Modi – India – Rupee – Raghuram Rajan

Well I am back. Before featuring to the outside world lets focus on the last two weeks that were vibrant for the India. I hardly watch news on imagetelevision but during these days the only source of information was television and the Indian media.

Sharing some of my thoughts – The Media left no stone unturned to ensure that the TRP rights will be on peak showcasing the BJP (India’s biggest opposition political party) internal disputes and the naming ceremony of Mr.Narendra Modi as Prime Minister Candidate.

It’s well known Mr Modi is a famous and controversial figure in this country. To be honest the media showcased the story as if he has become the PM of this country. Continue reading “Modi – India – Rupee – Raghuram Rajan”

OH GOSH!! A Hike Again with “But”

160784A day back, Where Oil companies announced a small hike of 50paisa liter on Diesel prices, Our Indian government, tried to balance it down by raising the supply of subsidized cooking gas to 9 cylinders/year on the older 6 cylinders/year. This could be a push to boost the Indian economy with business-friendly steps “BUT,  is it really so?” This question came to me with the release of a statement made by our oil Minister M Veerappa Moily. He said “We have given some liberty to oil marketing companies to raise diesel prices in small dozes. They are authorized to make small price correction from time to time.” Continue reading “OH GOSH!! A Hike Again with “But””

India: Is Bull Run on the Bourses Over?

Finance Minister Palaniappan Chidambaram urged officials on Tuesday not to hound the country’s taxpayers. An investor backlash forced the government in May to defer until 2013 implementation of a set of general anti-avoidance rules (GAAR) that were introduced in the annual budget in February.

Finance ministry urged pension and insurance funds Continue reading “India: Is Bull Run on the Bourses Over?”