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 [...]

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%

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.

As a citizen of India I can’t turn my face away from the coming union budget. I believe that union budget will determine the future of Indian stock market. But not only the market but the common man also eagerly waiting for the budget to come. So always expectations are high. Do the finance minister live up to these expectations only time will prove. The budget last July gave a clear indication that UPA government is with the common man, the aam admi. The only proof at that time was the crores spent for the NREG program. Another one is Bharat Nirman. No doubt these are social welfare programs, benefiting the rural population in this country.