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””

Hang the Short Sellers? Short selling ban in Spain

The European debt crisis is over! Italy and Spain have it all figured out! The problem isn’t unsustainable debt loads, ineffective economic policies and a lack of competitiveness on the global stage. It’s that evil short sellers are pushing down the shares of European banks just so they can make a profit.

Since the 2008 financial crisis, securities regulators around the world have waged ineffective wars on short selling.

The short selling bans in Italy and Spain are the latest attempt by Continue reading “Hang the Short Sellers? Short selling ban in Spain”