Average Brent Crude prices for FY 13 have not been higher than FY12 with average for FY13 at 110.07 $ for Brent Crude and FY 12 average being 113.94 $.
Yet our Trade Deficit has risen not fallen. This despite a weaker Re which should ideally have helped our exporters.
Question arises are we exporting less because of competition? Or are we simply not producing enough of anything to be exporting.
Am disappointed you did not get the key data from 30 years of factual history. No notions needed. Over 40% of all mass shootings were due to mental illness and were random and unpredictable.
That is OK. You are entitled to be selective in your interpretations and for that you do not need data.2 crazy shootings per year on average is indeed abnormal and availability of guns freely to any one is deemed the physical tool helping the mentally ill.But National Rifle Association is more powerful lobby than any other in the US. The Congress is scared of NRA and gun banning is beyond their guts for 200 years.Their reelection is more important to them than being NRA targetted victim!
The “gasping elephant” is how HSBC, the global banking giant, described the state of the Indian economy. The analogy could not have been more apt. It is easy to picture an elephant struggling to pull an ever-increasing load piled on by the country’s cruel political masters. The elephant is now gasping as well as flagging.
The problem is that the elephant’s mahouts are unable to maintain equilibrium between its pulling capacity and its ever-increasing load of budget deficits, subsidies and freebies. The load has been growing faster and faster thanks to the culture of free lunches nurtured by the country’s political leadership.
How freebie culture is killing our economy
Every indication suggests that the elephant is slowing, if not headed for a grinding halt. Latest economic statistics show that the country’s growth rate has plummeted to 5.3 per cent in the quarter January-March 2012, which is the slowest in nine years. http://t.in.com/0yYr
Yeah, looks like coast is clear for jet to fly now. You may want to book profit around 700 and re-enter again when euophoria dies down little.
If deal happens on original valuations, jet will be re-rated can touch 900 in medium term.
Larsen was at Rs.1900.Now to dream about 1500 is a cruel joke and fooling the lay public. I wouldn`t touch any more of it until it enters a more competititve environment, more favorable govt. policy in place and employee rewards in stock options are more measured and long term-not annual.
u may keep all ur technicals in the locker for today. as KK pointed out, today we hvae to play the role of the cheer girls as the pros tke the centre stage.
Sanjayji,
Gold is more volatile than any stocks now a days. Are you noticing that? I`m not trading in it but looks at the price everyday and very interesting fluctuation now.