Very Good morning to all my readers, Last week was an event full week in India.
Union budget and Railways budget both presented in the parliament. I would not do any more analysis on them as the media has already done the need full. Let’s start with some motivational thoughts to get in to the week :
- Success is the ability to go from failure to failure without losing your enthusiasm.” – Winston Churchill
- The challenge is not to manage time, but to manage ourselves.” – Steven Covey
- When it doesn’t matter how much the drinks cost, it’s always happy hour.
- Associate to Analyst: “My Tuesday night is your Friday night.” ED to Associate: “My bar tab is your paycheck.”
- One machine can do the work of fifty ordinary men. No machine can do the work of one extraordinary man.” – Elbert Hubbard
- Continue reading “Monday Thoughts :)”
“The point is, ladies and gentleman, that greed, for lack of a better word, is good.” – Gordon Gekko
“Investors should remember that excitement and expenses are their enemies. And if they insist on trying to time their participation in equities, they should try to be fearful when others are greedy and greedy when others are fearful.” – Warren Buffet
Greed may have been good for Gordon Gekko (at least for a while), but in the investment world it rarely is as Warren Buffett is famous for saying.
Investors are unequivocally greedy today, and with some perspective it is hard to blame them. Continue reading “Greed is Good ?”
20 Years back our current Prime minister and then the Finance minister, explained and addressed the need of urgency to implement the economic reforms. Now he is both the PM and FM of this country.
India was on the verge of bankruptcy on the sovereign debt, because of the high current account deficit. The fault that is directly proportional increase levels of foreign debt and steep fiscal deficit ( gap b/w government’s exp and earnings). Continue reading “1991 Déjà vu MM Singh back on the hot seat”
Yesterday was an event full day despite the nationwide strike by the NDA and other political parties against the petrol price hike by the ruling government. The losses of yesterday India closed yet to be ascertained, but definitely a day close loss in the Indian economy would be much more than the oil companies made it. The Indian economy grew at 5.3% in the fourth quarter of the last fiscal. Impacting the expectation of India growth story of growing more than 7% .
Bit surprised to see lot of statements has been made towards the RBI on account of tight monetary policy Continue reading “Price of Oil :- Reality check between Crude, Petrol and USD/INR”