the most stupid thing our politicians can think is womans reservation. there are enough woman in the parliament. cant they think for woman and make the policies. indira gandhi was woman and ruled india so long. tomorrow doctors will say make a 5% quota as health system needs reforms. dalits, muslims, farmers, everyone complains that give us reservation so that ours plea will be listened. why cant even a single MP can represent the issue and the whole parliament can discuss it without a bias. to me womans reservation is another eye wash. i invite all womans organizations to ask the present MP`s to work on their demands. see we will not need any type of quota anywhere. ...

yes it is right..issue has to be resolved soon... these people point out and judge companies on the fly, and forget their own company`s website status......

yes v1948, it is a software glitch.... or bug here.. no incrementing since quite a few days....

if you remember the curse of nile, plague collera and small pox. where was your ayurveda. at least be thankful to the allopathy that its saving millions of life. vaccination is nowhere a concept in ayurveda. i hate those hypocrites who run to allopath on each fever and come and write hate msg rest of their life. do not mix yoga, exercise, meditation with ayurveda. each one of them is different. for most of the people the yoga is ayurveda, pity on them. ...

Dear All, Its ShoCkInG!!!! Today my Stock Idea message on Century Ply got vanished/deleted from the message board.....its Disgusting....Why so happened?????? Today morning I posted a Stock Idea call on Century Ply and the message was@ STOCK IDEA@ CENTURY PLY LOOKS GOOD ONLY ABOVE 55 FOR A TARGET OF UPTO 59-61. AVOID ANY LONG BELOW 55. After an hour or so the Target got HIT where it hits a high of 59.40 from the odd 55 levels. How can they remove my message from the message board?? Its SHAMEFUL on the part of message board management!!! Its an UGLY act afterall!!! Kind Regards, Manish Bothra, Kolkata. ...

Dear All, My Stock Idea message on Century Ply got vanished/deleted from the message board.....its Disgusting....Why so happened?????? Today morning I posted a stock idea call on Century ply and the message was@ STOCK IDEA@ CENTURY PLY LOOKS GOOD ONLY ABOVE 55 FOR A TARGET OF UPTO 59-61. AVOID ANY LONG BELOW 55. After an hour or so the Target got HIT where it hits a high of 59.40 from the odd 55 levels. How can they remove my message from the message board?? Its SHAMEFUL on the part of message board management!!! Its an UGLY act afterall!!! Kind Regards, Manish Bothra, Money_Mystery, Kolkata. ...

vuppalaji, Government does not select 100 days. Worker can select himself. However the work is hard like road making digging trenches etc. Yes no one wants hard work. In agriculture whole family is working and earning so much that they do not want hard work for rest of the months. Now a days agriculture is not a hard work. Fields are prepared with help of Tractors. Workers have to irrigate the fields, take out the weeds,spray insecticides and cut the harvest. Because of commercial crops like sugarcane , fruits like banana, grapes round the year work is available. No shortage of work for uneducated persons ready to undertake physical work. Only middle class educated person has the fear of unemployment. Above is the example of villages. As far cities I want to know are you getting maid servants for house hold work? person willing to do any sort of work is not unemployed and not below poverty line....

Dear chokksin
Even USA is taking so many Ideas from our people in USA and we are model employees and leaders in many US firms.

Africa too is recognizing that FACT....

Dear Chokksin,
RJD chief, is a specimen unto himself. Incomparable for his views.

These reservations for women apart, what I personally feel is -
(1) There must be an educational qualification for Members of Parliament.

(2) It must be POST GRADUATION or more ( or professional Qualification like Engg, MBBS etc)).

(3) They must also pass an exam conducted on CONSTITUTION OF INDIA, basic laws, federal structure, India`s resources and problems and foreign policy.

(4) Without these Basic requirements for MPs, whoever comes to Parliament, whether is Lalu or it is Rabri - all Indians stand condemned to increasing poverty, and negative growth....

Dear chokksin,

I wish scientists and others must go on providing more and more reasons for drinking fresh filter coffee and fresh Assam / Darjeeling Tea - and how to make it better and better and healthier and healthier.
Harmless, non-addictive drinks which make people think better!!
...

Dear pranky & other boarders,

One thing I am happy of is - whoever ones, in IPL,INDIA WINS.

And whoever wins, we will all know who the BEST OF INDIA ARE - be they, in different parts of India and different teams of India - no problem....

Dear mohankumar1000
very True.
We can spend any moment of our Life only once.

Life has so many interesting facets.

For instance, Life itself is not our choice.

But, LIVING is.

