A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
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 …
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 & …
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 …
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 …
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 …
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 »