Rupee slides to a new low this year..

I have a feeling that the present government is unable or incapable of handling the situation and so for once even big mouths like Digvijay Singh , Renuka Chaudhuri and Manish Tiwari have kept their mouth shut instead of defending their party and their government !

They can't because they are not made like that.. thery skin is totally hard and painless. lets hope someone come forward with solution...

I guess now with the rupee going all the way down to 28 to a dollar we may even see the Deutsche bank predictions of it touching 70 come true ! The best option or the government is to resign and call for elections since they are inacapable in every single respect.PC is best taking cases in supreme court charging a whopping 4 lakh rupees per appearance instead of making a mess of the nation and our PM and high command, lesser said the better ..

Rupee at 68+ , keeping on setting new records almost everyday like Sergei Bubka!! And great finance minister is all smiles - may be he can't cry!!! Cry my countrymen, Cry!!!

Chidambaram issued a statement suggesting Rupee is falling due to bad decisions taken in between 2009-2011. By the way who was looking after Finance then, our current President. What a shame FM sir.

@Sunil

However ludicrous his action might sound but it has let the people of India that the gentleman sitting atop us as President of India was promoted so for his great disservice to the nation as FM!!!

I have a feeling that the present government is unable or incapable of handling the situation and so for once even big mouths like Digvijay Singh , Renuka Chaudhuri and Manish Tiwari have kept their mouth shut instead of defending their party and their government !

They can't because they are not made like that.. thery skin is totally hard and painless. lets hope someone come forward with solution...

I guess now with the rupee going all the way down to 28 to a dollar we may even see the Deutsche bank predictions of it touching 70 come true ! The best option or the government is to resign and call for elections since they are inacapable in every single respect.PC is best taking cases in supreme court charging a whopping 4 lakh rupees per appearance instead of making a mess of the nation and our PM and high command, lesser said the better ..

Rupee at 68+ , keeping on setting new records almost everyday like Sergei Bubka!! And great finance minister is all smiles - may be he can't cry!!! Cry my countrymen, Cry!!!

Chidambaram issued a statement suggesting Rupee is falling due to bad decisions taken in between 2009-2011. By the way who was looking after Finance then, our current President. What a shame FM sir.

@Sunil

However ludicrous his action might sound but it has let the people of India that the gentleman sitting atop us as President of India was promoted so for his great disservice to the nation as FM!!!

Maybe, but this should be no reason to play blame games but to bring situation back under control, he thinks Rupee is undervalued. Let us not panic but let it take its real place. So we have nothing to blame anyone. We can even do without a FM if it has to take its own shape.
http://www.firstpost.com/economy/rupee-at-68-sorry-chidu-you-are-as-responsible-as-pranab-1065919.html

I have a feeling that the present government is unable or incapable of handling the situation and so for once even big mouths like Digvijay Singh , Renuka Chaudhuri and Manish Tiwari have kept their mouth shut instead of defending their party and their government !

They can't because they are not made like that.. thery skin is totally hard and painless. lets hope someone come forward with solution...

I guess now with the rupee going all the way down to 28 to a dollar we may even see the Deutsche bank predictions of it touching 70 come true ! The best option or the government is to resign and call for elections since they are inacapable in every single respect.PC is best taking cases in supreme court charging a whopping 4 lakh rupees per appearance instead of making a mess of the nation and our PM and high command, lesser said the better ..

Rupee at 68+ , keeping on setting new records almost everyday like Sergei Bubka!! And great finance minister is all smiles - may be he can't cry!!! Cry my countrymen, Cry!!!

Chidambaram issued a statement suggesting Rupee is falling due to bad decisions taken in between 2009-2011. By the way who was looking after Finance then, our current President. What a shame FM sir.

@Sunil

However ludicrous his action might sound but it has let the people of India that the gentleman sitting atop us as President of India was promoted so for his great disservice to the nation as FM!!!

