Indian Parliament has approved bill that is the most Poor Friendly till date. It enables Poor People to fly for free within India. How? All you need to know is an MP or a Minister in the Union Cabinet. You can fly free with the MP/Minister anywhere within India. So get ready to fly. Additional … Read more
There has been heated discussions, announcements over extension of Indian Stock Market Trading timings from the current 9:55AM to 3:30PM. The focus of the both the major exchanges, NSE & BSE, has been to start the market early i.e., at 9:00AM (as announced last week). Most brokers esp. small brokers are opposing this since funds … Read more
Gujarat CM Mr. Narendra Modi has fired the first salvo in election reforms by making it COMPULSORY to vote in local body elections in Gujarat. There may be many critics to this from both the general public and the political class, but I believe this is a step in the right direction. People may say … Read more
What is right on the part of RBI to buy gold now when the prices are at all-time high? It looks more like a bubble/ speculative rise. On the other side, gold is any time more valuable than paper dollars 🙂
The much hyped Non-Stop express from Chennai to New Delhi (Nizamuddin Station) was flagged off today. It was touted as the next gen thing for Indian Railways. Sadly it shows no improvement over the existing fastest rail connection between the two cities – the Rajdhani Express. Rajdhani covers the distance is about 28Hrs & 5mins … Read more
I am surprised at the hype created by the so-called Austerity Drive of Cabinet Ministers & the Congress Party. Probably they fail to realise that traveling in Shatabhi Express is still a luxury for most Indians and is CANNOT be seen as a cost conscious effort by the MP. Unfortunately our Honorable MPs have forgotten … Read more
I have traveled within India to a considerable extent both by rail and by air. But overseas never before in spite of planning many time. I travelled to Italy for office work on 1st of Aug. Experiences of traveling to and being in an alien country was different. As usual the immigration offical (a lady) … Read more
Lots have been said about the way Indian Judiciary functions or rather does not function. It takes ages to give verdict in cases that in some the petitions die before the verdict. They say Justice delayed in Justice denied. So the Judiciary is actually doing injustice by holding up the cases for ages. This week, … Read more
The Inflation figures reported on Thursday were NEGATIVE. It has happened after about 30years. So what does Negative Inflation mean? 1st some basics – What is Inflation? Inflation measures the annual rate of increase in prices (prices of what? goods/commodities in the list decided by the Govt.). So if the inflation is 2% for the … Read more
Today Indian Markets closed down for the 1st time because of 20% circuit breaker. BSE hit the 15% circuit breaker within minutes of opening and then the 20% level shortly after re-opening at 11:55AM. Most stocks were up at least 20%. This zooming market is due to the decisive electoral victory of UPA. But am … Read more