LongShorts: Peeling the Onion and Pharmacy Closed
Season 4, Episode 54, Dec 09, 2019, 12:00 AM
RBI holds repo rate and the Centre asks online pharmacies to halt sales. We discuss these and more in this episode of LongShorts.
The Reserve Bank of India to the surprise of economists (and by extension consensus) keeps repo rate at hold.
But economists are hardly right these days.
Nor do they drive economic narratives.
Onions however, do. That's topic number one.
Second is the recent woes of the online pharmaceutical industry, at one time touted as a INR25,000cr market opportunity, now facing the wrath of an erratic regulator. With it comes the oldest questions when it comes to tech. Should they be treated as the principal or just an agent?