October 30, 2012

Recently Retired Army Chief General V K Singh demands Dissolution of the Parliament and immediate elections ~ strongly supported by Former Cabinet Secretary TSR Subramaniam and Retired Brigadier V Mahalingam

1 Comment / Controversies, Corporate Governance, Inspiring and Motivating, Interesting News Sightings, Reflections, When the Heart Explodes through the helpless Mind / By Gaurav Parikh

Anna Hazare and Retd Army Chief Gen V K Singh — Retd Army Chief Gen V K Singh demands Dissolution of the Parliament

Former Cabinet Secretary TSR Subramanian strongly supports Retd Army Chief V K Singh's demand for Dissolution of the Parliament

Retd Brigadier V Mahalingam sides with Retired Army Chief Gen V K Singh on demand for Dissolution of the Parliament and immediate elections

Retired Army Chief General V K Singh demands Dissolution of the Parliament and immediate elections at an Anna Hazare Rally~ strongly supported by Former Cabinet Secretary TSR Subramaniam and Retired Brigadier V Mahalingam

Enjoyed a lively debate on Times Now on whether it was correct,given his ex Defence Chief Status,by recently Retired Army Chief General V K Singh to demand Dissolution of the Parliament and immediate elections

….just look at the strong supporting words that were voiced by two panelists

TSR Subramaniam,Former Cabinet Secretary ~ ” ….large number of thugs 👿 are running our country…”

Brigadier (Retd) V Mahalingam ~ “Are we as citizens required to suffer 😥 that misgovernance!?”

Brigadier was talking about the fact that an elected Government and Parliament is supposed to last a full five years during which there could be misgovernance and are citizens required to bear this for the full five years before fresh general elections !

We need more like the likes of TSR and Mahalingam to come forth to save our Democracy

Huge Thumbs Up to Both ! and Retd Army Chief General V K Singh too

RBI Sinks CRR ! and Markets at Mid-day Sink Sensex and Bankex and Realty and Auto and…….

3 Comments / Automobiles, Banking, Economy, Interesting News Sightings, Real Estate, Sensex, STOCKS, VALUATION / By Gaurav Parikh

RBI Sinks CRR ! and Markets at Mid-day Sink Sensex and Bankex and Realty and Auto and…….

RBI Sinks CRR by 0.25% to 4.25% and Bankex sinks 2.22% while overall Sensex sinks midday 0.92% and 171 points to 18464

RBI Rate Policy Actions at a Glance from March 2011 to October 2012

CRR has been reduced from 6% to 4.25%
Reverse Repo and Repo Rates have moved up from 5.75% to 7% and from 6.75% to 8% respectively
Bracket Figures represent basis points changes from previous rate where 25 basis points indicates a change of 0.25% and – indicates a decline and so on

Date	Reverse Repo %	Repo %	SLR %	CRR %
October 30, 2012	7	8	23	4.25 (-25)
September 22, 2012	7	8	23	4.50 (-25)
August 11, 2012	7	8	23(-100)	4.75
April 17, 2012	7 (-50)	8 (-50)	24	4.75
March 10, 2012	7.50	8.50	24	4.75 (-75)
January 28, 2012	7.50	8.50	24	5.50 (-50)
October 25, 2011	7.50 (25)	8.50 (25)	24	6
September 16, 2011	7.25 (25)	8.25 (25)	24	6
July 26, 2011	7.00 (50)	8.00 (50)	24	6
June 16, 2011	6.50 (25)	7.50 (25)	24	6
May 03, 2011	6.25 (50)	7.25 (50)	24	6
March 17, 2011	5.75 (25)	6.75 (25)	24	6

Index Watch on October 30,2012 at 12.28 pm on www.bseindia.com

Category/Index	Current Value	Previous Close	Change(Pts)	Change(%)
SENSEX	18464.32	18635.82	-171.50	-0.92
MIDCAP	6505.17	6574.77	-69.60	-1.06
SMLCAP	6970.15	7043.62	-73.47	-1.04
BSE-100	5597.94	5659.49	-61.55	-1.09
BSE-200	2265.66	2290.92	-25.26	-1.10
BSE-500	7083.74	7160.95	-77.21	-1.08
SHARIAH 50	1202.23	1208.22	-5.99	-0.50
BSE-GREENEX	1514.68	1532.43	-17.75	-1.16
BSE IPO	1636.30	1651.67	-15.37	-0.93
DOLLEX-30	2804.78	2835.96	-31.18	-1.10
DOLLEX-100	1071.49	1085.21	-13.72	-1.26
DOLLEX-200	697.90	706.97	-9.07	-1.28
IT	5696.28	5668.97	27.31	0.48
TECk	3293.25	3286.40	6.85	0.21
HC	7497.99	7498.69	-0.70	-0.01
FMCG	5704.46	5722.44	-17.98	-0.31
OIL&GAS	8408.24	8446.67	-38.43	-0.45
POWER	1948.50	1972.36	-23.86	-1.21
METAL	10056.45	10183.88	-127.43	-1.25
PSU	7113.72	7221.56	-107.84	-1.49
AUTO	10097.66	10291.37	-193.71	-1.88
CG	10905.77	11136.81	-231.04	-2.07
CD	6908.71	7057.55	-148.84	-2.11
BANKEX	12888.52	13180.61	-292.09	-2.22
REALTY	1743.19	1787.36	-44.17	-2.47

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