has rejected multi-party Parliamentary representation

Our party suffered great losses and I personally have suffered the greatest hit. But these personal losses...
A False Analogy That Insults the Intelligence of Singaporeans

A False Analogy That Insults the Intelligence of Singaporeans

Minister Ong Ye Kung’s recent assertion that a “co-driver” bears no responsibility if a car crashes...
There is a cost to losing

There is a cost to losing

There is a cost to losing. At least in PAP’s books. And one of the costs is a policy of priority. That...
Hougang Belongs to the People

Hougang Belongs to the People

Thank You for the Reminder, Mr Marshall Lim. It is with no small measure of amusement that one reads...
Its all about trust

Its all about trust

Dr Ng Eng Hen from PAP has pointed out the most important key point about this General Elections, it...
Misunderstanding What Singaporeans Truly Expect from...

Misunderstanding What Singaporeans Truly Expect from...

The government's repeated assertion that it is "easy for the opposition to ask the government to give...
Punggol GRC

Punggol GRC

Punggol GRC is without question one of the most hotly watched, followed and contested constituency in...
Should Singapore Be Concerned About David Neo’s “Action-Takers,...

Should Singapore Be Concerned About David Neo’s “Action-Takers,...

Singaporeans should pause and reflect on the recent remark by PAP candidate David Neo, who said that...
Why Singaporeans Must Reconsider the Dismissal of SDP’s...

Why Singaporeans Must Reconsider the Dismissal of SDP’s...

The Singapore government’s blunt assertion that the Singapore Democratic Party (SDP)’s proposals...
Expect the exchange of barbs in politics

Expect the exchange of barbs in politics

In a political contest, expect the exchange of barbs. And we do not lack any of it in the rallies held...
Don't Be Swayed by the Noise—Think Critically Before...

Don't Be Swayed by the Noise—Think Critically Before...

In recent weeks, the political buzz in Singapore has reached a new high. Massive crowds at opposition...
We vote whoever is deserving of our vote

We vote whoever is deserving of our vote

I am surprised that Lee Hsien Loong chose to remind us of the 1997 shameful episode when he, his father...
The Case for a Diverse and Balanced Parliament

The Case for a Diverse and Balanced Parliament

The Singapore government has recently stated that "Good government needs good people" and cautioned against...
None of the PAP labour MPs rose to speak when Parliament...

None of the PAP labour MPs rose to speak when Parliament...

I was truly flabbergasted when I learned from one of Pritam Singh's (PS) recent rally video clips that...
A Regrettable Incident and a Timely Call for Reform

A Regrettable Incident and a Timely Call for Reform

The recent racial slur made by a Singapore Democratic Party (SDP) member during the General Election...
Letters
GE2025: Stunning victory for PAP

GE2025: Stunning victory for PAP

I refer to the CNA’s report, “GE2025: Stunning victory for PAP, winning 87 of 97 seats with higher...
Is a Parliament full of PAP MPs really better for Singaporeans?

Is a Parliament full of PAP MPs really better for Singaporeans?

I refer to The Online Citizen GE2025 news report, “Lee Hsien Yang: Is a Parliament full of PAP MPs...
GE2025: Red Dot United to contest in Holland-Bukit...

GE2025: Red Dot United to contest in Holland-Bukit...

I refer to the CNA news, “GE2025: Red Dot United to contest in Holland-Bukit Timah GRC but may make...
GE2025: Why Singapore's high-flying bureaucrats are...

GE2025: Why Singapore's high-flying bureaucrats are...

I refer to CNA’s news, “GE2025: Why Singapore's high-flying bureaucrats are recruited into politics”...
More than 2.75 million Singaporeans eligible to vote...

More than 2.75 million Singaporeans eligible to vote...

I refer to The CNA’s News, “GE2025: More than 2.75 million Singaporeans eligible to vote” (Mar...
How the end of Ukraine war could be secured, even with...

How the end of Ukraine war could be secured, even with...

I refer to the CNA’s commentaries, “How the end of Ukraine war could be secured, even with waning...
Singapore Army Recruits Deserve a Minimum Wage

Singapore Army Recruits Deserve a Minimum Wage

Singapore Army Recruits Deserve a Minimum Wage: National Service Should Not Come at the Expense of Opportunity...
Trump-Putin deal on Ukraine will be Europe’s moment...

Trump-Putin deal on Ukraine will be Europe’s moment...

I refer to the CNA’s Commentaries, “Trump-Putin deal on Ukraine will be Europe’s moment of reckoning”...
Snippets
Singapore’s Sports Industry: A Rising Powerhouse...

Singapore’s Sports Industry: A Rising Powerhouse...

Singapore’s sports industry is on the cusp of greatness, leveraging cutting-edge infrastructure and...
What are the most popular hobbies in Singapore in 2025?

