Real McCoy Posted August 31, 2019 Share Posted August 31, 2019 16 minutes ago, Stan AF said: Jeez, I'm just posting news dude. Maybe you should ask that question to the elected government. Ok give me your opinion on how to fix this situation. Give it a try. Otherwise you are only contributing to the problem. Link to comment Share on other sites More sharing options...
Stan AF Posted August 31, 2019 Share Posted August 31, 2019 Maybe you should ask why the problem came to exist in the first place and what the government is going to do rather harassing me not to post. I'll do what I think is correct. Link to comment Share on other sites More sharing options...
velu Posted August 31, 2019 Share Posted August 31, 2019 33 minutes ago, Stan AF said: Jeez, I'm just posting news dude. Maybe you should ask that question to the elected government. You are posting only livemint articles Most are biased and few are stupid as well Real McCoy, dial_100 and Stan AF 2 1 Link to comment Share on other sites More sharing options...
Stan AF Posted August 31, 2019 Share Posted August 31, 2019 Stop begging for attention in every thread @velu Conduct unbecoming of a man Link to comment Share on other sites More sharing options...
velu Posted August 31, 2019 Share Posted August 31, 2019 9 minutes ago, Stan AF said: Maybe you should ask why the problem came to exist in the first place and what the government is going to do rather harassing me not to post. I'll do what I think is correct. Real McCoy 1 Link to comment Share on other sites More sharing options...
Stan AF Posted August 31, 2019 Share Posted August 31, 2019 3 minutes ago, velu said: You are posting only livemint articles Most are biased and few are stupid as well Yeah. This is a LIE. . Not surprising coming from a dhoni-tard. Link to comment Share on other sites More sharing options...
Stan AF Posted August 31, 2019 Share Posted August 31, 2019 (edited) 10 minutes ago, velu said: Posts will continue. Edited August 31, 2019 by Stan AF velu and The Dark Horse 1 1 Link to comment Share on other sites More sharing options...
Real McCoy Posted August 31, 2019 Share Posted August 31, 2019 18 minutes ago, Stan AF said: Maybe you should ask why the problem came to exist in the first place and what the government is going to do rather harassing me not to post. I'll do what I think is correct. You can post at will. I'm sure mods have allowed it but removed Hindi as a national language thread. I dont know why I'll ask a counter question whether this problem wasn't there during previous regimes by congress. If you think this is harassment, please feel free to report it to mods. Link to comment Share on other sites More sharing options...
Stan AF Posted August 31, 2019 Share Posted August 31, 2019 (edited) 6 minutes ago, Real McCoy said: You can post at will. I'm sure mods have allowed it but removed Hindi as a national language thread. I dont know why I'll ask a counter question whether this problem wasn't there during previous regimes by congress. If you think this is harassment, please feel free to report it to mods. Whoa!! Jesus, take it easy dude. I'm not going to report anyone. Jeez. I was just spit balling. Frankly after WC i got bored and posting mostly only on this thread. In fact it was @velu who tagged me here in this thread first and it started rolling from there. Edited August 31, 2019 by Stan AF Link to comment Share on other sites More sharing options...
Real McCoy Posted August 31, 2019 Share Posted August 31, 2019 (edited) On 8/30/2019 at 10:37 AM, Stan AF said: Gold crosses record ₹40,000-mark as recession fears seep in New Delhi, August 29, 2019 16:40 IST Updated: August 29, 2019 16:40 IST http://www.welcomenri.com/gold/gold50years-history.aspx Quote Year Rate(In INR) 2000 Rs.4400 2001 Rs.4300 2002 Rs.5000 2003 Rs.5700 2004 Rs.5800 2005 Rs.7000 2006 Rs.9000 2007 Rs.10800 2008 Rs.12500 2009 Rs.14500 2010 Rs.18000 2011 Rs.25000 2012 Rs.32000 2013 Rs.33000 2014 Rs.30000 2000 to 2014 Gold Price Chart in India This is the full story. You didn't tell lies. You just didn't post the full truth. Did you post the same news and asked the same questions to the previous governments Edited August 31, 2019 by Real McCoy Link to comment Share on other sites More sharing options...
Stan AF Posted August 31, 2019 Share Posted August 31, 2019 @Real McCoy I can only post the content that is available in the article link. Don't know what else you're expecting. Link to comment Share on other sites More sharing options...
Stan AF Posted August 31, 2019 Share Posted August 31, 2019 Also to the best of my knowledge, gold is considered as a safe haven investment. When no other investment option works people dump money into gold and buy it. Link to comment Share on other sites More sharing options...
