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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