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Mera Bharat Mahaan

  
Economy, Education, LINKS
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sensex16kThe Sensex, the benchmark index of BSE, posted a return of 64% during the first 36 weeks of the current calendar year increasing their kitty by whopping Rs 946,757 cr. Incidentally, this is the highest return during the same period for the last 17 years.

Many hurdles for Wardha’s farmer suicide cases

Farmers grow desperate as India is hit by worst drought since 1972

Drought-hit Indian farmers sell wives to pay debts

Uttar Pradesh Farmers Among Worst Hit by Drought

Dark secrets of Baramati

Drought, debt lead to Indian Farmers’ suicide

India’s Sugar Crop Wilts Amid Drought

Droughtexpands in India, sugar regions hitHunger haunts more than 20% in India, much of Asia: ADB report

 

 

Is India getting poorer?

One Liners

  
Education, Life
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cheeky1) Knowledge is knowing a tomato is a fruit. Wisdom is not putting a tomato in a fruit salad.
2) The early bird might get the worm, but the second mouse gets the cheese.
3) Children: You spend the first two years of their life teaching them how to walk and talk. The next sixteen? Spent telling them to sit down and shut up.
4) He who smiles in a crisis has found someone to blame.
5) My mother never realized the irony in calling me a son-of-a-bitch.
6) Politicians and diapers have one thing in common. They should both be changed regularly, and for the same reason.
7) I thought I wanted a career, turns out I just wanted paychecks. (more…)

Strong Rupee-Any impact ?

  
Analysis, Education, Forex
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https://www.anirudhsethireport.com/inr-looking-strong-against-usd-jpy-gbp/

https://www.anirudhsethireport.com/what-i-forecasted-for-usd-inr-dont-miss-to-read/

 

Dear Traders /Readers ,Just click above links and u will see from what level Iam Bullish in Indian Rupee.

While looking at chart of INR against GBP ,EURO ,USD and JPY -Just thought came in my mind and thinking what will be the impact on Indian Software Companies or any negative impact on results for this quarter ?

-Indian Rupee had appreciated by 9% since Dec’09 against British Pound

-Indian Rupee had appreciated by 9% against Euro

-Indian Rupee had appreciated by 3% against USD since Dec’09

-US Dollar is strong against all world currencies except India

-I Don’t understand when  USD ,GBP ,EURO  were strong against INR…Then results of Indian Software companies were mind blowing and stocks were zooming up up up.

-Now since INR is so strong against all 3 currencies then also no impact on stock price and nobody talking and writing ??

-Apart from Software Companies ,What will be the impact on the companies those exporting in Europe ,UK ,USA ?

Just think it over and if possible comment

Updated at 12:49/28th March/Baroda

Evolutionary Trading

  
  Education
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evolutionary_educationThe problem with “evolutionary trading” is the constant adjusting to the ever changing wind, and, thus, loosing sight of your original port of call. By the time you get to your final destination, you have carved out a new routine.

Knowing exactly, precisley, what your set-ups can deliver, will prevent you from manipulating your original system. This internalization of singular vision, can only come from tirelessly backtesting.

Sarkozy Threatens To Pull France Out Of Euro

  
Analysis, Economy, Education
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If you were wondering why the market is spooked by rumors that Germany may be returning to the DM, here is actual fact that French President is on the verge of reinstating the franc. And with that, the euro is nothing more than a political toy for Merkel, Sarkozy and whoever the current non-indicted head of the Italian government is, to achieve their political goals. The currency is now dead. Parity coming within a few weeks.

From The Guardian:

 
 

The markets were initially unsettled by news that the French president had threatened to pull France out of the eurozone. The startling threat was made at a Brussels summit of EU leaders last Friday, at which the deal to bail out Greece was agreed. according to a report in El País newspaper quoting Spanish Prime Minister José Luis Rodríguez Zapatero.

Zapatero revealed details of the French threat at a closed-doors meeting of leaders from his Spanish socialist party on Wednesday.

Sarkozy demanded “a compromise from everyone to support Greece … or France would reconsider its position in the euro,” according to one source cited by El País.

“Sarkozy went as far as banging his fist on the table and threatening to leave the euro,” said one unnamed Socialist leader who was at the meeting with Zapatero. “That obliged Angela Merkel to bend and reach an agreement.”

A different source who was at the meeting with Zapatero told El País that “France, Italy and Spain formed a common front against German and Sarkozy threatened Merkel with a break in the traditional Franco-German axis.”

El País also quotes Sarkozy as having said, according to another of those who met Zapatero, that “if at time like this, with all that is happening, Europe is not capable of a united response, then the euro makes no sense”.

Well, an epiphany 10 years late is still better than no epiphany. And, of course as many will say, he who panics first, just may salvage something. Which for most American citizens still infatuated with their currency, may mean very bad news.

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