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Moneycontrol >> Messageboard >> Market View >> Economy
   You are here :     Moneycontrol     MMB   Market View   Economy

Economy

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04 Oct 2008 00:50

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.

03 Oct 2008 19:33

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.

03 Oct 2008 18:58

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.

03 Oct 2008 18:58

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....

03 Oct 2008 18:41
View full thread (3 messages)

Tracked by: 0 Boarder

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

...

03 Oct 2008 18:31

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...

03 Oct 2008 16:51

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

03 Oct 2008 16:26

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.

03 Oct 2008 16:13

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

03 Oct 2008 16:13

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."...

03 Oct 2008 16:13

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."

03 Oct 2008 15:46

WoWji,

Me?????? I see only you on the board and nothing else :-):-)
cheers
ramji...

In reply to:

Nuke Deal Sets Ball Rolling.......

Posted by : radhika_nandlal

RAMGE,

What do u have to say about the shishya of ur gem? She succeded in getting emkaystocks to quit becoz he had a contrarion view. I know u too hate contrarion views, so i dont think i can expect much from you...All birds of the same feather!

03 Oct 2008 15:43

RAMGE,

What do u have to say about the shishya of ur gem? She succeded in getting emkaystocks to quit becoz he had a contrarion view. I know u too hate contrarion views, so i dont think i can expect much from you...All birds of the same feather!...

In reply to:

Nuke Deal Sets Ball Rolling.......

Posted by : RAMGE

MMB MOD,
copy paste deserves its true rating.There is one post from Kotakinvestment rated up by his vagabond id's on the front page of MMB. Please remove it.
cheers
ramji

03 Oct 2008 11:40

Emerging markets, China and India, have both seen strong growth in domestic consumption, and have also improved productivity and diversified their trading partners to neighbouring and other economies are less prone on US demand, reports World Economic Forum (WEF).

The forum expected China to grow at 10% in 2009 and India expected to achieve year-on-year growth of 8%.

The report observed a decline in energy and food prices over the past months and projected headline inflation rates to drop in early 2009.

It pointed out that though the possibility of capital outflows from emerging markets are there, large capital inflows seeking quick profits are also reaching emerging economies. These according to the forum may become more unstable if they are speculative in nature.

The forum observed three emerging trends influential for future growth prospects.

First was the emergence of fast-growing economies with large populations and rising middle classes. Second was the increased demand and competition for the inputs, capital, energy, commodities and skills necessary to sustain economic growth; and third the growing importance being placed on innovation and technology as sources of solutions to a range of global problems.

It however also pointed out a bleak short-term outlook for global economic growth largely due to the sub-prime crisis and concerns about inflation and a possible slowdown in 2009 have engendered a great deal of uncertainty.



...

03 Oct 2008 11:31

The Indo-US civilian nuclear deal clearing its final hurdle on Wednesday could set the ball rolling on the possibility of uranium imports from Nuclear Suppliers Group nations for the fuel-starved domestic nuclear power programme.

The groundwork for reactor imports and setting up of greenfield Light Water Reactor capacities involving global suppliers is, however, expected to take longer — anything from two to three years even in the best-case scenario.

As an immediate impact of the developments on the nuclear front, state-run Nuclear Power Corporation of India Ltd (NPCIL), which is currently starving for fuel and forced to run its 17 power stations at half their total capacity of 4,120 MWe, could well look at fuel imports to run its existing capacity at higher efficiency, a Government official involved in the exercise said.

In the case of reactor imports, the collaborative efforts could be faster in the case of Russia, since State-owned Russian nuclear firm Atomstroyexport is already assisting Nuclear Power Corporation of India Ltd (NPCIL) in setting up two units at Koodankulam in Tamil Nadu as part of a deal signed in 1988.

Additional reactors with Russian assistance at the Koodankulam site, with four Light Water Reactor units of 1,000 MWe each on the anvil, are expected to be the first of the block following the opening up of the Indian nuclear market.

NPCIL plans to commence work on setting up four new reactors at Koodankulam with Russian assistance this December, with the draft technical and economic proposals expected to be firmed up latest by March-April 2009. The utility has already carried out some of the groundwork, including setting up support infrastructure and the commencement of digging of the foundation pit, as well as getting necessary permissions from the Ministry of Environment and Forests for the four new reactors at Koodankulam, an official said.

Besides, a fast-track approach with the French utilities such as Areva SA (A joint venture between Areva and Siemens) could also be on the horizon, especially for the proposed Jaitapur project in Maharashtra, which was earmarked earlier for joint execution by the two sides.

This could, however, take two or more years in terms of actual reactor imports, according to officials. “What has been signed with France is only a framework agreement for nuclear cooperation (between the two countries). There are more steps to be taken to operationalise the pact, before utilities can sign agreements with French utilities for importing reactors,” an official said. For US firms, including GE-Hitachi combine and Toshiba-owned Westinghouse, entry into the Indian market could take longer.



The Indo-US nuclear deal will now head to the White House for Bush signing it into a law. With Wednesday’s Senate vote, the deal is now ready to be inked by the US Secretary of State, Ms Condoleezza Rice, when she arrives in New Delhi on her rescheduled trip on Saturday, with the External Affairs Minister, Mr Pranab Mukherjee.

The US-India Business Council, a prominent industry lobby comprising 300 of the top US companies committed to a long-term partnership with India, said: “A massive scope for commercial opportunity between US and Indian companies will also be the result, valued at more than $150 billion over the next 30 years, spurring a revival of the nuclear power industries of both countries that will create as many as a quarter million high-tech US jobs for generations to come.”
...

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