Monthly Archives: February 2009

Dole Sarkar

We have double digit CPI (aam admi affecting) inflation, Double digit fiscal deficit, huge govt borrowing above 80% of gdp, A sizable corporate borrowing from external sources that will not be swapped for equity due to the market crash, and … Continue reading

Posted in Corruption, Economics, India, Indian Budget, Investing, Life, Markets, Mumbai, news, Politics, Random Thoughts, Reflections | 6 Comments

Budget 2009 – What matters most

With no changes in tax rates but higher spending toward social sector projects, Minister for External Affairs Pranab Mukherjee Monday tabled a Rs.952,231 crore (Rs.9.52 trillion/$190.6 billion) interim budget for 2009-10 that chose to give fiscal prudence a miss during … Continue reading

Posted in Banking, Economics, India, Indian Budget, Investing, Markets, Mumbai, tax, you tube | 6 Comments

Frustrated Public Shutdown parts of Western Railways

Frayed tempers and daily frustration boiled over and WR services were disrupted when people agitated at borivli and blocked tracks leading to more train cancellations. TOI has a major coverage of the event read its epaper Wednesday’s agitation started when … Continue reading

Posted in Corruption, Human Rights, India, Indian railways, Mumbai, news, Politics, Random Thoughts, Real Estate, Reflections, you tube | 9 Comments