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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.....👍✌
Tuesday, January 27, 2015
RBI rate cut effect: FIIs pump Rs.21,000 Cr into Indian Markets in January
January 26, 2015: Overseas investors have pumped in a staggering over Rs 21,000 crore in Indian capital markets since the beginning of the month owing to easing inflation and rate cut by the Reserve Bank of India (RBI).
Foreign institutional investors (FIIs) have bought shares worth Rs 5,992 crore ($977 million) until January 23, while bought debt worth Rs 15,336 crore ($2.5 billion) taking the total investment to Rs 21,328 crore ($3.45 billion), latest data with Central Depository Services Ltd (CDSL) showed.
These investors got re-christened as FPIs or foreign portfolio investors last year under a new regulatory regime that promises to make it easier for them to invest in India.
Market analysts attributed the huge inflow to low inflation levels and rate cut by the RBI. The central bank on January 14 surprised market participants with a 25 basis point rate cut.
Besides, foreign investors are betting on Indian capital markets on expectations of more rate cuts by the apex bank.
In 2014, the net investment by overseas investors into the debt markets was Rs 1.16 lakh crore, while in the equities it stood at Rs 98,150 crore. Overall, net investment by foreign investors stood at Rs 2.58 lakh crore in 2014.
Courtesy: First Post