Presidential Elections: Support Dr.Meira Kumar

Bihar and Jharkhand governments have no choice but to support Dr.Meira Kumar. As defeat of "Bihar ki Beti" will invariably bring Shame to the Biharis and Jharkhandis (or erstwhile unified Bihar). Do you think that, people of Bihar will leave Nitish Kumar Scott - free, if Dr.Meira Kumar loses ? So, Nitish Kumar has very little option left but to support, Dr.Meira Kumar.

Moreover, if Nitish Kumar wants to fall in the BJP's well calculated electoral TRAP no one can save him in the next election.

Also, I am surprised to see Mr.Navin Pattanayak, so easily chewing the RSS bait. Orissa is a state, where there is large chunk of Tribal Christian voters loyal to the BJD (Biju Janata Dal). I am still to fathom, BJD's sudden electoral gamble of siding with the RSS and the BJP; when Mr.Pattanayak has been maintaining distance from them since some time.

Besides, the election of Dr.Meira Kumar, who is educated, experienced and very sober, might also correct some of the historical mistakes of not making her father, the Prime Minister of India.

Also, I don't think all the Muslim and Christian MPs and MLAs from the TDP and TRS will ever support a RSS backed Candidate, who acted against Dalit Christian and Muslin reservations. Therefore, invariably cross voting will take place, which might give the underdog, Ms.Kumar, a win. Support Dr.Meira Kumar, give a conscience vote and make her the 2nd Female President of India.

All the best to Dr.Meira Kumar.....👍✌

Monday, October 07, 2013

Select NBFC shares gain on banking license hopes
Shares of select non-banking finance companies (NBFC) that applied for the banking licenses are trading higher by up to 4% in otherwise weak market after Finance Minister P Chidambaram said that the Reserve Bank of India (RBI) would shortly issue seven licenses.

L&T Finance Holdings, Bajaj Finserv, Magma Fincorp, LIC Housing Finance, Muthoot Finance and Srei Infrastructure Finance are up 1-4% on the Bombay Stock Exchange.

The central bank board on Friday named its former deputy governor Usha Thorat, former Securities and Exchange Board of India chairman Chandu Bhave and former ICICI Foundation chairman Nachiket Mor as members of the committee.

The RBI plans to grant license to set up seven new banks after receiving the committee's report in January 2014.

Addressing a function at the State Bank of Mysore, Chidambaram said the new banks should not try to become clones of existing banks, the Business Standard report suggests.

Among the individual stocks, L&T Finance Holdings has rallied 4% to Rs 69.55, followed by Bajaj Finserv and Magma Fincorp are up 3% each at Rs 616 and Rs 64.50 respectively, while Muthoot Finance up 2% at Rs 96.50.

Courtesy: Smart Investor