| Author |
Message |
xpresso
Senior Member
Joined: 27/Apr/2008
Online Status: Offline
Posts: 133
|
   Posted: 21/Dec/2011 at 10:16am |
If only someone can convey to the poor
"If you back a party that supports poor, then they have every incentive to keep you poor. It is counter intuitive but true. The only way for poor to get out from poverty is to vote for any party (if they exist at all) that favour the middle class / rich "
On another point made by someone earlier - whom to vote since all the equally bad - I remember Meera Sanyal (a banker) standing for elections after the 26/11 incident on the grounds that it is time for citizens to take matters in their own hand. Well not sure, whether she got too many votes.
|
 IP Logged |
|
|
|
 |
|
vaib
Senior Member
Joined: 23/Oct/2009
Online Status: Offline
Posts: 308
|
Posted: 22/Dec/2011 at 9:38pm |
|
http://www.facebook.com/l.php?u=http%3A%2F%2Feconomictimes.indiatimes.com%2Fnews%2Feconomy%2Ffinance%2Fgovernment-may-borrow-9-5-billion-by-pledging-property-shares-of-itc-lt-and-axis-bank%2Farticleshow%2F11205566.cms&h=UAQHj14UOAQGkEeK8BDUjgH1HGA9xFVDn4roNW-Nk1FmPsg
MUMBAI: Government plans to borrow up to Rs 50,000 crore ($9.5 billion) by pledging property and shares to bridge the budget deficit, Reuters quoted Bloomberg news agency on Thursday, citing unnamed government officials.
|
|
IP Logged |
|
|
|
basant
Admin Group
Joined: 01/Jan/2006
Location: India
Online Status: Offline
Posts: 18403
|
Posted: 22/Dec/2011 at 9:56pm |
|
Wow! The Indian Govt. is also buying shares on leverage!
|
|
'The Thoughtful Investor: A Journey to Financial Freedom Through Stock Market Investing' - A Book on Equity Investing especially for Indian Investors. Book your copy now: www.thethoughtfulinvestor.in
|
|
IP Logged |
|
|
|
prudentinvestor
Senior Member
Joined: 23/Jan/2011
Location: India
Online Status: Offline
Posts: 453
|
Posted: 22/Dec/2011 at 12:15pm |
|
Link :
http://economictimes.indiatimes.com/news/economy/finance/government-may-borrow-9-5-billion-by-pledging-property-shares-of-itc-lt-and-axis-bank/articleshow/11205566.cms
|
|
"All you need for a lifetime of successful investing is a few big winners, and the pluses from those will overwhelm the minuses from the stocks that don’t work out..” - Peter Lynch
|
|
IP Logged |
|
|
|
sai8
Groupie
Joined: 20/Jul/2011
Location: India
Online Status: Offline
Posts: 35
|
Posted: 23/Dec/2011 at 12:52pm |
|
Negative comments by India Inc add to uncertainty: PM
Mr.P.M only wants to hear old hindi song frm everyone-Jo tumko ho pasand ,wahi baat kareynge,tum din ko kaho raat,hum raat kaheyge....
|
|
IP Logged |
|
|
|
subu76
Senior Member
Joined: 25/Feb/2008
Online Status: Offline
Posts: 5709
|
Posted: 27/Dec/2011 at 7:50am |
On Indian government pledging shares...I wonder if thet will pledge shares to PSU institutes like LIC and then never allow it to sell. Overall, I hope the government does not screw LIC
|
|
IP Logged |
|
|
|
tyasha
Groupie
Joined: 09/Nov/2011
Location: India
Online Status: Offline
Posts: 59
|
Posted: 27/Dec/2011 at 8:50am |
Government is now pushing PSUs for a higher dividend to bridge the subsidy gap.... so much for arm twisting governance Vs hands off governance  Link here : http://timesofindia.indiatimes.com/business/india-business/Govt-seeks-higher-dividend-from-PSUs/articleshow/11259979.cms
|
|
Oh if only I had a time machine!
|
|
IP Logged |
|
|
|
Skyson
Newbie
Joined: 02/Jan/2012
Location: United States
Online Status: Offline
Posts: 2
|
Posted: 02/Jan/2012 at 11:28am |
Really like the write up...Basantjee is spot on the problems we are
facing. Only the food security bill has the potential to turn India
another Greece in a few years! ____________________________________________________________________________ Diablo 3 itemsD3 items
|
|
IP Logged |
|
|
|
Active Topics
Memberlist
Calendar
Search
Help
Register
Login
