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Economy
Tracked by: 2 Boarders
I do not think so in 3 days time it will digest and on monday ride on cooling cruide prises and positive global clue as sentiments are positive and to break that you really need news of that sort.market was anticipating 12.25 so marginally higher everything will get discounted mr market bear...
In reply to:
Inflation at 12.44%: Is it time to panic?
Posted by :
marketbear
indian market will be spooked on monday, specifically banking, reality, auto and metal sectors as these sectors will face monetary and administral actions to contain inflation 
Tracked by: 2 Boarders
Bad economic policies, poor implementation records especially in core infrastructure, chor taxes like FBT have contributed to adverse supply demand factors and cost push across all sectors. Plus you have service taxes on this income. Overall collections have led to claimed big increases in tax collections, which obviously has come from man on the street.
However, man on the street are of two kinds, those with Pan cards, and those who are not or cannot afford or is not aware of this, and have no means to protest excepting participating in social strife.
I PREDICTED THIS - AND MY NEW ONE: INFLATION WILL HIT 16-17% BEFORE IT GOES DOWN. RECORDED ON AUG 15th 2008...
In reply to:
Inflation for week-ended Aug 2 at 12.44% vs 12.01%
Posted by : MMB Messenger
Inflation for the week-ended August 2 has come in at 12.44% as against 12.01%, reports CNBC-TV18. A CNBC-TV18 poll saw inflation rising to 12.15% for the week ended August 2.
Tracked by: 2 Boarders
Bad economic policies, poor implementation records especially in core infrastructure, chor taxes like FBT have contributed to adverse supply demand factors and cost push across all sectors. Plus you have service taxes on this income. Overall collections have led to claimed big increases in tax collections, which obviously has come from man on the street.
However, man on the street are of two kinds, those with Pan cards, and those who are not or cannot afford or is not aware of this, and have no means to protest excepting participating in social strife.
I PREDICTED THIS - AND MY NEW ONE: INFLATION WILL HIT 16-17% BEFORE IT GOES DOWN. RECORDED ON AUG 15th 2008...
In reply to:
Inflation for week-ended Aug 2 at 12.44% vs 12.01%
Posted by : MMB Messenger
Inflation for the week-ended August 2 has come in at 12.44% as against 12.01%, reports CNBC-TV18. A CNBC-TV18 poll saw inflation rising to 12.15% for the week ended August 2.
Tracked by: 2 Boarders
indian market will be spooked on monday, specifically banking, reality, auto and metal sectors as these sectors will face monetary and administral actions to contain inflation...
In reply to:
Inflation for week-ended Aug 2 at 12.44% vs 12.01%
Posted by : MMB Messenger
Inflation for the week-ended August 2 has come in at 12.44% as against 12.01%, reports CNBC-TV18. A CNBC-TV18 poll saw inflation rising to 12.15% for the week ended August 2.
Tracked by: 2 Boarders
indian market will be spooked on monday, specifically banking, reality, auto and metal sectors as these sectors will face monetary and administral actions to contain inflation...
In reply to:
Inflation for week-ended Aug 2 at 12.44% vs 12.01%
Posted by : MMB Messenger
Inflation for the week-ended August 2 has come in at 12.44% as against 12.01%, reports CNBC-TV18. A CNBC-TV18 poll saw inflation rising to 12.15% for the week ended August 2.
Tracked by: 0 Boarder
This government knows it is not coming back to power. They are throwing money away only to make it difficult for the next party that comes into power....
In reply to:
6th Pay Comm hike to hit FY09 Central Budget by Rs 15K cr
Posted by : MMB Messenger
The Cabinet is open to the Sixth Pay Panel recommendations and the wage hike would exceed the pay panel estimate by Rs 11,000 crore. The Finance Minister, P Chidambaram said that the Sixth Pay Commission hike would impact the FY09 Central Budget by Rs 15,717 crore and the Railway Budget by Rs 6,414 crore.
Tracked by: 2 Boarders
inflation is very high and expected to grow higher
to 17%...
In reply to:
Inflation for week-ended Aug 2 at 12.44% vs 12.01%
Posted by : MMB Messenger
Inflation for the week-ended August 2 has come in at 12.44% as against 12.01%, reports CNBC-TV18. A CNBC-TV18 poll saw inflation rising to 12.15% for the week ended August 2.
Tracked by: 2 Boarders
inflation is very high and expected to grow higher
to 17%...
In reply to:
Inflation for week-ended Aug 2 at 12.44% vs 12.01%
Posted by : MMB Messenger
Inflation for the week-ended August 2 has come in at 12.44% as against 12.01%, reports CNBC-TV18. A CNBC-TV18 poll saw inflation rising to 12.15% for the week ended August 2.
