Monthly Archives: February 2011

India Budget 2011/12 What matters most!

In my last years post India Budget 2010/11 What matters most! i had said  More spending = More deficit = More inflation, I was bang on target. Finance Minister Pranab Mukherjee presented Union Budget 2011-12 amid rising inflation, tight liquidity, high … Continue reading

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Momomta Di presents a populist Indian Rail budget 2011

For the third successive year, the Railway Budget for 2011-12 spared the passengers of any increase in fares and proposed no hike in freight rates while introducing 56 new trains, including nine non-stop Duronto trains and three Shatabdis. TOI As … Continue reading

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Will Indias Food Security Bill Alleviate inflation?

While the BSE benchmark sensex plunged over 618 points before recovering a little to close at 17,632.41 on Thursday, The PM has come out in Parliament and stated that the solution to food inflation is the National Food Security bill … Continue reading

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Indias Double D Conumdrum

Soon the Indian Govt will face a major problem due to deficits and lack of disinvestment. This yr, is a yr of spending and deficits as elections in 3 states are in the offing. It needs money to bridge the … Continue reading

Posted in Banking, India, Investing, IPO, Markets, Mumbai, news, Reflections | 2 Comments

China ups Rates

China has upped rates but sadly it still subsidises its exporters …and substantially thanks to its currency peg with the dollar. The People’s Bank of China yesterday raised the one-year lending rate by a quarter point to 6.06 percent and … Continue reading

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