Real McCoy Posted August 31, 2019 Share Posted August 31, 2019 Just for the record, I don't believe this government has it to course correct economically. But to post doom and gloom everywhere without offering any solutions for the past however months is Link to comment Share on other sites More sharing options...
Stan AF Posted August 31, 2019 Share Posted August 31, 2019 2 minutes ago, Real McCoy said: Just for the record, I don't believe this government has it to course correct economically. But to post doom and gloom everywhere without offering any solutions for the past however months is Actually the government shot itself on its own foot by demo and a rushed up GST. They have only themselves to blame. I've actually said in an other thread about how US did Quantitative easing to come out of 2008 recession but those are literally outside our scope and powers. EA also said there is no chance of stimulus. Honestly no idea on what they're going to do. Link to comment Share on other sites More sharing options...
G_B_ Posted September 3, 2019 Share Posted September 3, 2019 gold is a global commodity.... reflects global fears on the economic front. Gold in India reflects the global price in USD and the exchange rate of USD to INR. It is used as a hedge or safe investment heaven. Link to comment Share on other sites More sharing options...
randomGuy Posted September 3, 2019 Share Posted September 3, 2019 On 8/31/2019 at 5:44 PM, Stan AF said: Actually the government shot itself on its own foot by demo and a rushed up GST. They have only themselves to blame. I've actually said in an other thread about how US did Quantitative easing to come out of 2008 recession but those are literally outside our scope and powers. EA also said there is no chance of stimulus. Honestly no idea on what they're going to do. In 2013, Raghuram Rajan came and market bounced immediately.... Has anyone watched Nirmala sitharaman press interactions? She is an angry mad lady. @velu why she looks n sounds so angry? Jimmy Cliff 1 Link to comment Share on other sites More sharing options...
Stan AF Posted September 3, 2019 Share Posted September 3, 2019 Investors lose Rs 2.6 lakh cr; Sensex posts worst percentage fall of 2019 Indian market were pulled down by weak global and domestic cues, as bears took control of D-Street after an extended weekend. The Sensex tanked 769 points, or 2.06 percent, its biggest fall since October 2018, wiping out Rs 2.6 lakh crore of investors’ wealth. It was also the worst fall of 2019 for the index in percentage terms. The Sensex closed at 36,562.91, registering its worst drop in terms of points for the first time since July 8, 2019 when it had slipped 792 points to close at 38,720. At the close of the trade, the market capitalisation of BSE-listed companies tumbled from Rs 140.98 lakh crore recorded on August 30 to Rs 138.37 lakh crore. The markets started the week on a negative note led by muted Q1GDP numbers and weak auto sales. The BSE Midcap and Smallcap also closed with losses of 1.7 percent and 1.3 percent, respectively. All the sectoral indices witnessed heavy selling pressure, with consumer durables, metals and banks registering a fall of 2-3 percent. The rupee, too, was hit and slid past Rs 72-a-dollar mark again. “In the near term, weak domestic sentiments and uncertain global cues may continue to have a negative impact on the Indian markets. Hence, we continue to remain cautious until there are meaningful signs of revival in the economy,” Ajit Mishra, Vice President, Research, Religare Broking Ltd, told Moneycontrol. “Further, falling rupee (vs the US dollar) is a key concern which could negatively impact the sentiments. On the global front, trade tension between the US and China is likely to induce volatility across markets.” The final tally: the Sensex down 769 points at 36,562 and the Nifty down 225 points at 10,797. More than 250 stocks hit a fresh 52-week low on the BSE. Godrej Industries, Wockhardt, Canara Bank, KSB Pumps, Omaxe, Jyothy Labs, etc. were among the stocks that were hit. The Nifty PSU Bank saw biggest one-day fall in seven sessions, while the Nifty Bank plunged 603 points to close at 26,824. The fall was led by losses in PNB, ICICI Bank, IndusInd Bank, RBL Bank, Axis Bank, and SBI. The Bank Nifty continued its formation of lower highs - lower lows from past four trading sessions and corrected nearly 600 points to close below 27,000 zones. “Nifty Bank formed a bearish candle on the daily scale as sustained selling pressure is seen throughout the session,” Chandan Taparia, Associate Vice President, Analyst-Derivatives, Motilal Oswal Financial Services, said. “Now, till it holds below 27,250 zones, weakness could be seen towards recent swing low of 26,550 then 26,250 zones while on the upside hurdle is seen at 27,500 levels,” he said. https://www.moneycontrol.com/news/business/markets/investors-lose-rs-2-6-lakh-cr-sensex-posts-worst-percentage-fall-of-2019-4399051.html Link to comment Share on other sites More sharing options...
