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

4 Comments / Controversies, Corporate Governance, Economy, Interesting News Sightings, Reflections, VALUATION / By

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 »

Is India really defenceless against Currency Rate Fluctuations !?

Leave a Comment / Controversies, Economy, Foreign Institutional Investors, Global Economic Crisis, Interesting News Sightings, Reflections, VALUATION / By

Is India really defenceless against Currency Rate Fluctuations !?…Are RBI measures in this regard merely cosmetic as determining factors are not in their control ?  Well it certainly appears so if you reckon that the chief determinant of the rate is the quantum of Dollar Inflows and outflows A Report released yesterday by HSBC Holdings Plc from Singapore …

Is India really defenceless against Currency Rate Fluctuations !? Read More »

Foreigners ‘Desert’ing Dubai !

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The signs of Dubai losing it’s lustre are ominous……The Real Estate Boom that had lured even many celebrities from Hollywood and Bollywood is faltering !  DNA has carried a story of ‘Ditching Dubai’ on Page 13 of today’s edition…some interesting extracts Dubai has 3.62 milion expatriates and just 864000 locals 60% ! fall in Property Values predicted with even 50% …

Foreigners ‘Desert’ing Dubai ! Read More »

Bank of America…Bubble ?…Bankrupt ?….Breaking Down ?….Going ? …Going?….Gone?

Leave a Comment / Banking, Controversies, Corporate Governance, Economy, Global Economic Crisis, Insider Trading, Interesting News Sightings, INVESTOR MISTAKES, Reflections, STOCKS, VALUATION / By

A year ago,USA’s biggest bank ,Bank of America quoted at US $ 43.Yesterday is sank below US $ 4  and recovered to close at US $4.84…down 66 % in January alone this year Market Cap has sunk below US $ 31 Billion…Bloomberg puts it rather tongue in cheek…One share of Bank of America will not even buy you …

Bank of America…Bubble ?…Bankrupt ?….Breaking Down ?….Going ? …Going?….Gone? Read More »

Satyajit Das,author of ‘Traders,Guns and Money’ just appeared on NDTV Profit….Here’s what he said on the Global Crisis

1 Comment / Economy, Global Economic Crisis, Interesting News Sightings, INVESTOR MISTAKES, Nifty, Reflections, Sensex, VALUATION / By

Hey ! just saw Satyajit Das on NDTV Profit this morning…speaking from Sydney…Check out my Pages section in the section,Books you must read…I have featured Satyajit Das’s ‘Traders,Guns and Money’…a book where he states that  Money cannot be made Honestly in Derivatives ! Here are  some views expressed by Das on TV this morning 2009 will be …

Satyajit Das,author of ‘Traders,Guns and Money’ just appeared on NDTV Profit….Here’s what he said on the Global Crisis Read More »

Some Jay Leno Chuckles on Wall Street & the US Economy Meltdown !

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Jay Leno , who hosts his talk show which you can catch on Zee Studio,is famous for his one liners…Here are some chuckles on the US Stocks and Economy Meltdown The US has made a new weapon that destroys people but keeps the building standing,. Its called the stock market   Do you have any idea how cheap …

Some Jay Leno Chuckles on Wall Street & the US Economy Meltdown ! Read More »

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