A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
Pranab’s Union Budget has shorted the Market ! Ironically It’s Reliance Group Founder’s Dhirubhai Ambani’s Death Anniversary today… Arguably the Father of Indian Equity… He was the King in Capital Formation through Equity….. we probably need him to resurrect… to resurrect our Markets !… he build his flagship on scaling up a Domestic Consumption Story… …
I thought I would have to repeat Benjamin Franklin’s Quote “Well Done is better then Well Said “… I had quoted this for Mamta Banerjee’s Railway Budget a few days ago But Pranab Mukherjee’s Union Budget Speech was not even Well Said ! No Clarity or Roadmap on Disinvestment, Deficit Control and Deregulation… Clearly a …
First Reaction to Pranab Mukherjee’s Union Budget….He could have spelled it out better ! Read More »
It’s Uncanny really ! Two super Powers,USSR and USA being brought to their knees….the former suffering,both, physical and economic disintegration and the latter in the midst of it’s worst economic crisis…self inflicted,I daresay. Breaking up of USSR in 1991 Vladimir Lenin founded the Union of Soviet Socialist Republics or USSR for short in 1918.It was …
USSR broke up physically in 1991…USA is breaking up economically now Read More »
No Disrespect,but we find ourselves sandwiched on this weekend between two Bong ‘JEE’ Budgets From Friday’s Narrow and Metre Track Railway Budget by Mamta Baner’JEE’ , we move to Monday’s Broad Gauge Union Budget by Pranab Mukher’JEE’….gauge reference is in context of scale and content both. Yesterday, i.e. Friday,we had Trinamool Congress’ Mamta Banerjee,Railway Minister in this UPA …
Came across an American Term called ‘Boodling’ this morning while scanning one of the Investment newsletters that flood my email daily ‘BOODLING’ was a term used for ‘counterfeiting’ the Dollar In 1865,there were thousands of Banks in USA…all went bust…. 1600 of them actually printed their own Dollar Currency,which in theory was backed by Gold …
‘Boodling’…What a Word for Counterfeiting !…and yes it’s an American Term ! Read More »
What a salute to the Congress and the UPA win in the General Elections ! Sensex saluted with a straight Upper Circuit 10.73% surge on opening…It’s just a shade below 13500….The Nifty had done even better…hitting the second upper circuit of 15% on opening and is over 4200….Markets are to reopen at 11.55 am I …