What are the most popular hobbies in Singapore in 2025?

As work-life balance remains a constant talking point in the fast-paced city-state of Singapore, residents...
10 Most Popular Mobile Games in Singapore

10 Most Popular Mobile Games in Singapore

Singaporeans can't get enough of their phones these days, spending tons of time battling opponents, building...
Langkawi to Koh Lipe Ferry: Complete Travel Guide

Langkawi to Koh Lipe Ferry: Complete Travel Guide

Planning a tropical escape from Malaysia to Thailand? The journey from Langkawi to Koh Lipe offers a...
This is not a game of cards

This is not a game of cards

I can appreciate parties wanting to hold their cards close to their chest, but the smoke and mirrors...
𝐈𝐧𝐜𝐨𝐦𝐩𝐞𝐭𝐞𝐧𝐜𝐞 𝐚𝐧𝐝...

𝐈𝐧𝐜𝐨𝐦𝐩𝐞𝐭𝐞𝐧𝐜𝐞 𝐚𝐧𝐝...

Is the PAP of today exceptional, with unmatched competence and delivery? Afterall, that is their justification...
The sleep science revolution in elite sports

The sleep science revolution in elite sports

Professional sports have entered a new era where recovery science directly impacts performance outcomes....
Sports Betting in Online Casinos as a Way to Improve...

Sports Betting in Online Casinos as a Way to Improve...

In today's world, online sports betting has become not only a popular form of entertainment but also...
Sticky & Recent Articles

Mr Ravi: Lawsuit is sub judice pending judgement

Mr Ravi: Lawsuit is sub judice pending judgement

Lawyer M Ravi After Tan Tock Seng Hospital (TTSH) terminated blogger Roy Ngerng's employment yesterday (10 Jun), his lawyer M Ravi wrote to both TTSH and the Ministry of Health (MOH) today (11 Jun). In his letter, Mr Ravi said that pending a final judgement of the High Court, the lawsuit is sub judice. "Its outcome remains a matter for the Courts to determine. That is the rule of law," Mr Ravi said. "The law of defamation is complex. It may entail analysis of technical issues arising out of the pursuit of proceedings after apology and the assessment of quantum of damages. It includes issues that may give rise to an appeal and the determination of such an appeal," Mr Ravi added. Mr Ravi noted that on account of the statements of his client, Roy, his employment has been terminated by TTSH. Mr Ravi said TTSH has issued a public statement in which it cites defamation as a basis for justifying the termination of Roy's employment, stating that people cannot defame someone else without basis, which essentially means knowingly stating a falsehood to the public. Mr Ravi noted that MOH, though not a party to the contract of employment between Roy and TTSH, has also issued a public statement supporting TTSH's decision. In particular, MOH said that Roy's actions show a "lack of integrity and are incompatible with the values and standards of behaviour expected of hospital employees". As Roy's advocate in the defamation proceedings which are before the Court, Mr Ravi requests TTSH and MOH to exercise restraint in relation to issuing public statements about matters that are "intricately connected to the subject matter of the litigation". Mr Ravi regretted that MOH has seen fit to issue a public statement in support of TTSH's decision to terminate Roy's employment at this time, while civil proceedings are before the Court. TTSH's response In response to Mr Ravi's letter which was copied to the media, TTSH replied today (11 Jun) that there was "nothing improper" about how it laid out the reasons for the termination. TTSH pointed out that Mr Ngerng had, on May 23, publicly admitted that he posted a defamatory article on May 15 alleging misappropriation of funds in relation to the CPF and described his own allegation as "false and completely without foundation". TTSH said its yesterday's statement had laid out the reasons for the termination of contract, "based on his public admission that he had defamed without basis and for misusing working time, hospital computers and facilities for his personal pursuits".  Read More →

