Subash Joneja on Thu, Oct 24th, 2013 6:34:02 am
India is in deep trouble , Rahul is talking about his Dadi & Father who were killed by opposition ,opposition is wasting public money in parliament sessions without any result ,no one is concerned how a poor, middle class family is surviving. U r giving black cat security by burning imported fuel for criminals who have become ministers ,M. P's , MLA. Cut down all these wasteful expenses
curb usage of fuel and ban import of non essential Gold which is being hoarded ,locked in rich man's lockers at least for 2 years.
Ban imports from China and impose 300% custom duty on imports on non essential so as to revive the dying Small Scale Industry.
Enforce strict labour laws no strikes , every one who works earns wages .Tell the ruling party and the opposition to behave and do productive work ,stop serving them 5 star food & snacks when they are tired and do only shouting in the parliament.India's medical services, educational institutions, Soft ware and many other hospitality industries can be fully exploited to earn enough U S $ and RBI Governor will not have be changed so often.Else nothing will happen ,u will have the the excuse of Delhi Elections ,followed by
main election 2014 .
Subash Joneja ( Indian )
New Jersey ,USA
Gopinathan Nair on Wed, Oct 23rd, 2013 7:05:43 pm
jignasa talajiya on Tue, Oct 22nd, 2013 2:18:55 pm
krishna kishor tiwari on Tue, Oct 22nd, 2013 1:49:16 pm
This time we are hopeful that RBI while declaring there policy on 29oct.economic growth shall be given priority over inflation and rates at LAF facility shall be further reduced to increase liquidity in the market.However repo/reverse repo may be increased marginaly by 25 basis points.
Makarand Joshi on Tue, Oct 22nd, 2013 1:00:01 pm
Everyone including our finance minister is expecting a series of quick rate cuts. This may improve the profitability of the corporates for a while but in a long term the inflation will reach beyond control of anyone and everyone. RBI should make rational decisions with strong bias towards long term stability for the economy.......
C N ANNADURAI on Tue, Oct 22nd, 2013 7:54:15 am
GREETINGS. GONE THROUGH THE RECENT CHANGES EFFECTED BY THE NEWLY TAKEN OVER RBI GOVERNOR WITH A VIEW TO STABILISE THE ECONOMICAL CONDITIONS PREVAILING IN THE PRESENT TIME.
THE GOVERNMENT OF INDIA IS TAKING STRINGENT MEASURES TO CURB THE INFLATION FOR IMPROVING THE GDP AS WELL AS THE GROWTH PERCENTAGE DURING THE ENSUING FINANCIAL YEAR.
HOWEVER, THE INDEFINITE HIKES IN OIL PRICES AND OTHER ESSENTIAL COMMODITIES HAVE PUT THE CITIZENS OF INDIA IN AN UNREST DILEMMA AND THE PURCHASING CAPACITY OF THE CITIZENS HAVE ABNORMALLY COME DOWN. HENCE, THE SAVINGS ASPECT HAVE BECOME SLUGGISH. MOREOVER, THE UNCERTAINTY IN THE POLITICAL SITUATIONS HAVE ALSO MADE SUFFICIENT IMPACT IN THE LIVELIHOOD OF THE PEOPLE. IN TOTO, THE PRESENT CONDITION OF THE INDIAN ECONOMY IS IN A DOLDRUM AND THERE IS NO SYMPTOM OF GROWTH IN THE NEAR FUTURE AND THIS FINANCIAL YEAR WILL END UP IN UNPROFITABILITY FOR MOST OF THE CORPORATES AND THE PEOPLE TOO.
LET US CAREFULLY GAUGE THE SITUATION AND ACT ACCORDINGLY.
C N ANNADURAI
COIMBATORE IFA ASSOCIATION
naraynan sethurao on Tue, Oct 22nd, 2013 6:42:53 am
Unless growth initiatives are not visible and supply side economics improves by direct government's policy and fiscal measures,inflation and growth will chase each other like the Dog trying to bite its own tail going round and round....
Gautam Haldipur on Tue, Oct 22nd, 2013 12:30:24 am
The R.B.I.'s business is to manage monetary policy & believe me they were, are & will continue to do a wonderful job with the limited options available for them. The Crux is the Fiscal Policy managed by our revered political class (read Parliamentarians). This needs a complete overhaul & has to be in sync with Monetary policy else anything done will amount to artificial tinkering & will not cure the malaise.
Mahendra Mone on Mon, Oct 21st, 2013 8:34:27 pm
Yes I do agree that at one side RBI is trying to curb inflation which is really a job of the Government and at other end it is afraid of bring down the interest and last so many months this is going on the markets are fed up of RBI policy and seems to be endless financial illness of our country for years to come, food security, new elections are going to add fuel to fire what else one can say....wait until dark.........