Tracked by: 2 Boarders
inflation is very high and expected to grow higher
to 17%...
In reply to:
Inflation for week-ended Aug 2 at 12.44% vs 12.01%
Posted by : MMB Messenger
Inflation for the week-ended August 2 has come in at 12.44% as against 12.01%, reports CNBC-TV18. A CNBC-TV18 poll saw inflation rising to 12.15% for the week ended August 2.
Tracked by: 2 Boarders
inflation is very high and expected to grow higher
to 17%...
In reply to:
Inflation for week-ended Aug 2 at 12.44% vs 12.01%
Posted by : MMB Messenger
Inflation for the week-ended August 2 has come in at 12.44% as against 12.01%, reports CNBC-TV18. A CNBC-TV18 poll saw inflation rising to 12.15% for the week ended August 2.
Tracked by: 2 Boarders
inflation is very high and expected to grow higher
to 17%...
In reply to:
Inflation for week-ended Aug 2 at 12.44% vs 12.01%
Posted by : MMB Messenger
Inflation for the week-ended August 2 has come in at 12.44% as against 12.01%, reports CNBC-TV18. A CNBC-TV18 poll saw inflation rising to 12.15% for the week ended August 2.
Tracked by: 2 Boarders
I really find its amusing that all these analysts and have been harping on two great words for so long... ONE-OFF & SUPRISING... be it with IIP or inflation or any other macro-economic data point..It only shows one thing,the ground research is very poor......
In reply to:
Inflation for week-ended Aug 2 at 12.44% vs 12.01%
Posted by : MMB Messenger
Inflation for the week-ended August 2 has come in at 12.44% as against 12.01%, reports CNBC-TV18. A CNBC-TV18 poll saw inflation rising to 12.15% for the week ended August 2.
Tracked by: 0 Boarder
Showing no sign of reversing its rising graph, inflation has touched 12.44 per cent for the week ended August 2, on the back of rising food and fuel prices. ( Watch )
Earlier during the day a strong wave of selling towards end of session saw the Sensex end at day’s lows. The market was abuzz that inflation numbers would be above 12.4 per cent against media expectations of 12.16 per cent. Traders also squared off positions ahead of an extended weekend.
Annual inflation based on wholesale prices crossed the 12 per cent mark during the week ended July 26, fuelled by costlier manufactured products, fuel and food items other than vegetables. Vegetable prices showed a decline of 8 per cent from the year-ago period. However food products rose by 0.1 per cent, non-food articles 0.4 per cent and textiles by 0.4 per cent. Similarly, primary articles were up 0.1 per cent and chemical and chemical products 0.5 per cent. Fuel and petroleum remained unchanged.
The RBI recently raised its key lending rate for the third time in two months, taking it to its highest in seven years to quell price pressures, dampen demand and keep inflation expectations in check. The apex bank hiked the benchmark short-term rate by 50 basis points, about 25 bps more than what the market had expected, and the cash reserve ratio, the amount of funds banks must keep on deposit with it, by 25 basis points to 9 per cent to absorb surplus cash in the banking system.
\"Bringing down inflation from the current high levels and stabilising inflation expectations assume the highest priority in the stance of monetary policy,” the RBI said in its quarterly review.
However, the government’s fiscal and monetary measures have so far failed to tame the rising prices, and another round of monetary tightening is feared.
“Inflation may peak in November-December and slip into single-digit by March 2009. Going by the current price situation, there may be another round of monetary tightening,” said Prime Minister’s economic advisory council member Saumitra Choudhury recently.
Finance ministry’s chief economic advisor Arvind Virmani, however, is cautiously optimistic. At a recent CII conference in Chennai, he said: “The uncertain oil prices make it difficult to make short-term predictions, but in the next 12 months, the inflation rate would return to normal levels of 5-6 per cent.”
toi-
...
Tracked by: 2 Boarders
inflation can be reduced easily if crude drops to 100$ and if the congress wants to come back to power it only needs to reduce the price of petroleum products its as simple as that...
In reply to:
Inflation for week-ended Aug 2 at 12.44% vs 12.01%
Posted by : MMB Messenger
Inflation for the week-ended August 2 has come in at 12.44% as against 12.01%, reports CNBC-TV18. A CNBC-TV18 poll saw inflation rising to 12.15% for the week ended August 2.
Tracked by: 2 Boarders
Inflation for the week-ended August 2 has come in at 12.44% as against 12.01%, reports CNBC-TV18. A CNBC-TV18 poll saw inflation rising to 12.15% for the week ended August 2....
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