D.Subba Rao the RBI Governor and Chidambaram seem to have a misunderstanding,as the latter, seems to have ordered the Governor about.The result:-
1.No interest rate cut.
2.This will continue till 2013 beginning.
Conclusion:-
The Stock Markets may be flat or fall,till the YEAR END:-
1.Rail price hike is being contemplated by the new Railway Minister,Bansal.
2.Hurricane sandy seems to have hit refineries in the US and hence Brent Crude price may go up,petroleum products demand may be high.
3.The above two will increase INFLATION.......
THE NEXT RBI QUARTERLY REVIEW 18TH DECEMBER,2012.....
By insisting on rate cut,this government has proven that it cares ONLY for the oligarchs and NOT the people of India.The Central Ministers are too arrogant and lack HR Skills....
Will be updated....
1.No interest rate cut.
2.This will continue till 2013 beginning.
Conclusion:-
The Stock Markets may be flat or fall,till the YEAR END:-
1.Rail price hike is being contemplated by the new Railway Minister,Bansal.
2.Hurricane sandy seems to have hit refineries in the US and hence Brent Crude price may go up,petroleum products demand may be high.
3.The above two will increase INFLATION.......
THE NEXT RBI QUARTERLY REVIEW 18TH DECEMBER,2012.....
By insisting on rate cut,this government has proven that it cares ONLY for the oligarchs and NOT the people of India.The Central Ministers are too arrogant and lack HR Skills....
Will be updated....
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