Maybe, but this should be no reason to play blame games but to bring situation back under control, he thinks Rupee is undervalued. Let us not panic but let it take its real place. So we have nothing to blame anyone. We can even do without a FM if it has to take its own shape.
http://www.firstpost.com/economy/rupee-at-68-sorry-chidu-you-are-as-responsible-as-pranab-1065919.html

Rupee's down fall has nothing to do with the so called experts or Pundits or connoisseurs who are at the helm of the affairs. Just after one day chidambarams magic formula rupee plunged to to 68 plus. Yes as you said even without these pseudo experts country can run.

I have a feeling that the present government is unable or incapable of handling the situation and so for once even big mouths like Digvijay Singh , Renuka Chaudhuri and Manish Tiwari have kept their mouth shut instead of defending their party and their government !

They can't because they are not made like that.. thery skin is totally hard and painless. lets hope someone come forward with solution...

I guess now with the rupee going all the way down to 28 to a dollar we may even see the Deutsche bank predictions of it touching 70 come true ! The best option or the government is to resign and call for elections since they are inacapable in every single respect.PC is best taking cases in supreme court charging a whopping 4 lakh rupees per appearance instead of making a mess of the nation and our PM and high command, lesser said the better ..

Rupee at 68+ , keeping on setting new records almost everyday like Sergei Bubka!! And great finance minister is all smiles - may be he can't cry!!! Cry my countrymen, Cry!!!

Chidambaram issued a statement suggesting Rupee is falling due to bad decisions taken in between 2009-2011. By the way who was looking after Finance then, our current President. What a shame FM sir.

@Sunil

However ludicrous his action might sound but it has let the people of India that the gentleman sitting atop us as President of India was promoted so for his great disservice to the nation as FM!!!

Maybe, but this should be no reason to play blame games but to bring situation back under control, he thinks Rupee is undervalued. Let us not panic but let it take its real place. So we have nothing to blame anyone. We can even do without a FM if it has to take its own shape.
http://www.firstpost.com/economy/rupee-at-68-sorry-chidu-you-are-as-responsible-as-pranab-1065919.html

Rupee's down fall has nothing to do with the so called experts or Pundits or connoisseurs who are at the helm of the affairs. Just after one day chidambarams magic formula rupee plunged to to 68 plus. Yes as you said even without these pseudo experts country can run.

Look how strong a nation we are under the present government, the US decided to hit Syria and tremors shook Indian Rupee, government decided to put subsidy burden and markets fallen here. that shows that policy on subsidy will not do any good to Indian finance situation.

I have a feeling that the present government is unable or incapable of handling the situation and so for once even big mouths like Digvijay Singh , Renuka Chaudhuri and Manish Tiwari have kept their mouth shut instead of defending their party and their government !

They can't because they are not made like that.. thery skin is totally hard and painless. lets hope someone come forward with solution...

I guess now with the rupee going all the way down to 28 to a dollar we may even see the Deutsche bank predictions of it touching 70 come true ! The best option or the government is to resign and call for elections since they are inacapable in every single respect.PC is best taking cases in supreme court charging a whopping 4 lakh rupees per appearance instead of making a mess of the nation and our PM and high command, lesser said the better ..

Rupee at 68+ , keeping on setting new records almost everyday like Sergei Bubka!! And great finance minister is all smiles - may be he can't cry!!! Cry my countrymen, Cry!!!

Chidambaram issued a statement suggesting Rupee is falling due to bad decisions taken in between 2009-2011. By the way who was looking after Finance then, our current President. What a shame FM sir.

@Sunil

However ludicrous his action might sound but it has let the people of India that the gentleman sitting atop us as President of India was promoted so for his great disservice to the nation as FM!!!

Maybe, but this should be no reason to play blame games but to bring situation back under control, he thinks Rupee is undervalued. Let us not panic but let it take its real place. So we have nothing to blame anyone. We can even do without a FM if it has to take its own shape.
http://www.firstpost.com/economy/rupee-at-68-sorry-chidu-you-are-as-responsible-as-pranab-1065919.html

Rupee's down fall has nothing to do with the so called experts or Pundits or connoisseurs who are at the helm of the affairs. Just after one day chidambarams magic formula rupee plunged to to 68 plus. Yes as you said even without these pseudo experts country can run.

