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Showing posts from August, 2016
Moving Markets
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INSPIRATION : ‘A man of freedom who listens to only one voice—his own, with the conviction to prove his contrarian views, a man to whom numbers talk; a man who takes bets on people who make numbers talk. Patience to find, eagerness to execute and conviction to stay—he knows what he knows, and knows nothing beyond, but what he knows is the best that can be known".
KIRLOSIND
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KIRLOSIND (970) - When it was broken 680 in June , it was obvious that it will reach 1010-1020. But avoided, because everyday average volume was three digit figure only. But,today, when i saw the price , WOW ! it is trading at 970. so any time, it going to meet the target of 1010-1020. In this case, Trade may be missed, but hope and confidence about the pattern study and understand the price gained one step more. We have lot of space and lot of opportunities. Learning continue... *** Can see its price performance in the below day chart
NIFTY - stage set for fast and furious move.
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Present movement in the last two months says that stage set for fast and furious move. 8500+ to 8700+ crucial September and October crucial already said : ALERT : After 2007 , continuous 5 months up , now only happened , from March to July 2016. Very crucial stage between 8500+ to 8700+. — Murugavel (@murugavell) July 27, 2016
Urjit Patel 24th Reserve Bank Governor
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Reserve Bank of India Deputy Governor Urjit Patel will be the 24th Governor of RBI and will succeed Raghuram Rajan, who will demit office on September 4. Patel, 52, joined RBI as Deputy Governor on January 11, 2013, and was given a second term in January. As deputy governor, Patel headed the RBI panel to draft the monetary policy report, which became the basis of the ongoing reforms at the apex bank. The Patel committee report also formed the basis of the monetary policy committee, which takes away a lot of powers of RBI and the governor, as also move to create a public debt management agency. Under the independent monetary policy committee, which is being set up, the government will set an inflation target to RBI and the governor will be made answerable to Parliament if he/she fails to contain inflation within target. Prior to his appointment as the deputy governor, Patel was Advisor (Energy & Infrastructure), The Boston Consulting Group. He is a Ph.D. (Economics) from Y
India celebrates 70th Independence Day on 15 August 2016: Here's the history and significance of the day
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India celebrates its 70th Independence Day on 15 August 2016. The country became independent from British colonialism on this day in 1947. The day is celebrated with great fervor across every state of the country, This rare 1947 photograph provided by the Ministry of Defence shows Lord Mountbatten, Edwina Mountbatten and Jawaharlal Nehru at the first Independence Day celebrations in New Delhi. History and significance The history of Indian Independence is laced with the struggle and sacrifice of many leaders and revolutionaries of the country. The story of India's colonisation began with the arrival of the British East India Company to the country in the 1600s. The merchants who came to trade with India soon began to exercise military and administrative control and by 1757, they had huge swathes of the country under them. Resentment against the alien company and its unfair rule over the local populace began to grow and in 1857, the first organised revolt against
Growth rate of 8% for 30 yrs to give India best of world: PM
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Prime Minister Narendra Modi on Saturday (06th Aug.2016) said 8 per cent plus growth over the next 30 years will bring the best of the world to India, even as he lamented being questioned for every "wrong" right from the Panchayat level. Advocating accountability at every level to ensure good governance, he said everyone responsible should be answerable and held accountable. In a democracy, he said, people give the elected government a "five year contract" and if they do not like the performance in the next election the mandate is given to some other political party and hence there was a need for "Our country has always believed that good governance is bad politics. After winning one election, government keeps thinking how to win the next election. They are focused on how to increase political base and ways to get more votes and hence going forward it collapses," he said. Addressing his first townhall, Modi stressed upon the need for providing grie