THE BYSTANDER

The serial blasts that rocked places in two consecutive days, first it was in Bangalore, next Ahmadabad was the target in India shows that the terrorists are hyper active in more or less any part of India. The lives lost in the blasts, were of innocent civilians, passersby, all were ordinary citizens. The whole world expressed the sympathy and anger against such heinous acts. But the lives lost will permanently damage the prospects of those families whom they belonged to. The vacuum created by the blast victims, none can make up. With the passage of time, it will be mentioned as another terrorist attacks. The terrorists are no different people than their victims. The only difference is what they are paid for planting the explosive. Obviously the front liners in the terrorism are ignorant enough to comprehend any ideology. It is the small bucks what they get, doing such acts, matters. It is their sole point of consideration. So far the most of the people convicted for such acts confirms...

THE ONLOOKER: Global Stock Markets; the difference

Sooner the political uncertainty is over; stock indices looking upward, the bulls are back in Indian burses. The FIIs are watching the situation with caution. The macroeconomic condition is still not bright, global crude oil price; reduced corporate earnings, inflationary pressure and rising trend of interest rates are the factors bothering them. It is reported this year FIIs till date have been net sellers amounting $7 billion dollars (Rs 27614.20 crores). However, the stability of government ushers a strong hope for going ahead firmly with more economic reforms. Institutional investors domestic as well as international all are expecting in the same line. It is reported again that Institutional investors invested in gold and companies associated with it have shown good returns. Though the near term sustainability is uncertain but long term trend of their investment is bullish. General public or investors in general may wait for number of Public Sector Undertaking issues in the pipeli...

The recent summit of G8 in Hokkaido, Japan is drawing lots of attention world over. G8 is the world elite nation`s club, naturally US being the top dog of it. The summit is currently drawing out the plan to control world`s carbon emission and charting a plan extending up to 2050 A.D. The most develop countries of the world must have say on these issues. After all they consume more, emit more carbon in the atmosphere; so they must ensure other do not follow their suit to further pollute the planet earth. Wise thoughts! No doubt. But 2050A.D is still far off. I doubt by the time we complete half of the current century (though many of us will not be here to witness!), this G8`s program will become irrelevant. Not that I am a soothsayer, Mr., Jim O`Neill, the chief economist of Goldman Sachs has drawn a future economical map of the world that spells so. According to him Brazil, Russia, India and China; these four emerging economy, acronym given to them is Bric, are all the way likely to o...

Indian burses are yet to be stabilized. Though national political unstable conditions arisen due to ‘nuke’ deal is apparently averted. Still bears are too strong. The inflationary trend is still exerting upward thrust, last Govt. admitted that its hovering around 11.63%, highest for last 13 years. Bank rate is increased for both; deposit and credit. Industrial growth is likely to suffer, since debt is costlier and market is favorable for raising funds. Silver lining is the monsoon; it seems to have arrived in time and dose is normal. So, inflationary pressure is likely to be curbed provided harvest is good. But, how about the burses, have them to wait till things look up! The small investors have abandoned the market, the institutions are sitting on the pile of cash; the FIIs are dumping their holding with every opportunity and withdrawing their funds to be utilized at their own country or for oil speculations. If it continues further (and very likely to), the share indices will dip ...