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Union Budget 2010/11

Sensex is Low ~ Rupee is Low ~ WE ARE LOW ! ~ Inflation is High ~ Current & Fiscal Deficit is High ~ Oil Prices are High ~ FII & FDI Trust Deficit is High….and yet the Government continues to be on the defensive and keeps claiming pyrrhic victories…and after years now admit Global Macros are severely impacting us !

They say there is Intelligence leakage when Government keeps defending their inability to find sustainable Economic solutions …I disagree !…there has to be Intelligence in the first place for there to have been any leakage !….pardon me for being unkind here…but it truly is frustrating when India continues to squander it’s resources Sensex is Low …

Sensex is Low ~ Rupee is Low ~ WE ARE LOW ! ~ Inflation is High ~ Current & Fiscal Deficit is High ~ Oil Prices are High ~ FII & FDI Trust Deficit is High….and yet the Government continues to be on the defensive and keeps claiming pyrrhic victories…and after years now admit Global Macros are severely impacting us ! Read More »

Pranab’s Powerless Budget to Remain in Power !….Budget Speech is yet going on….over 1 hr 45 min….he remains standing while Sensex sinks from positive (up 100 points) to negative territory from yesterday to current 17600 levels

Pranab’s Powerless Budget to Remain in Power !….Budget Speech is yet going on….over 1 hr 45 min….he remains standing while Sensex sinks from positive (up 100 points) to negative territory from yesterday to current 17600 levels Fill in the Blank by Choosing the correct Option Pranab delivers a ________ less Union Budget 2012 Purpose Power …

Pranab’s Powerless Budget to Remain in Power !….Budget Speech is yet going on….over 1 hr 45 min….he remains standing while Sensex sinks from positive (up 100 points) to negative territory from yesterday to current 17600 levels Read More »

Muted Expectations from the Union Budget….and the FM delivered on cue…..Sensex rally of 500 + Points had to reverse

Immediate Take on the Union Budget   Nothing much was expected from this Budget and our FM met these expectations…..I had not expected any Amnesty Scheme or bold vision or dramatic reform announcements….too many pressures and pulls and compulsions being faced by this UPA Government currently   Markets were however buoyant from Morning and post …

Muted Expectations from the Union Budget….and the FM delivered on cue…..Sensex rally of 500 + Points had to reverse Read More »

Live from the Oscars to a near Octogenarian delivering Union Budget Ointment

A new week commences as February ends…Got up early to watch Live on ‘Star Movies’ the 83rd Oscars Awards Presentation Ceremony….new and younger hosts in an attempt to make the Oscars youthful and livelier and more ‘yo’ and ‘wassup’……James Franco and Anne Hathaway…Great Actors…not so Great Oscar Hosts…needed host of earlier years Billy Crystal and …

Live from the Oscars to a near Octogenarian delivering Union Budget Ointment Read More »

UNION BUDGET 2010/11 AT A GLANCE

                 Union Budget 2010-2011                               Budget at a Glance       (In Crore of Rupees)     2008-2009 Actuals@ 2009-2010 Budget Estimates   2009-2010 Revised Estimates 2010-2011 Budget Estimates 1.    Revenue Receipts 540259 614497 577294 682212        2.    Tax Revenue (net to Centre) 443319 474218 …

UNION BUDGET 2010/11 AT A GLANCE Read More »

Union Budget 2010….First Reaction….So what’s New !?

Sentiment is at work at the Stock Exchanges…more visible on days such as these…when the Union Budget is announced In the Morning the Sensex and Nifty were up marginally…as the FM began his speech at 11 am,they remained positive…90 minutes into his speech,at around 12.30 pm and around the time the BJP decided to walkout,the Indices …

Union Budget 2010….First Reaction….So what’s New !? Read More »

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