Rupee Crash is good for Exporters. it may increase inflation but overall good.
@haribabu in my opinion is correct. With further fiscal stimulus fiscal deficit will need to be funded by additional borrowing which will probably drive rupee lower - which has direct benifit to exporters like IT/Pharma. FMCG is probably new demographic dividend.
but today, RBI gov said … INR is my baby, Inflation is baby’s enemy & Growth is someone else’s baby…
I am not sure if Holland holds the view still
And Jaitley is the Cuckoo who will lay the egg of growth in Patels nest and he will bring it up as one of his own
After all the noise on Friday. Market expected something substantial over weekend on fiscal stimulus. Instead heard a big noise of Big Fart
Today announcement: PM targets further reforms in Energy sector (source: reuters)
What will go up tomorrow: Likely --petrol/ diesel price fly to 200/- littre
Looks like an elephant to me
Bro, wht is ur camel dng now a days? Has it taken any new avatar!!! just curious!!!
Looks like somebody rushed it to hospital before it cud vomit. Still bed ridden.
Bro, awake it into some other avatar! u r gud at it😘