Look how strong a nation we are under the present government, the US decided to hit Syria and tremors shook Indian Rupee, government decided to put subsidy burden and markets fallen here. that shows that policy on subsidy will not do any good to Indian finance situation.

Even a child knows how the subsidies are drilling a hole in the economy. I wonder how these simple things known to a man even from the lowest strata will fail to enter the thick skulled law makers.

I have a feeling that the present government is unable or incapable of handling the situation and so for once even big mouths like Digvijay Singh , Renuka Chaudhuri and Manish Tiwari have kept their mouth shut instead of defending their party and their government !

They can't because they are not made like that.. thery skin is totally hard and painless. lets hope someone come forward with solution...

I guess now with the rupee going all the way down to 28 to a dollar we may even see the Deutsche bank predictions of it touching 70 come true ! The best option or the government is to resign and call for elections since they are inacapable in every single respect.PC is best taking cases in supreme court charging a whopping 4 lakh rupees per appearance instead of making a mess of the nation and our PM and high command, lesser said the better ..

Rupee at 68+ , keeping on setting new records almost everyday like Sergei Bubka!! And great finance minister is all smiles - may be he can't cry!!! Cry my countrymen, Cry!!!

Chidambaram issued a statement suggesting Rupee is falling due to bad decisions taken in between 2009-2011. By the way who was looking after Finance then, our current President. What a shame FM sir.

@Sunil

However ludicrous his action might sound but it has let the people of India that the gentleman sitting atop us as President of India was promoted so for his great disservice to the nation as FM!!!

Maybe, but this should be no reason to play blame games but to bring situation back under control, he thinks Rupee is undervalued. Let us not panic but let it take its real place. So we have nothing to blame anyone. We can even do without a FM if it has to take its own shape.
http://www.firstpost.com/economy/rupee-at-68-sorry-chidu-you-are-as-responsible-as-pranab-1065919.html

Rupee's down fall has nothing to do with the so called experts or Pundits or connoisseurs who are at the helm of the affairs. Just after one day chidambarams magic formula rupee plunged to to 68 plus. Yes as you said even without these pseudo experts country can run.

Look how strong a nation we are under the present government, the US decided to hit Syria and tremors shook Indian Rupee, government decided to put subsidy burden and markets fallen here. that shows that policy on subsidy will not do any good to Indian finance situation.

Even a child knows how the subsidies are drilling a hole in the economy. I wonder how these simple things known to a man even from the lowest strata will fail to enter the thick skulled law makers.

Haha, hole? there is a whole lot of vacuum created by subsidies as there is nothing left. They try to invent newer ways to make money for themselves.

this is serious as just now I saw dollor has gone up to 68 rupees and gold rates gone to 34 k I fear how we people going to survive one when there is speculation that petrol rates will increase by 10 rs.

this is serious as just now I saw dollor has gone up to 68 rupees and gold rates gone to 34 k I fear how we people going to survive one when there is speculation that petrol rates will increase by 10 rs.

Immediately stage is set for a hike in diesel prices. What a pitiable economic condition. Prices rise in Every thing that a common uses .

this is serious as just now I saw dollor has gone up to 68 rupees and gold rates gone to 34 k I fear how we people going to survive one when there is speculation that petrol rates will increase by 10 rs.

this is serious as just now I saw dollor has gone up to 68 rupees and gold rates gone to 34 k I fear how we people going to survive one when there is speculation that petrol rates will increase by 10 rs.

Today I made some real profit by selling a few dollars that I had with me since a few years back and sold a battered gold bangle bought when the gold was at Rs 9,000 per soverign along with some of my friends who made even more mpney by selling off their old gold... :)

this is serious as just now I saw dollor has gone up to 68 rupees and gold rates gone to 34 k I fear how we people going to survive one when there is speculation that petrol rates will increase by 10 rs.

