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Banking rate hike, how it will be affected?

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 [...]

[ More ] March 20th, 2010 | 5 Comments | Posted in Current Affairs |

Union Budget and Indian Stock Market

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. [...]

[ More ] March 3rd, 2010 | 4 Comments | Posted in Current Affairs, Stock Market |

Union budget to address so many issues

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.

[ More ] February 16th, 2010 | 43 Comments | Posted in Current Affairs |