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Economy
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i think indian economy is fluctuating because september and october month is not good for market due to the impact on a american crisis now the bailout package could stabilise the market ...
In reply to:
House of Rep approves new bailout package
Posted by :
MMB Messenger
The House of Representatives has approved the revised USD 700 billion bailout package. The US House voted 263-171 to approve of the financial rescue bill.
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The House of Representatives has approved the revised USD 700 billion bailout package. The US House voted 263-171 to approve of the financial rescue bill.
...
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Hi latikav,
This deal is really good step towards development of the economy. Power will become more expensive with all the additional implication of carbon credits etc. Nuclear power is known to be the cheapest.
India can not afford and does not need the machoism of another nuclear test. Once you have demonstrated the bomb, the deterrant is in place. As said by you, the spin offs could be great for Indian industry. Smaller countries have become rich by engaging the world in an un hindered way, allowing transfer of technology and capital. India of past was scared of foreign influence. Now after the likes of Infy & Tata have shown the capacity of Indian companies to stand their own against global competition, there will be less scepticism. We should try & get in the main stream of global business. Indian population has for long sufferd from political & economic isolation, China has side stepped these obstacles and become a great power, which will surpass US in a few years.
Now is the time India tries the same path.
Let us hope that we are able to manage the extra power efficiently, if the "losses" in distribution continue, more generation will mean more "losses".
Any ideas what this will mean for the long term prospects of Thermal power players like Reliance Power?
Regards
...
In reply to:
N-powered India :)
Posted by : latikav
N-powered India: what are the implications ?
New Delhi: After over three years of laborious negotiations the Indo-US nuclear deal cleared its final hurdle with the US Senate voting to ratify it. The act is likely to be signed into law when US secretary of state Condoleezza Rice visits New Delhi on Saturday. The nuclear deal has conferred on India the de-facto status of a P6 power. The significance of the 123 Agreement, cannot be underestimated as not only has it reversed 34 years of US nuclear non-cooperation with India, but many view this as endorsement of India’s increasing weight in international affairs.
Economically it’s a huge leap forward for energy-hungry India. It could mean power companies getting high value orders from US for nuclear reactor components. It could also translate into technology deals in sectors such as defense, IT and nanotechnology. The deal will also go a long way in helping generate an additional 48,000 mw of power by 2032.
The deal also clears the way for American and European nuclear companies to bid for contracts worth $27 billion to build 18-20 nuclear reactors in India. And though its high cost may mean nuclear energy never comprises more than 6% of India’s power generation, it will go a long way to fill the growing economy’s desperate energy deficit.
The nuclear deal has also sparked a big debate whether India has surrendered its sovereign right to conduct a nuclear test post implementation of the 123 agreement. Some analysts and the opposition allege that all civil nuclear cooperation will cease once India tests an atomic weapon. That could mean a return to a nuclear winter.
LiveMint.........
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N-powered India: what are the implications ?
New Delhi: After over three years of laborious negotiations the Indo-US nuclear deal cleared its final hurdle with the US Senate voting to ratify it. The act is likely to be signed into law when US secretary of state Condoleezza Rice visits New Delhi on Saturday. The nuclear deal has conferred on India the de-facto status of a P6 power. The significance of the 123 Agreement, cannot be underestimated as not only has it reversed 34 years of US nuclear non-cooperation with India, but many view this as endorsement of India’s increasing weight in international affairs.
Economically it’s a huge leap forward for energy-hungry India. It could mean power companies getting high value orders from US for nuclear reactor components. It could also translate into technology deals in sectors such as defense, IT and nanotechnology. The deal will also go a long way in helping generate an additional 48,000 mw of power by 2032.
The deal also clears the way for American and European nuclear companies to bid for contracts worth $27 billion to build 18-20 nuclear reactors in India. And though its high cost may mean nuclear energy never comprises more than 6% of India’s power generation, it will go a long way to fill the growing economy’s desperate energy deficit.
The nuclear deal has also sparked a big debate whether India has surrendered its sovereign right to conduct a nuclear test post implementation of the 123 agreement. Some analysts and the opposition allege that all civil nuclear cooperation will cease once India tests an atomic weapon. That could mean a return to a nuclear winter.
LiveMint............
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i expect erverthin 2 fall..
either its comodity prices,sensex,nifty,,,
all GLOBAL economies wil be hit by serious financial crisis...evn 700BN package couldnt make DOW rally...
dats shows some serious crisis .......so all everthin will fall
expect new lows on sensex in comin days...