Today I made some real profit by selling a few dollars that I had with me since a few years back and sold a battered gold bangle bought when the gold was at Rs 9,000 per soverign along with some of my friends who made even more mpney by selling off their old gold... :)

I am feeling so sorry that I sold 100 gms gold coin bought from Tanishka in 2004 @8800/ in 2009 @12,200 a solid loss of 2 lacs. But I am happy for my Aus$ I will bring back. But do I have any reason to be happy if I'll pay 20-30% extra for every commodity when back home!

this is serious as just now I saw dollor has gone up to 68 rupees and gold rates gone to 34 k I fear how we people going to survive one when there is speculation that petrol rates will increase by 10 rs.

Today I made some real profit by selling a few dollars that I had with me since a few years back and sold a battered gold bangle bought when the gold was at Rs 9,000 per soverign along with some of my friends who made even more mpney by selling off their old gold... :)

I am feeling so sorry that I sold 100 gms gold coin bought from Tanishka in 2004 @8800/ in 2009 @12,200 a solid loss of 2 lacs. But I am happy for my Aus$ I will bring back. But do I have any reason to be happy if I'll pay 20-30% extra for every commodity when back home!

Now I'm thinking of selling some silver and gold which is lying unused since a long time.

this is serious as just now I saw dollor has gone up to 68 rupees and gold rates gone to 34 k I fear how we people going to survive one when there is speculation that petrol rates will increase by 10 rs.

Today I made some real profit by selling a few dollars that I had with me since a few years back and sold a battered gold bangle bought when the gold was at Rs 9,000 per soverign along with some of my friends who made even more mpney by selling off their old gold... :)

I am feeling so sorry that I sold 100 gms gold coin bought from Tanishka in 2004 @8800/ in 2009 @12,200 a solid loss of 2 lacs. But I am happy for my Aus$ I will bring back. But do I have any reason to be happy if I'll pay 20-30% extra for every commodity when back home!

Now I'm thinking of selling some silver and gold which is lying unused since a long time.

Good time to sell since it may not go down as much as it has gone down now in the past few months...

this is serious as just now I saw dollor has gone up to 68 rupees and gold rates gone to 34 k I fear how we people going to survive one when there is speculation that petrol rates will increase by 10 rs.

Today I made some real profit by selling a few dollars that I had with me since a few years back and sold a battered gold bangle bought when the gold was at Rs 9,000 per soverign along with some of my friends who made even more mpney by selling off their old gold... :)

I am feeling so sorry that I sold 100 gms gold coin bought from Tanishka in 2004 @8800/ in 2009 @12,200 a solid loss of 2 lacs. But I am happy for my Aus$ I will bring back. But do I have any reason to be happy if I'll pay 20-30% extra for every commodity when back home!

Now I'm thinking of selling some silver and gold which is lying unused since a long time.

Good time to sell since it may not go down as much as it has gone down now in the past few months...

Its a good and bad time for people accordingly. People earning abroad are happy, people studing out are sad. Such a big country.. some are always happier with the misfortune to others. Life is like that only.

this is serious as just now I saw dollor has gone up to 68 rupees and gold rates gone to 34 k I fear how we people going to survive one when there is speculation that petrol rates will increase by 10 rs.

Today I made some real profit by selling a few dollars that I had with me since a few years back and sold a battered gold bangle bought when the gold was at Rs 9,000 per soverign along with some of my friends who made even more mpney by selling off their old gold... :)

I am feeling so sorry that I sold 100 gms gold coin bought from Tanishka in 2004 @8800/ in 2009 @12,200 a solid loss of 2 lacs. But I am happy for my Aus$ I will bring back. But do I have any reason to be happy if I'll pay 20-30% extra for every commodity when back home!

Now I'm thinking of selling some silver and gold which is lying unused since a long time.

Good time to sell since it may not go down as much as it has gone down now in the past few months...

Its a good and bad time for people accordingly. People earning abroad are happy, people studing out are sad. Such a big country.. some are always happier with the misfortune to others. Life is like that only.

