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“In India, companies may fall sick, but promoters rarely do!”

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Interesting Spectrum of Rates of Gold Coins across a few Banks Today

Retail and Small Investors need to feel and touch tangible Gold…They assign more safety to Tangible Gold than Exposure to Gold in other ways…Also they can commit smaller amounts to buy a few grams of Gold So it was was with some interest and curiousity that I again reached out to a few Banks today …

Interesting Spectrum of Rates of Gold Coins across a few Banks Today Read More »

CDOs are Banks ‘Egregious Concoctions’

Bill Gross,the legendary Bond Investor labelled Collaterised Debt Obligations or CDOs as Bank’s ‘Egregious Concoctions’ ‘Egregious’ is an adjective that means ‘Outstandingly Bad’ The CDOs and the Credit Default Swaps or CDSs are the Devils that are will devastatingly demonize the Financial World in 2009…Outstandings at over US $ 650 Trillion….yes Trillion !….are over Ten …

CDOs are Banks ‘Egregious Concoctions’ Read More »

The Apparently Drunk Japanese Finance Minister was atleast being Honest at the G-7 FMs Meet in Italy !

Atleast the apparently drunk Japanese Finance Minister,Shoichi Nakagawa, was being honest at the G 7 Meeting in Rome ! After lacking the Vision to Prevent such a Financial Crisis occuring in the first place,No Political or Financial or Corporate Leader, simply just Nobody,from any Country has any clue as to how to solve this Great Global Financial & …

The Apparently Drunk Japanese Finance Minister was atleast being Honest at the G-7 FMs Meet in Italy ! Read More »

Interim Union Budget-II…High Agricultural Growth and Record Food Grains Production…but at what cost !?

I like the way Shyam put it in his response to my budget blog yesterday…..”Poverty Alleviation in an election year Impoverishes the Nation “ Alright so we had a record 230 million tonnes of grain production ! Alright so the agriculture growth rate is a record over 4% ! But think !…when grain production is at …

Interim Union Budget-II…High Agricultural Growth and Record Food Grains Production…but at what cost !? Read More »

Interim Budget announced today…confirms fears that this Pig of a growing fiscal deficit is getting hungrier!

Pranab Mukherjee,after 25 years,yet again announced our Interim Union Budget this morning….It was a fairly drab speech and clearly as general elections are fast approaching he lacked the mandate to announce big ticket reforms…..Nevertheless I was searching for some economic stimulus or some forward thinking on challenging issues…I was dissappointed….Our Political and Bureaucratic leaders simply …

Interim Budget announced today…confirms fears that this Pig of a growing fiscal deficit is getting hungrier! Read More »

Darr kay baad hee Jeet hai !..Yesterday was ‘Fear’ful Friday the 13th..today it’s ‘Love’ly Valentine Day!

Kya Life Hai ! Yesterday was Friday the 13th…many carry a Fear  of this Day…the phobhia is called ‘PARASKAVEDEKATRIAPHOBIA’….that’s Greek..’Paraskave’ denoting ‘Friday’ and ‘Dekatria’ meaning denoting ‘Thirteen’ and ‘Phobia’ standing for ‘Fear’ Interestingly the Fear for the Number 13 is called ‘TRISKAIDEKAPHOBIA’ Now you know why Some Tall Buildings prefer to label their 13th floor as …

Darr kay baad hee Jeet hai !..Yesterday was ‘Fear’ful Friday the 13th..today it’s ‘Love’ly Valentine Day! Read More »

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