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Now the RBI governor in his parting speech has accused the FM that the RBI is not allowed to act freely. Hence the issue. He even says that if FM wants to walk alone, let him but he should not blame RBI.

http://www.dnaindia.com/money/1881782/report-walk-alone-if-you-must-but-don-t-blame-rbi-subbarao-tells-fm-in-parting-speech


Subba Rao who is going to retire soon blamed the government's " Loose fiscal stance" for the current economic woes and warned that the root cause of Rupee fall is "Domestic structural factors."

And , PM in today's speech in the parliament attributes the reasons for the fall of Rupee to mostly external factors.
Its the beginning of the Passing of the buck. Let's all wait for more interesting Buck passing stories.
Now the RBI governor in his parting speech has accused the FM that the RBI is not allowed to act freely. Hence the issue. He even says that if FM wants to walk alone, let him but he should not blame RBI.

http://www.dnaindia.com/money/1881782/report-walk-alone-if-you-must-but-don-t-blame-rbi-subbarao-tells-fm-in-parting-speech


Subba Rao who is going to retire soon blamed the government's " Loose fiscal stance" for the current economic woes and warned that the root cause of Rupee fall is "Domestic structural factors."

And , PM in today's speech in the parliament attributes the reasons for the fall of Rupee to mostly external factors.
Its the beginning of the Passing of the buck. Let's all wait for more interesting Buck passing stories.


Yes. P.M. has stated that rupee has overshot itself. Growth will help restore stability. .

http://profit.ndtv.com/news/economy/article-prime-minister-reiterates-rupee-has-overshot-says-economic-growth-will-help-restore-stability-326496

G. K. Ajmani Tax consultant
http://gkajmani-mystraythoughts.blogspot.com/

Now the RBI governor in his parting speech has accused the FM that the RBI is not allowed to act freely. Hence the issue. He even says that if FM wants to walk alone, let him but he should not blame RBI.

http://www.dnaindia.com/money/1881782/report-walk-alone-if-you-must-but-don-t-blame-rbi-subbarao-tells-fm-in-parting-speech


Subba Rao who is going to retire soon blamed the government's " Loose fiscal stance" for the current economic woes and warned that the root cause of Rupee fall is "Domestic structural factors."

And , PM in today's speech in the parliament attributes the reasons for the fall of Rupee to mostly external factors.
Its the beginning of the Passing of the buck. Let's all wait for more interesting Buck passing stories.


Nothing much cn be expected from the FM and Pm since they have failed miserably but try to act as if everything is under control, what a farce this government is ...Finally now our PM has decided to open his mouth to say that he is not to be blamed but someone or something else...

Pay no mind to those who talk behind your back, it simply means that you are two steps ahead !!!

Now the RBI governor in his parting speech has accused the FM that the RBI is not allowed to act freely. Hence the issue. He even says that if FM wants to walk alone, let him but he should not blame RBI.

http://www.dnaindia.com/money/1881782/report-walk-alone-if-you-must-but-don-t-blame-rbi-subbarao-tells-fm-in-parting-speech


Subba Rao who is going to retire soon blamed the government's " Loose fiscal stance" for the current economic woes and warned that the root cause of Rupee fall is "Domestic structural factors."

And , PM in today's speech in the parliament attributes the reasons for the fall of Rupee to mostly external factors.
Its the beginning of the Passing of the buck. Let's all wait for more interesting Buck passing stories.


Nothing much cn be expected from the FM and Pm since they have failed miserably but try to act as if everything is under control, what a farce this government is ...Finally now our PM has decided to open his mouth to say that he is not to be blamed but someone or something else...


I can't understand why some people idly fascinate themselves with this so-called 'Growth Theory'! How growth alone can ensure economic, social stability in India. In fact, two celebrated economists have crossed swords on this issue, while Amartya Sen argues a semblance of social justice must take precedence over leaving market forces to drive growth in India which Mr Bhagwati staunchly supports. I too feel our PM is fundamentally erroneous and flawed in his conviction that growth alone can take care of these social issues. The average lot of an Indian has not improved in the least even we were clocking in a growth rate above 8%. It has been statistically proved that the rich grew richer and the poor grew poorer during this period. How do you say, our Hon'ble PM??
Now the RBI governor in his parting speech has accused the FM that the RBI is not allowed to act freely. Hence the issue. He even says that if FM wants to walk alone, let him but he should not blame RBI.

http://www.dnaindia.com/money/1881782/report-walk-alone-if-you-must-but-don-t-blame-rbi-subbarao-tells-fm-in-parting-speech


Subba Rao who is going to retire soon blamed the government's " Loose fiscal stance" for the current economic woes and warned that the root cause of Rupee fall is "Domestic structural factors."

And , PM in today's speech in the parliament attributes the reasons for the fall of Rupee to mostly external factors.
Its the beginning of the Passing of the buck. Let's all wait for more interesting Buck passing stories.


Nothing much cn be expected from the FM and Pm since they have failed miserably but try to act as if everything is under control, what a farce this government is ...Finally now our PM has decided to open his mouth to say that he is not to be blamed but someone or something else...


I can't understand why some people idly fascinate themselves with this so-called 'Growth Theory'! How growth alone can ensure economic, social stability in India. In fact, two celebrated economists have crossed swords on this issue, while Amartya Sen argues a semblance of social justice must take precedence over leaving market forces to drive growth in India which Mr Bhagwati staunchly supports. I too feel our PM is fundamentally erroneous and flawed in his conviction that growth alone can take care of these social issues. The average lot of an Indian has not improved in the least even we were clocking in a growth rate above 8%. It has been statistically proved that the rich grew richer and the poor grew poorer during this period. How do you say, our Hon'ble PM??


Obviously the benefit of growth going only to super rich makes no sense to masses below poverty lines. They have to depend on gimmicks like food security and MANERGA.

G. K. Ajmani Tax consultant
http://gkajmani-mystraythoughts.blogspot.com/

Indian Rupee is rising for the past two days.Today, rupee takes value of 65.70.
Rupee Value
Slight fluctuations are there in the forex market but generally speaking Rupee is very unsteady and Oms speech is not going to do anything much for its stability...

Pay no mind to those who talk behind your back, it simply means that you are two steps ahead !!!

Slight fluctuations are there in the forex market but generally speaking Rupee is very unsteady and Oms speech is not going to do anything much for its stability...


Look none of the forces which dragged rupee down don't give a damn to what Manmohan Singh achieved academically rather these are shocked at his surrender to his political and personal ambition ignoring all economic logic which he subscribed to before he became PM courtesy Sonia Gandhi. That's why I call him immoral!!!
Thank you said by: usha manohar
Slight fluctuations are there in the forex market but generally speaking Rupee is very unsteady and Oms speech is not going to do anything much for its stability...


But I think its after his speech only rupee started gaining some momentum..

Life is a box of Chocolate, You never know what you gonna get.... :)
www.InstantKhichri.blogspot.in
Thank you said by: Gulshan Kumar Ajmani
Slight fluctuations are there in the forex market but generally speaking Rupee is very unsteady and Oms speech is not going to do anything much for its stability...


But I think its after his speech only rupee started gaining some momentum..


That's an accidental coincidence. If speeches can lift the value of Rupee, our Rupee could have fetched $ 70 long ago.
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