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, February 16, 2015

India gold prices surge on jewellery demand
MUMBAI, Saturday, February 14, 2015:  Gold prices in top consumer India swung to a premium to the global benchmark this week, compared with discounts late last month, as jewellery demand picked up, dealers said.

Indian gold prices were at a premium of $2-$3 an ounce over the international benchmark and are expected to remain in the same range in the short term, according to trade sources.

Prices were at a discount of up to $16 an ounce last month, due to weak demand and sufficient supply in the market.

'Wedding demand has started picking up at lower prices,' said Narendra Singh, owner of Kiran Jewellers in Jaipur.

'Presently supply is smooth and gold is available as per the requirement but imports may increase in the coming months on increased demand,' he said.

India overtook China as the top gold consumer last year as jewellery demand jumped to a record high, World Gold Council data showed this week.

Gold is a popular gift at weddings in India, and is also bought for auspicious occasions.

Sustained strong demand in the top consumer could support gold prices, currently trading just above five-week lows.

Strong purchases in China ahead of the Lunar New Year holiday next week could also underpin prices, though traders warned that sales were still lower compared to last year.

'Sales of jewellery and small gold bars are good but demand is probably slightly lower than last year's levels,' said a trader at one of the importing banks in China.

Chinese consumers have recently been quite cautious in gold purchases, following record buying in 2013, when prices had slid sharply by 28 per cent. A cautious price outlook and an anti-graft drive have kept some buyers away.

Premiums on the Shanghai Gold Exchange were steady at $3 to $4 an ounce this week. This compares to premiums of about $10 and above ahead of the 2013 new year holiday, which fell on January 31 last year.

'Short-covering may lift gold for the time-being, but post Chinese New Year, we could see gold taking a tumble again,' said Howie Lee, analyst at Phillip Futures. The firm expects gold to test $1,200 an ounce by the end of the first quarter.

Courtesy: Gulf Daily News
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