Category: India
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Tax down: Sensex may see the Raise!
The sudden announcement by Pranab Mukharjee on the service tax rate cuts is going to give a shot in arm the markets needs. The center has waived off 2% on service tax which now stands at 10%. This may come as a major relief for those industries which are service oriented. These include Courier, IT,…
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Sun may end up with a Compromise!
Its been a year since the Israeli Taro refused to be bought by India’s Sun Pharmaceuticals, good news may finally be coming in. It was reported that the Sun’s CEO Dilip Sanghvi and Taro chairman met at the Mediator Ram Caspi’s place. The presence of officials from Franklin Templeton which holds over 13% stake in…
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Cheap Politics
What has the Congress and Slumdog Millionaire in common? Absolutely nothing. But that did not stop Congress from claiming their effort in Slumdog Millionaire. Why do you do cheap politics? Is Congress so weak that it can’t even claim its own doing rather than claiming in some one else’s achievement? It is utter disappointment. Some…
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Sensex will tank: Sell Reliance to profit
The sensex will tank today amid the growing speculation on the negative fallout of Obama’s stimulus package. Dow has fallen to 12 year record low. Reliance is expected to open on high as the news is spread about the brothers meeting hinting of a possible truce. There reports are just the rumours, however the two…
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The Interim Budget: Why it was a Vote Budget?
The out-going Government at New Delhi presented a voter friendly interim budget last week. Why are our governments always believe in bleeding the economy more to retain their government. It all ends up to one thing. Win the general elections, regain voter confidence so that they can ignore the voters till the end of next…
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What’s Wrong with people: Attacks everywhere
The LTTE attacked back in Srilanka a la 9/11 style in Colombo. Chennai is in doldrums after Shoot at sight orders have been issued after protests by Lawyers over arrest of a fellow laywer. And the Cheif Minister, in his hospital bed issues a note saying it is a political conspiricy. Almost every state in…
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The Clash of the Titans: The Politians and IPL
Its the clash of Titans in a game of one’s self. Only, the games are different. One is the game called politics, other is the Twenty20. This year is critical for all the politicos because of complex dynamics and no clear winner in the vicinity. Venkaiah Naidu has publicly acknowledge that IPL’s date clashing with…
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Project Tiger is a non sense?
While I was watching Discovery yesterday, this series about the wild animals in India showcased how the authorites responsible for saving the Tiger ignored the requests of scientists and Wild Life conservative organisations. This led a massive increase in the cases of Poaching which resulted in a huge loss to the assests (Tiger) of the…
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This small Car is on Sale: The Electric Reva!
If you happen to visit the Reliance Digital Retail malls and see this cute chic there, don’t be surprised. Its not a part of offer or lucky draw. Its for sale. Understandably, Reliance’s electronic mall would sell India’s first full indegeous electric car. This move saves Maini group from the pain of setting up dealer…
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A shock absorber: Economic stimulus plan
The announcement of the economic stimulus plan by the government of United States, combined with an election budget had influenced an market rally of 3%. The reaction of the market is seen as a positive feeling it has from the outcome from the above actions. If successfully implemented, will help achieve the market prediction of…