Thank You…!

Dear Friends, We reach an important milestone of 500 Followers and Facebook “Likes” precisely a week, after we went live..!! Thank you all for your warm support and appreciation. Thanks also to all those who have helped me in building this site and in reaching out to other readers… 🙂 Would like to quote two of … Continue reading Thank You…!
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Reliance Industries, Q 4'16 results..

Reliance Industries has posted another impressive results with 16% growth in consolidated profits for March’16 quarter, even though total income has decline by 11%. The income decline is on account of sharp decline in crude and product prices.However, the company has managed to protect its refining margins. The E & P (classified as Oil & Gas segment), recorded … Continue reading Reliance Industries, Q 4'16 results..
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Reliance Industries, Q 4’16 results..

Reliance Industries has posted another impressive results with 16% growth in consolidated profits for March’16 quarter, even though total income has decline by 11%. The income decline is on account of sharp decline in crude and product prices.However, the company has managed to protect its refining margins. The E & P (classified as Oil & Gas segment), recorded … Continue reading Reliance Industries, Q 4’16 results..
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Weekly Round Up – Week 16

Major Events – IT Big 3 declare their results. (Infosys had declared previous week). TCS declared a better than expected profit growth of 64% for the quarter, whereas for Infosys, it was decent growth of 16%. Further, TCS and Infosys have projected strong outlook for FY17. However, Wipro recorded a modest growth of 2% (Operating … Continue reading Weekly Round Up – Week 16
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सोना मुद्रीकरण योजना… (भाग 2)

ग्राहक को जमा करने की समय समय अवधि बतानी होगी. लंबी अवधि के लिए जमा करने पर ब्याज दर ज्यादा मिलेगा। वापसी के समय ग्राहक को सोना वापस मिल जाएगा और ब्याज की राशि नकद या सोने का भुगतान किया जा सकता है।योजना से प्राप्त हुए सोने को बैंक एमएमटीसी या किसी अन्य जौहरी को … Continue reading सोना मुद्रीकरण योजना… (भाग 2)
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Gold Monetisation Scheme.. (Part II)

The customer has to specify the time period at the time of depositing with the deposit fetching higher rate for longer term deposit. At the time of withdrawal, the customer shall get back the same amount of gold and the interest amount may be paid in cash or gold. Gold received through the scheme can, then … Continue reading Gold Monetisation Scheme.. (Part II)
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In Defense of Dr Rajan…!

It’s rather funny how words or phrases which essentially, are said in jest, get ballooned into controversy if said by the top leaders.  The “Andhon Me Kana Raja” phrase used by Dr Rajan is haunting the RBI Guv. To be honest, yes, the English translation, “one-eyed king in the land of the blind” does sound awkward. … Continue reading In Defense of Dr Rajan…!
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सोना मुद्रीकरण योजना… (भाग 1)

(On suggestion from certain quarters, based on the relevance of subject..) कल्पना कीजिये कि एक ग्राम सोना बाजार में एक हज़ार रुपए के नोट के रूप में आसानी से आदान-प्रदान किया जा रहा है। चूंकि नोट आसानी से उपलब्ध है और आसानी से अदला बदली की जा सकती है, वहाँ भविष्य की जरूरतों के लिए या इसकी कीमत के बढ़  जाने … Continue reading सोना मुद्रीकरण योजना… (भाग 1)
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Gold Monetisation Scheme – Another feather in the cap.. (Part I)

Imagine each gram of gold floating around in the market as one thousand rupee note and being exchanged as easily as the note. Since the note is easily available and easily tradeable, there is no incentive to build up an inventory for future needs or for fear of its price going up, unless the notes … Continue reading Gold Monetisation Scheme – Another feather in the cap.. (Part I)
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Supreme Court fines petitioners for waste of Court's time…

In an important judgement, Honourable Supreme Court has imposed a fine of Rs 25 lakh each on all the three parties in a corporate case dating back to 1998. The case is about a share purchase & cooperation agreement entered into by Messer Griesham GmbH, a German Company and an Indian company called Goyal Gases Ltd and … Continue reading Supreme Court fines petitioners for waste of Court's time…
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