The cards are shown. The symbols are as expected. Reserve bank of India increased key rates. The major reason was inflation. What is the immediate reason for inflation, it is the budget proposal to hike the price of petroleum products. Everyone was against it but the rates are increased. It fueled the inflation figures and [...]

Educated citizens are the true assets of a country. If the country is young “educated citizens” make a huge difference. India is considered as the youngest country in the world. India is more conservative in nature. As it is clear that change, in any form, comes to India very late. Globalization came to India only [...]

When you search for Facebook through Google the site link reaches you with a welcome line like the following.
“Welcome to Facebook
Facebook is a social utility that connects people with friends and others who work, study and live around them. People use Facebook to keep up with friends, …”. According to the wordings it is a [...]

It started only in 2006. With a span of 4 years (will complete the four year tenure only in March) it has become an online phenomenon. This phenomenon is called Twitter. Twitter answers the question ‘what are you doing now’ round the clock. Twitter has defined microblogging in it’s way. According to www.internetworldstats.com there are [...]

Budget concerns prevailed in Indian stock market during February. Market was more or less volatile. During second half of February market showed a little bit of consolidation. Rail Budget was non- event in Indian Market but Union budget was not. On the budget day sensex gained 175 points, the highest single day gain in February. [...]

Following are the major News Developments in Indian Capital Market during February 2010.It will give you an outline of major events in Indian Market.
Capital Market Clippings
Sebi’s restraining order not a punishment: SC
The Supreme Court has ruled that the Securities & Exchange Board of India (Sebi) order merely restraining entities from dealing in the securities market, [...]

The most awaited union budget has come. In a line Budget targets more growth without much risk. In order to sustain the momentum of growth finance minister took the way of income increase. There are positives as well as negatives in the budget. The remarkable negative point is that fuel price is going to increase. [...]

ECONOMIC SURVEY 2009-10

Food inflation is at present hovering close to 18%
Direct food subsidy via food coupons to households
Survey favours making available food in open market
Survey favours monthly ration coupons usable anywhere for poor
Fiscal deficit may be cut to 5.5%
Gas output up 52.8 per cent to 50.2 billion cubic meters with RIL starting production
Trade gap narrowed to USD 76.24 bn in April-December
India 10th largest gold holding nation at 557.7 tonnes
Large decline in customs, excise expected
Tighten FRBM clauses for future relaxations
Overall revenue transfers to state at 39.5%

Union Rail Minister Mamata Banerjee presents Rail Budget. She said no privatization of railway on card. Social commitments to meet. Vision 2020 plan to launch. Task force will be set up. She seeks more power for RPF. Stocks related to rail budget falls. Market continues it’s downward trend.
Below find some key declarations.

I always admired P. Sainath. Not because he is famous. I liked his way of reporting. Recently he has been in Trivandrum, capital of Kerala (the southern most state in India), for the release of his book in Malayalam. P.S Jayan has done an interview with him in Mathrubhumi daily. I cut it and kept it in my dairy. Later I decided to write an article about it.