Thats right ! Yesterday in the news report they were showing that quite a few students studying the US have been forced to discontinue their studies with the increased dollar rates and their loan amount falls short...One of them has taken up a job in a supermarket hoping that at least by the next term things would stabilise and he could continue his studies...

this is serious as just now I saw dollor has gone up to 68 rupees and gold rates gone to 34 k I fear how we people going to survive one when there is speculation that petrol rates will increase by 10 rs.

Today I made some real profit by selling a few dollars that I had with me since a few years back and sold a battered gold bangle bought when the gold was at Rs 9,000 per soverign along with some of my friends who made even more mpney by selling off their old gold... :)

I am feeling so sorry that I sold 100 gms gold coin bought from Tanishka in 2004 @8800/ in 2009 @12,200 a solid loss of 2 lacs. But I am happy for my Aus$ I will bring back. But do I have any reason to be happy if I'll pay 20-30% extra for every commodity when back home!

Now I'm thinking of selling some silver and gold which is lying unused since a long time.

Good time to sell since it may not go down as much as it has gone down now in the past few months...

Its a good and bad time for people accordingly. People earning abroad are happy, people studing out are sad. Such a big country.. some are always happier with the misfortune to others. Life is like that only.

Thats right ! Yesterday in the news report they were showing that quite a few students studying the US have been forced to discontinue their studies with the increased dollar rates and their loan amount falls short...One of them has taken up a job in a supermarket hoping that at least by the next term things would stabilise and he could continue his studies...

this is serious as just now I saw dollor has gone up to 68 rupees and gold rates gone to 34 k I fear how we people going to survive one when there is speculation that petrol rates will increase by 10 rs.

Today I made some real profit by selling a few dollars that I had with me since a few years back and sold a battered gold bangle bought when the gold was at Rs 9,000 per soverign along with some of my friends who made even more mpney by selling off their old gold... :)

I am feeling so sorry that I sold 100 gms gold coin bought from Tanishka in 2004 @8800/ in 2009 @12,200 a solid loss of 2 lacs. But I am happy for my Aus$ I will bring back. But do I have any reason to be happy if I'll pay 20-30% extra for every commodity when back home!

Now I'm thinking of selling some silver and gold which is lying unused since a long time.

Good time to sell since it may not go down as much as it has gone down now in the past few months...

Its a good and bad time for people accordingly. People earning abroad are happy, people studing out are sad. Such a big country.. some are always happier with the misfortune to others. Life is like that only.

Thats right ! Yesterday in the news report they were showing that quite a few students studying the US have been forced to discontinue their studies with the increased dollar rates and their loan amount falls short...One of them has taken up a job in a supermarket hoping that at least by the next term things would stabilise and he could continue his studies...

Yes, it's an intolerable situation for anyone connected to the sensitivity of movement in dollar-rupee exchange rate. It would virtually leave any section unscathed in India. As for myself I have never felt more disillusioned with Manmohan Singh - what a fate for a man with such distinction who chose to be so immoral at the fag end of his life!!!

this is serious as just now I saw dollor has gone up to 68 rupees and gold rates gone to 34 k I fear how we people going to survive one when there is speculation that petrol rates will increase by 10 rs.

Today I made some real profit by selling a few dollars that I had with me since a few years back and sold a battered gold bangle bought when the gold was at Rs 9,000 per soverign along with some of my friends who made even more mpney by selling off their old gold... :)

I am feeling so sorry that I sold 100 gms gold coin bought from Tanishka in 2004 @8800/ in 2009 @12,200 a solid loss of 2 lacs. But I am happy for my Aus$ I will bring back. But do I have any reason to be happy if I'll pay 20-30% extra for every commodity when back home!

Now I'm thinking of selling some silver and gold which is lying unused since a long time.

Good time to sell since it may not go down as much as it has gone down now in the past few months...

Its a good and bad time for people accordingly. People earning abroad are happy, people studing out are sad. Such a big country.. some are always happier with the misfortune to others. Life is like that only.