Your many points are excellent, Mr. Bhalla. But will SEBI or Govt of India listen to you at all ? That is biggest problem in Indian Administration and Policy makers...
Indian Govt. should come out with a clear cut policy about the investments instead of giving piecemeal suggestions and clarifications. Earlier there used to be a restricition for ordering ships abroad. The cost of ship abroad was 1/2 the cost of a ship made in India. Naturally any businessman wants to order a foreign ship. Then Govt. used to insist that to order a ship like that they have to order for one ship on an Indian Shipyard. If what Govt.wants transperancy it should require the channelisation of the fund through the Nationalised Banks. Then there will be adequate transperancy. P.S.R.SWAMI
sebi and chidambaram had done a extemely wrong wrong thing,they should wait sensex to rose upto 25000 and then make these kind of decisions to moderate fiis inflows in the country.these powerfull people are entirely responsible for down fall in indian economy and growth.sebi must watch as we all know stock market is full of manipulations,some FIIS are not registered but we must let them to invest for our personal growth.when sensex reaches 25000 something then it is the right time to clampdown the p-notes regulations. chidambaram is so educated but he dont have the minimum business brain, hopeless to be a finance minister at that post. ____SharemarketPLUS.com
It will increase inflation. Foreign funds will dry up. Rupee/Dollar value will increase. Oil are already at 90 dollar. It resulted Oil will cost more. So will other commodities. Stock Market will loose shine. It is very worrying