velu Posted September 3, 2019 Share Posted September 3, 2019 41 minutes ago, randomGuy said: In 2013, Raghuram Rajan came and market bounced immediately.... Has anyone watched Nirmala sitharaman press interactions? She is an angry mad lady. @velu why she looks n sounds so angry? Nope ... When compared to other FMs she regularly interacts with the media .. Everyone in the finance wants government to spend money , but overall current government is bothered abt NPAs than mad lending Link to comment Share on other sites More sharing options...
velu Posted September 3, 2019 Share Posted September 3, 2019 43 minutes ago, Stan AF said: Investors lose Rs 2.6 lakh cr; Sensex posts worst percentage fall of 2019 Indian market were pulled down by weak global and domestic cues, as bears took control of D-Street after an extended weekend. The Sensex tanked 769 points, or 2.06 percent, its biggest fall since October 2018, wiping out Rs 2.6 lakh crore of investors’ wealth. It was also the worst fall of 2019 for the index in percentage terms. The Sensex closed at 36,562.91, registering its worst drop in terms of points for the first time since July 8, 2019 when it had slipped 792 points to close at 38,720. At the close of the trade, the market capitalisation of BSE-listed companies tumbled from Rs 140.98 lakh crore recorded on August 30 to Rs 138.37 lakh crore. The markets started the week on a negative note led by muted Q1GDP numbers and weak auto sales. The BSE Midcap and Smallcap also closed with losses of 1.7 percent and 1.3 percent, respectively. All the sectoral indices witnessed heavy selling pressure, with consumer durables, metals and banks registering a fall of 2-3 percent. The rupee, too, was hit and slid past Rs 72-a-dollar mark again. “In the near term, weak domestic sentiments and uncertain global cues may continue to have a negative impact on the Indian markets. Hence, we continue to remain cautious until there are meaningful signs of revival in the economy,” Ajit Mishra, Vice President, Research, Religare Broking Ltd, told Moneycontrol. “Further, falling rupee (vs the US dollar) is a key concern which could negatively impact the sentiments. On the global front, trade tension between the US and China is likely to induce volatility across markets.” The final tally: the Sensex down 769 points at 36,562 and the Nifty down 225 points at 10,797. More than 250 stocks hit a fresh 52-week low on the BSE. Godrej Industries, Wockhardt, Canara Bank, KSB Pumps, Omaxe, Jyothy Labs, etc. were among the stocks that were hit. The Nifty PSU Bank saw biggest one-day fall in seven sessions, while the Nifty Bank plunged 603 points to close at 26,824. The fall was led by losses in PNB, ICICI Bank, IndusInd Bank, RBL Bank, Axis Bank, and SBI. The Bank Nifty continued its formation of lower highs - lower lows from past four trading sessions and corrected nearly 600 points to close below 27,000 zones. “Nifty Bank formed a bearish candle on the daily scale as sustained selling pressure is seen throughout the session,” Chandan Taparia, Associate Vice President, Analyst-Derivatives, Motilal Oswal Financial Services, said. “Now, till it holds below 27,250 zones, weakness could be seen towards recent swing low of 26,550 then 26,250 zones while on the upside hurdle is seen at 27,500 levels,” he said. https://www.moneycontrol.com/news/business/markets/investors-lose-rs-2-6-lakh-cr-sensex-posts-worst-percentage-fall-of-2019-4399051.html Friday mkt went up and people made 2.3L crores Link to comment Share on other sites More sharing options...
Tibarn Posted September 3, 2019 Share Posted September 3, 2019 https://www.business-standard.com/article/companies/manufacturers-want-to-quit-china-but-neither-vietnam-nor-india-match-up-119082300167_1.html Quote Manufacturers want to quit China, but neither Vietnam nor India match up Quote As a result, a new global manufacturing landscape is starting to take shape, executives say. Production leaving China is getting divvied up among developing countries, with a small portion going to the US on the back of automation. The reordering of supply chains is likely to leave China with a diminished but still significant share of the pie. The creation of new industrial clusters won’t happen overnight. Vietnam offers cheap labor, but its 100-million population is small compared with China’s 1.3 billion, and its roads and ports are already clogged. India has the manpower, but skill levels fall short and government rules are relatively restrictive. “The question everyone is asking is: ‘Where should we go?’ ” said Giang Le, a Singapore-based analyst for strategic consulting firm Control Risks. “The answer is not obvious.” Once in a lifetime opportunity, with Trump's trade war, will be wasted if Modi doesn't take action soon. Read the article for some of the issues that Vietnam has as of now. Link to comment Share on other sites More sharing options...
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