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

Economy

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10 Oct 2008 14:02

CB Bhave, Chairman, Sebi feels that the integrity of the markets has been maintained. The pay-in and pay-outs have been smooth, he said. There are no margin issues in the market, he said. The Sebi is keeping a close eye on settlements, Bhave added. The regulator has not seen any issue in stock exchange that is unusual, he said. ...

10 Oct 2008 13:51

Reacting to Reserve Bank of India’s announcement to cut the cash reserve ratio by 150 basis points this morning — the 150-point cut includes the 50-bps cut announced on October 11 — experts are of the view that the cut will help infuse liquidity into the cash-starved markets. ...

10 Oct 2008 13:49

See inflation closer to 8% till December end 2008. Inflation to remain range bound between 6% to 8% for Q4FY09\...

In reply to:

Inflation at 11.80% vs 11.99%

Posted by : MMB Messenger

Inflation for the week ended September 27 has come in at 11.80% versus 11.99%. Earlier, a CNBC-TV18 poll had seen inflation coming in slightly higher at 12% against 11.99% that previously came in.

10 Oct 2008 13:49

Inflation for the week ended September 27 has come in at 11.80% versus 11.99%. Earlier, a CNBC-TV18 poll had seen inflation coming in slightly higher at 12% against 11.99% that previously came in.

...

10 Oct 2008 13:40

I will appreciate if finance minister would take the responsibility of giving accurate and correct information to the public. Trying to give a rosy picture about the growth story of India despite adverse global picture would be incorrect. We are part of this global economy and contribute substantialy. We too will be affected and the intensity may differ. his is what the finance minister is expected to educate the citizens. Giving false data and continuing to make statements about our 8% growth and so on does not seem true.

The common man trusts govt statments and that too commming from Fm who is highly qualified and respected. He has to inform the truth. If he does not inform the truth just for Votes it would be cheating the common man and people will loose faith in congress.

I do not blame the FM for what is happening to the global economy and indian stock market but yes if his staments do not reflect the reality i would be very unhappy and would feel cheated.

Request FM to be as honest as possible so that the poor dont get hurt at the cost of rich.
...

In reply to:

FM welcomes CRR cut; forms body to assess liquidity

Posted by : MMB Messenger

The following is the text of Finance Minister P Chidambaram’s statement on the CRR cut.

10 Oct 2008 13:40

The following is the text of Finance Minister P Chidambaram’s statement on the CRR cut. ...

10 Oct 2008 13:30

So much talk about banking regulations in India. Then how Global trust bank gone bust. Dont believe the words of these bureaucrats and politicians.Cash is king till things settle down....

In reply to:

Aug IIP at 1.3% versus 10.9% YoY

Posted by : MMB Messenger

August IIP numbers seen at 1.3% versus 10.9% YoY. Manufacturing growth for August is seen at 1.1% versus 10.7% (YoY), and the consumer durables growth came in at 5.1% against 6.2%.

10 Oct 2008 13:06

The Finance Minister should resign. He is giving false assurance to people of his country. He has diminished the credibility of his chair....

In reply to:

Aug IIP at 1.3% versus 10.9% YoY

Posted by : MMB Messenger

August IIP numbers seen at 1.3% versus 10.9% YoY. Manufacturing growth for August is seen at 1.1% versus 10.7% (YoY), and the consumer durables growth came in at 5.1% against 6.2%.

10 Oct 2008 13:04

It is quite sure that RBI\...

In reply to:

RBI cuts CRR by 150 bps

Posted by : MMB Messenger

The Reserve Bank of India has cut 150 basis points to 7.5% with effect from tomorrow in a bid to infuse liquidity into the markets.

10 Oct 2008 13:03

The Indian Finance Minister is a liar. He should resign for giving false assurances to people of India. He has diminished the credibility of his chair....

In reply to:

Aug IIP at 1.3% versus 10.9% YoY

Posted by : MMB Messenger

August IIP numbers seen at 1.3% versus 10.9% YoY. Manufacturing growth for August is seen at 1.1% versus 10.7% (YoY), and the consumer durables growth came in at 5.1% against 6.2%.

10 Oct 2008 12:58

i humble request to finance minister please suspend the future trading of currency with immdiate effect as its affect the importers alot.really, its hard to survive

ishu bansal ...

In reply to:

RBI cuts CRR by 150 bps

Posted by : MMB Messenger

The Reserve Bank of India has cut 150 basis points to 7.5% with effect from tomorrow in a bid to infuse liquidity into the markets.

10 Oct 2008 12:49

The August IIP Number proves the lies told by the Indian Finance Minister. He has done a big dis-service to the Indian public. He should resign. His Swiss bank accounts should be probed....

In reply to:

Aug IIP at 1.3% versus 10.9% YoY

Posted by : MMB Messenger

August IIP numbers seen at 1.3% versus 10.9% YoY. Manufacturing growth for August is seen at 1.1% versus 10.7% (YoY), and the consumer durables growth came in at 5.1% against 6.2%.

10 Oct 2008 12:35

I think these IIP numbers are due to high interest rates & steep rise in interest rates by RBI. Its like IIP numbers are invited by RBI & it was on the guest\...

In reply to:

Aug IIP at 1.3% versus 10.9% YoY

Posted by : MMB Messenger

August IIP numbers seen at 1.3% versus 10.9% YoY. Manufacturing growth for August is seen at 1.1% versus 10.7% (YoY), and the consumer durables growth came in at 5.1% against 6.2%.

10 Oct 2008 12:35

August IIP numbers seen at 1.3% versus 10.9% YoY. Manufacturing growth for August is seen at 1.1% versus 10.7% (YoY), and the consumer durables growth came in at 5.1% against 6.2%....

10 Oct 2008 12:17

Its good for rate sensitive sectors. I like to lower the target of IT,Tech, Pharma by 40% from current level. However, stock like ranbaxy would see upside....

In reply to:

RBI cuts CRR by 150 bps

Posted by : MMB Messenger

The Reserve Bank of India has cut 150 basis points to 7.5% with effect from tomorrow in a bid to infuse liquidity into the markets.

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