Whole world is in mid of war. Expect India & China nobody doing to any good progress. It's really difficult road ahead, We don't have good infrastructure & sufficient electricity.
9% growth & progress of share market are paper tigers of UPA govt. Share market drama only for putting poor employees PF to share market. Chidu cannot implement anti-people policy by the Left pressure. sahadevan.wordpress.com
RE:9% growth & progress of share market are paper tigers of UPA govt. Share market drama only for putting poor employees PF to share market. Chidu cannot implement anti-people policy by the Left pressure. sahadevan.wordpress.com
by Daniel on Jun 10, 2008 11:15 PM Permalink
its not chidu, it is rather 'chindi' baram the corect word for fm.
with one stroke in Oct 2007 ( P notes regulations) Damodaran tamed the indian bulls, After effect idnain economy slowed down a gloomy feel every where Congrats Damodaran you could do what the entire BJP party could not do
Well i am sure many rediff forum members will ditch me into congress cing this comment but i myself was suprised to c these facts!
1.the GDP growth rate registered during BJP six years was on an average 5.8 per cent and not “over 6 per cent” as claimed by the BJP. And even if it was “over 6 per cent”, surely, it is less than the UPA’s record so far.After all, it is a well-known fact that after the disastrous fiscal year 2002-03 the then Prime Minister Atal Bihari Vajpayee decided to make a change in the Finance Ministry. He brought in Jaswant Singh to replace Yashwant Sinha. 2.The NDA regime raised the price of petrol over six years by Rs. 11 a litre even though, comparatively, the prices of international crude were low, ranging from $12 to 34 a barrel as against $134 now. Nobody at that time behaved and talked as if “economic terrorism” had been unleashed on the country 3.The NDA increased the price of kerosene used by the poor from 2.52 a litre in 1998 to over Rs. 9 a litre in 2003, an increase of over 350 per cent! The UPA has almost completely spared this section of consumers, raising the price by only 8 paise during the last four years. 4.Again the NDA raised the price of a cooking gas cylinder by Rs. 110 over its six-year regime. And, yet, it wants the UPA to quit office for raising the price by Rs. 83 over four years, including the recent hike of Rs. 50. Prices are hurting, but this high decibel debate needs to take place in the
RE:NDA govt facts and figures
by Onthedot on Jun 10, 2008 11:08 AM Permalink
Anybody with a little bit of economic sense will know that growth has a lag effect and that the economic growth in the first few years of UPA is due to the solid ground work done by NDA. Similarly the new govt. when it comes to power in 2009 will have to "hold the can" for all the economic harakiri (loan write-off, high deficit, implementation of pay commission) now being committed by UPA. Let us wait and watch how the "winners curse" is handled by the new govt.
RE:NDA govt facts and figures
by ASHRAF SIDDIQUI on Jun 11, 2008 12:42 AM Permalink
People are making hues & cries bout UPA govt., cuz in the regime of NDA they diverted all minds to irrelevant issues like religion, Mosque etc. whereas UPA is on concrete steps for economic growth only.
RE:MARKET SENSEX WILL REACH 21000 BY YEAR END!!!!!!!!!
by ASHRAF SIDDIQUI on Jun 11, 2008 12:39 AM Permalink
Are you seriously talking about the equity market, or ..
RE:MARKET SENSEX WILL REACH 21000 BY YEAR END!!!!!!!!!
by Suhas N Sakarkar on Jun 10, 2008 11:01 AM Permalink
Mr Sanjay, here wait means not for few hours or days or months ... you may have to wait for 6 years even.... Market is a place where you have to have good patience even for decades .... stay invested
The US market has been going down since 6 months, it is practically dismal how much stock market losses have piled up. The fact is- the entire world is affected by he soaring petroleum prices. The only people doing well are the dastardly Arabs, who are piling away $$. Saudis already Own 65% stake in Citicorp., and Bank America is next.
So, Indian markets not doing well is not news. We are all suffering.
These things are happening because no respectable and responsible Leaders in Congress
Chidambaram DMPK support. Pranab Mukharjee : Left support, , Man Mohan Singh Madam’s Support.
Other parasites: Margaret Alva , Oscar Fernadis , Veerappa Moily.
Most of Congress politicians do not have the mass base. They cannot get elected if there is no support from some other party. Chidambaram, Man Mohan Singh, Pranab Mukharjee etc are getting elected from some others mercy and holding the important posts. These people do not have to go people and answer to any one. All they have to answer is Madam Sonia. Politicians (like Shard Pawar) who had root bases have created their own parties. If any one is still in the Congress they will have to take the Orders from these clerks.
ManMohan Singh is big time Clerk.
In BJP people who have mass base they get the respect. See how they welcomed Yadeyurappa. If he was in the Congress Sonia would have made him wait at her gate for three hours.
If Congress wants to come to power they need to start respecting the bases. They have eliminate middle men like Pranab Mukharjee
Well, whatever you have written is appreciable but you should have also discussed about the main juncture. Yes, I am talking about the "Sub Prime Crisis" and the US credit crunch. Overall it was a good article.
RE:Why the Indian markets are falling - Addendum
by SRINIVASAN N on Jun 11, 2008 08:20 AM Permalink
Yes, inspite of crunch and crisis, Dollor is costly. Why ? Why not dollor be available to Indians at Rs.25/= at this moment ?
