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RE:Varna and Kula
by rajendra K on Apr 29, 2008 07:30 PM  Permalink
Tell this some political party. so that they can use it next election for another divide.

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RE:Price Rise
by jeff on Apr 29, 2008 09:30 AM  Permalink 

The two culprits for prise Rise is Mukesh Ambanu and BCCI.THe reason is that they are showing and earning lot of money that RBI thinks that whole India is rich.Sab Pagal hain sala log.Middle class ka phata para hai aur RBI ko sirf aamir log ke taraf hi nazar jata hai.

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CRR controls Inflation
by zia A on Apr 28, 2008 02:49 PM  Permalink  | Hide replies

Can rediff launch a protest agains the interest rate


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RE:CRR controls Inflation
by taatparya on Apr 28, 2008 07:09 PM  Permalink
Yes...we protest...no more price rises...jai hind...

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Housing interest
by zia A on Apr 28, 2008 02:16 PM  Permalink  | Hide replies

hosung loan has trapped lower middle class so badly that they do not have saving at all and nobody can save then now from these giants (Govt Bank)

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please refer my resume sent to rbi
by rajeev kumar tiwari on Apr 28, 2008 01:22 PM  Permalink 

please refer my resume sent to rbi as an innovator with acknowledgements from national innovation foundation for the position of director with accurate predictions about future of indian economy updated with relevant websites till date

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Inflation is much worse than what Government Statistics reflects!
by aoneall on Apr 28, 2008 01:21 PM  Permalink 

Inflation is much more than what is being made out. My doubt is that the reported increase or decrease in WPI does not reflect the reality of prices in India. The WPI stands at 226.90 for week ending 12 April 2008. It simply means that compared to base year 1993-94 (WPI at 100), the prices have gone up by 2.269 times. It is simply unbelievable! Can any body in all of India say that overall increase in prices compared to 93-94 is only 2.269 times only? If the monthly expenditure of my family in 93-94 was Rs. 5000 then it means now I need to spend only Rs. 11,345 only?

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RE:Rs. 3000 cr. will be out of market
by aoneall on Apr 28, 2008 01:22 PM  Permalink
Out of the market means not avilable for lending to bring prices down.

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Regd. Share prices of steel stocks
by karthik r on Apr 28, 2008 12:42 PM  Permalink  | Hide replies

How does this interest hike effect the share prices of steels stock(Example:Jindal Steel)

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RE:RE:Regd. Share prices of steel stocks
by aoneall on Apr 28, 2008 01:35 PM  Permalink
If RBI increases REPO rate, it simply means the cost of money available to companies to borrow, will go up. It will affect their profitability. In the long run, the companies may develop more efficient methods of production and thus they can offset such losses but in near term, they will have to bear the loss in the profitability. Also, share market in near terms is driven more by sentiments rather than facts, therefore it is very likely that prices of shares may come down.

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