Posted in November 2008

panch-tattva talk…heads roll

Friends,   The Home Minister Mr Shivraj Patil has resigned and The Finance Minister has been given charge of Home Affairs ministry. It is good in a way. The non-performing Mr Patil has gone , he hardly had passion or vision to deal with terririst issue and PC will be able to better, only better … Continue reading

panch-tattva talk…have perspective

Friends, The economic malaise emanated from USA and afflicts USA the most but paradoxically the fllowing figures show that it has been least affected in terms of loss in indices: Index / Value(241008) / 1yr Loss BOVESPA. 33818. 46pc (Brazil) SSEC. 1975. 66pc (China) CAC 40. 3310. 43pc (France) DAX. 4519. 43pc (Germany) Hang Sang. 13760. 52pc … Continue reading

panch-tattva talk…in the aftermath

Friends, Mumbai was attacked by terrorists about 59 hrs back at its iconic simbols ie the Taj Hotel,the Oberoi Hotel, the Chhatrapati Shivaji Terminal and a jewish sanctuary. There have been more than 160 deaths, there has been loss of lives of Police Officers and security personnel and there has been a continuous , successful … Continue reading

panch-tattva talk…US auto makers

Friends, The big three US auto-makers have lined up for the bail out by the govt.The tax payers of America are at a loss to understand as why and how the cost of rescue may be borne by them. The importance of the relief requirement may not be questioned at the present juncture but thing … Continue reading

panch-tattva talk…china cuts crr

Friends, China cut the CRR by 100 bps.this is biggest cut in 11 years. The cuts have become order of the day, surprisingly the RBI is not under-taking the next excercise in rate cuts inspite of the ground being ready for it. The home loan interest rates have been reduced by SBI and other banks. … Continue reading

panch-tattva talk…citi gets help

Friends, Citi Bank which has been struggling to manage its difficult times has had a 300 biilion dollar package from the US govt to tide over the instant money cruch. Not ending here, the US govt has further plans up its sleeves to take care of the turmoil in financial markets.Besides, Obama is busy in … Continue reading