Ex-law prof takes court action against NUS

Ex-law prof takes court action against NUS

Former NUS Law Prof Tey Tsun Hang (Photo: CNA) The former tenured law professor of the National University of Singapore (NUS), Tey Tsun Hang, who was summarily dismissed by the university on 28 May 2013 - the same day he was initially convicted of corruption – filed a court document on 3 June 2014 to seek reinstatement of his tenured academic position. Mr Tey, whose conviction was subsequently overturned by the High Court, has asked to quash what he calls the ‘wrong and wrongful’ summary dismissal by NUS. Mr Tey alleged that NUS carried out the summary dismissal without regard to due process and without giving him an opportunity to be heard. Mr Tey is seeking judicial remedies on the ground that the summary dismissal against him was a breach of natural justice, infringing his fundamental right to a fair hearing and of the presumption of innocence, and is illegal, irrational and procedurally improper. Prominent human rights lawyer, M Ravi, is representing Mr Tey. In April 2012, Mr Tey was interrogated by the Corrupt Practices Investigation Bureau (CPIB). After 12 hours of interrogation, he was rushed in an ambulance to a government hospital for emergency medical treatment. He was prosecuted and charged for corruption on 27 July 2012. NUS suspended him from duty on the same date, on the basis of the criminal charges. When he was convicted on 28 May 2013, he was served with a summary dismissal letter by the university. The conviction was eventually declared wrong and wrongful by the Singapore Supreme Court on 28 February 2014. Mr Tey is now taking NUS to court to seek due process and fair hearing. He said, "NUS cannot dismiss a tenured law professor based on a conviction declared by the High Court to be misconceived and mistaken, a conviction based on evidence misconstrued and its significance misunderstood.” Mr Tey said he was not called up by NUS for investigations, prior to the summary dismissal. Previously, 2 Singapore Supreme Court judges, in agreeing with the Attorney-General’s Chambers which drafted the NUS statute, had declared NUS a public body and invoked the onerous criminal presumption of guilt against Mr Tey. He is now asking the same Supreme Court to similarly treat NUS as a public body in according him the public law rights that he is entitled to. Mr Tey requests that his former employers “to do what is right, and live up to the international reputation it aspires to” – carry out proper investigations and hold a fair hearing at the very least, and not dismiss him without regard to due process. In response, NUS said today (11 Jun) that under the terms and conditions of Mr Tey's appointment, termination may be effected without prior notice and without any payment of compensation should he be convicted by a court of law of any crime that is likely to bring the university into disrepute. The university can also exercise its rights of summary dismissal should Mr Tey be guilty of misconduct or impropriety, a spokesman added. "NUS takes a very strong stand against faculty who behave in a grossly inappropriate manner in their interactions with our students. Under our Code of Conduct, University staff are expected to conduct themselves with honesty and propriety, and perform their duties in a professional and conscientious manner." Mr Tey has previously written critically against the Singapore government. He wrote about how the Singapore government had charged its opposition leaders and activists under various laws and how government leaders had used defamation proceedings to sue and cripple their opponents. Just before he was interrogated by CPIB in April 2012, his book, ‘Supreme Executive, Supine Jurisprudence and Supplication Profession’ was published by Hong Kong University in late 2011, and his writing was criticised by the then Chief Justice Chan Sek Keong in February 2012.  Read More →

Revolutions and bull markets

Revolutions and bull markets

07.06.2014 'Return Our CPF'@HLP (June 9, 2014) - As I was using the railroad system, Mass Rapid Transit (MRT), on Saturday to catch up with friends and relatives in the city one last time before I boarded the flight home, I came across something strange. For 80 days in Singapore, I had hardly seen any protest. On that Saturday evening as I was walking towards the Clarke Quay MRT Station, I saw on the stage in Hong Lim Park a large banner saying "Return Our CPF". Moving closer, I saw a frail young man in black glasses posing for photographs with Singaporeans young and old. One uncle, as Singaporeans address their elderly, wished the young man well and wanted him to "go all the way." Another uncle introduced a small kid and wanted an autograph. The young man was Roy Ngerng. He has been sued by Prime Minister (PM) Lee Hsien Loong for some blog posts allegedly defamatory. Going by the public response, the move seems to have backfired. In the initial days, the case was taking a familiar trajectory: PM's lawyers were moving in aggressively for damages pushing Ngerng to a corner. They even rejected his initial offer of S$5,000 as damages. Ngerng posted an online appeal for funds and in five days collected S$81,000. The response has got tongues wagging. On the subway to the Clarke Quay MRT Station, a man returning from the gathering said the PM could have saved his face by taking the offer; people have started chanting 2016 general elections and Ngerng in the same breath. While it may be too early to predict a revolution, it would be safe to say there are interesting days ahead for Singapore and its leadership. Bull markets are a bit like revolutions. They need a charismatic leader and a fancy destination. It was great fun to see the Street had bitten the bait of Sensex at 100,000 offered by Street Food last month. Since then analysts have come with earnings projections and timelines that will take us to the number. Karvy Stock Broking says sees Sensex @100k in 2020, while Dhirendra Kumar of Value Research has talked about double that number. When I left for Singapore, Reliance Industries Ltd (RIL) was trading at Rs 886. It is now 26 per cent higher at Rs 1,120. Street Food had said a sustainable bull market was not possible if RIL remained weak. The strength of the company, fuelled by expectations about its prospects under the new government, is a key for the rally. So, there you have the fancy destination and the charismatic leader. Is that enough for the man on the road to jump in? I can speak for myself. Despite all temptations, I am still mostly on liquid diet. Most of my life's savings is in liquid instruments; the bulk in savings bank accounts. Personal finance experts will call it nonsense. But am I ready for the plunge? No. I am still scared of the waterfall, which I suspect is down the river. Source: www.business-standard.com/article/markets/revolutions-and-bull-markets-114060901187_1.html  Read More →

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