Fail the LDF government in the coming assembly elections
Today (27 April 2010) the Nation wide Harthal called by left parties is observed across India. Price hike is the reason for this Harthal. For the week ended April 10 the food inflation in this country is at 17.65 percent. Which indeed is a big figure. But [...]

Wikipedia describes Lalit Modi “was born in a wealthy and successful business family”. IPL is the business edition of cricket in India. I hate IPL for the main reason that it kills my interest in cricket. IPL=money+girls. This money is ‘black money’. Bollywood is notorious for it’s connections with underworld. All Bollywood stars are in [...]

Reserve bank governor D. Subbarao announced the annual credit policy. It was in line with expectations. It raised the key rates by 25 basis points. Another major point is that the run for banking licence for private players now become active. RBI will announce it’s guidelines for the same at it’s first quarter review.
As stated [...]

After the global financial crisis now it is the turn of Goldman Sachs. Goldman Sachs is the major financial services company in the world. But the common people in US do not like the company (I came to know about this from Michael Moore’s documentary ‘Capitalism: A love story’). During the days of recession the [...]

If I have a stand in the Tharoor controversy, it is he should resign. The only backing now the minister gets is from the prime minister himself. Tharoor is a great intellectual. But we Indians are very much common people. He is an MP from kerala, earlier we were all proud of him. The selection [...]

After attacks from outside now it is from inside. The Maoist threat is gaining momentum. The ‘blood battle’ need proper attention. During the time of first UPA government the threat was there, but was not this much worse. May be because left parties supported the government from outside. We all are aware of what is [...]

Financial year 2009-10 ended with continuous sell off in Indian stock market. On the very first day of this financial year (FY 2010-11) the trend just reversed and markets regained it’s strength. Now the short wait for growth& profit figures started and every fingers are crossed! March 2010 was the best month in FY2010 in [...]

Prof.M.S Swaminathan, messiah of  Indian green revolution, said and I quote “Unless R&D efforts on GM foods are based on principles of bio-ethics, bio-safety, bio-diversity conservation and bio-partnerships, there will be serious public concern in India, as well as many developing countries, about their ultimate nutritional, social, ecological and economic consequences”
I believe his words and [...]

Capital Market Clippings

SEBI may get powers to monitor use of IPO funds
The new Companies Bill will give SEBI the powers to look into the end-use of Initial Public Offerings (IPOs). Changes to this effect would be incorporated in the draft Companies Bill, 2009, Corporate Affairs Ministry sources said. Simultaneously, to enhance transparency, SEBI guidelines are [...]

Lot more happened during  financial year 2009-10. Generally year 2009 was the strongest in ten years for Indian stock market. In 2009 alone Indian equity market rallied over 81 percent. Due to financial meltdown globally, big correction seen during second half of FY2008-09.  India came out successfully from the global recession without much damage. The [...]