Tuesday, July 31, 2012

01/08/2012 stocks news

VIKAS PARSHURAM SAMWATSARE 

VPS

We Dare To Predict.......

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KYA MOGAMBO OF INDIAN ECONOMY KHUSH HOGA??

WE CAN ONLY WISH!!!!

Yessssssss

MOGAMBO ....

..................................................................KHUSH HUA!!!!

Expect Some Action On Rate Front From Mogambo of Indian Economy!!!!

Think Positive and Say!!!!

MOGAMBO ....

..................................................................KHUSH HUA!!!

Yessssssssssssss
India began the week with its first Olympic medal of the London Games with Gagan Narang, the 29-year-old marksman, winning the bronze medal in the men’s 10-meter air rifle final .

Narang won the bronze following a tense final, in which the competitors’ rankings, including the top 3, changed by the shot. However, in the end Narang secured a comfortable third place after Alin George Moldonveanu of Romania, and Niccolo Campriani of Italy. India is now tied in 22nd place on the Olympic medal table .

RBI PAINTED A GRIM PICTURE

he Reserve Bank of India has painted a grim picture of the economy with concerns over inflationlooming large due to a shortfall in the monsoon and rising government spending while reiterating that an interest rate cut cannot be a booster without prudent governance that accelerates investments .

Expectations of price rise are gaining momentum and employment growth is slowing to a two-year low, saidRBI in its quarterly macroeconomic review. Deteriorating global economic conditions could pull down exports and add to India's woes if global commodity prices rise in response to printing of currency in the West to revive economies .

The capacity of investment to respond to monetary policy actions to stimulate growth is conditional on an improvement in non-monetary factors that have impacted investment in the current cycle," said the review, which need not be an indicator of the views of RBI Governor Duvvuri Subbarao, who presents the quarterly monetary policy review on Tuesday.

When the Reserve Bank undertook the frontloaded rate cut action in April 2012, it clearly enunciated that upside risks to inflation persisted and space for further reduction in policy rates was limited," the macroeconomic review said, referring to a more-than-expected 50-basis-point cut in repo rate in April. "This space was further constrained by lack of credible action to curtail subsidies and related expenditure by the government,'' the review pointed out .

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VIKAS P SAMWATSARE

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