In reply to:
Inflation at 11.99% vs 12.14%
Posted by : MMB Messenger
Inflation numbers came in at 11.99% for the week ended September 20. Earlier, inflation was seen inching lower. A CNBC-TV18 poll saw inflation for the week ended September 20 at 12.12 % against 12.14% a week ago.
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I expect inflation to drop further. Crude is dropping and Indian basket of crude is likely to drop to $70 within a time period of one month. There is also steep fall in commodity prices. Inflation for sure will fall steeply in next few weeks. This is good news for our economy and well being of common-man....
In reply to:
Inflation at 11.99% vs 12.14%
Posted by : MMB Messenger
Inflation numbers came in at 11.99% for the week ended September 20. Earlier, inflation was seen inching lower. A CNBC-TV18 poll saw inflation for the week ended September 20 at 12.12 % against 12.14% a week ago.
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It is really a good news for all of Indian...
In reply to:
Inflation at 11.99% vs 12.14%
Posted by : MMB Messenger
Inflation numbers came in at 11.99% for the week ended September 20. Earlier, inflation was seen inching lower. A CNBC-TV18 poll saw inflation for the week ended September 20 at 12.12 % against 12.14% a week ago.
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Inflation numbers came in at 11.99% for the week ended September 20. Earlier, inflation was seen inching lower. A CNBC-TV18 poll saw inflation for the week ended September 20 at 12.12 % against 12.14% a week ago....
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Inflation numbers came in at 11.99% for the week ended September 20. Earlier, inflation was seen inching lower. A CNBC-TV18 poll saw inflation for the week ended September 20 at 12.12 % against 12.14% a week ago.
Inflation has slipped below 12% for the first time in 13 weeks. WPI for all commodities came at 241 vs 241.1 week ago. Inflation for week-ended July 26 is revised to 12.53% vs 12.01% (provisional).
-moneycontrol/nw18
...
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WoWji,
When you fight its roses (ROFL) thorns for the other party though (hahahaha)
cheers
ramji...
In reply to:
Nuke Deal Sets Ball Rolling.......
Posted by : radhika_nandlal
RAMGE,
I dont want ur poetry.. Keep ur poetry for the Queen Elizabeth.
When u fight its duty when i fight its timepass.
LOL...
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RAMGE,
I dont want ur poetry.. Keep ur poetry for the Queen Elizabeth.
When u fight its duty when i fight its timepass.
LOL... ...
In reply to:
Nuke Deal Sets Ball Rolling.......
Posted by : RAMGE
Luv is all I care!
Luv is all
The laughter and the tears that fall
The mundane and the magical
Luve is all
All is luv
The careless word, the healing touch
The getting and the giving of
All is luv.
Enjoy the facility. No point taking things to heart. Fight if you have to for timepass and to pass time.
cheers
ramji
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Luv is all I care!
Luv is all
The laughter and the tears that fall
The mundane and the magical
Luve is all
All is luv
The careless word, the healing touch
The getting and the giving of
All is luv.
Enjoy the facility. No point taking things to heart. Fight if you have to for timepass and to pass time.
cheers
ramji
...
In reply to:
Nuke Deal Sets Ball Rolling.......
Posted by : radhika_nandlal
Yes i agree i am a prolific boarder, instead of sarcasm talk about your gem`s horrendous behavior.
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Yes i agree i am a prolific boarder, instead of sarcasm talk about your gem`s horrendous behavior....
In reply to:
Nuke Deal Sets Ball Rolling.......
Posted by : RAMGE
WoWji,
Me?????? I see only you on the board and nothing else :-):-)
cheers
ramji
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CRR cut not for liquidity but may be for achieveing the desired growth target as per the policies of Finance ministry. If CRR not cut in some time or 1-2 months then I think there is non support kind of flag from RBI to finmin which is dangerous for country as it indicates lack of collective efforts towards country\...
In reply to:
RBI not to cut CRR to infuse liquidity: Axis Bank
Posted by : MMB Messenger
Saugata Bhattacharya, Economist, Axis Bank feels RBI will not reduce CRR to tide over the liquidity problem. "It will try to infuse liquidity into the system to paper over the immediate liquidity problems that banks face on a short-term basis like the rollovers, structural liquidity problem and so on."
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Saugata Bhattacharya, Economist, Axis Bank feels RBI will not reduce CRR to tide over the liquidity problem. "It will try to infuse liquidity into the system to paper over the immediate liquidity problems that banks face on a short-term basis like the rollovers, structural liquidity problem and so on."...
Poll
Udayan's Market Outlook
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Difficult to predict market direction | |
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| Udayan Mukherjee, Stocks Editor, TV18 | ||
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