Jonathan Swift says ,"May you live all the days of your life!" That is such a beautiful thought.

SPENDING LIFE is a different thing compared to LIVING OUR LIFE.

And then, some one says that the ART OF LIVING is entirely different from the art of MAKING A LIVING. Making a living - even an ant does. But Living, only a human can.

When we leave Life, we must leave it with FULL SATISFACTION and NO REGRETS. ...

Dear tara23
Are your messages getting incremented in number at various places in MMB?...

Looks really Funny. Why should such messages get deleted..or,anything wrong with the web site software???
Some time ago, some boarders had complained that the number of messages posted by them is not getting incremented in their home page.
Ditto with mine. I checked up under other heads (other than home page).There also now, it is STATIC and unmoving.
MMB should take a quick and serious look at such software glitches. Usually, they can spread problems to other areas too. before that, MMB is requested to please look into the issue....

Dear dbd

My own observations and feelings are -
(a) Many ( But not all) of our DIIs and MFs go more by the glamour of the stock and less by its fundamentals.

(b) Also, to me, they seem to be LAZY buyers and HASTY sellers. Many of them buy only when FIIs complete their Buying and announce their reasoning for Buying. They tend to sell, the moment any unusual selling is noticed. Barring a few MFs, many don`t seem to make any great home work.

(c) They mostly concentrate on NIFTY BIGGIES and other very big glamour stocks - say, SAFE STOCKS - and drive up their prices very high. Some have P/Es as much as 50,60 and even more, for this reason, which, in my personal opinion, is meaningless. But, some other better, faster growing stocks are available at P/E of 10 to 20. But our MFs don`t notice at all.

(d) There is some aversion for PSU stocks in our country. But, in reality, our PSU Banking stocks are the most stable in the whole world.Last year, their well demonstrated stability improved their valuations slightly, but not to the desired extent. Now also, many US banks are failing - but our PSBs are displaying EXCELLENT STRENGTH. Dividend wise or security wise, PSBs are excellent and deserve much better valuations.ANDHRA BANK and many other PSBs have excellent fundamentals. But, I do not think many of our MF Managers have made any hard calculations on what returns they can give to their own investors if they invest in say ANDHRA BANK or any excellent PSB.
A Diamond is on the road. Some don`t know it is a diamond. Some are afraid of picking it up. Some are waiting for others to take first lead. It is like that - of course, it is my personal opinion, based on my experience. But soon, the diamonds will have to get noticed.
...

I am reproducing below an extract of ET dt 11.03.10."The Finance Ministry, led by Pranab Mukherjee has made a bold assertion: India could soon overtake China`s growth rates.

"It is possible for India to move into double-digit growth and even become the fastest growing economy in the world within next four years,`` the Ministry said in February.
The catch: bridging the chasm between the possible and the probable.

Given the growing productivity of Indian workers and large working age population, it`s certainly possible.

But in practice, overtaking China would require fundamental changes in the way India does business. Creaking or nonexistent infrastructure and cumbersome government bureaucracy are drags and the bureaucratic and political hindrances that make it hard to execute even the best-laid plans will not be removed soon.

So far, the economic makeover has worsened income inequality in India, and despite five years of near nine percent growth, over 450 million people struggle by on less than $1.25 a day.

But higher levels of business investment in the past decade have raised profits and wages and in turn produced a large pool of corporate and household savings that was unimaginable in India 10 years ago.

"The productive capacity of the economy has gone up,`` said former IMF economist Renu Kohli. "as far as implementation and execution of projects and policies is, India is a slow mover. It doesn`t move at the speed China does.``

Financing isn`t the problem, nor lack of good ideas, she said. ``The constraint lies in procedural issues, land acquisition and the capacity of even private participants to execute those projects without delays,`` she said.

India`s top spending priorities in the budget, released on February 26, are social programs and infrastructure. Next fiscal year, government plans to spend 1.37 trillion rupees ($30 billion) on social programs and 1.7 trillion rupees ($37.9 billion) on infrastructure.

The mix reflects the ruling Congress`s approach _ ramp up economic growth with pro-market policies and then redistribute the spoils through a massive hodgepodge of social spending, subsidies and employment guarantee programs.

To sustain growth in the long-run, the nation must do a better job of enriching millions of people at bottom of the heap.

India`s fortunes are linked to the rural economy. Putting more money in the hands of the poor and near-poor has helped bolster domestic demand.

Unless rural incomes rise, India could face a bottleneck in domestic demand.

"Sixty percent of our population is still working in agriculture," ``Even the corporate sector is now saying that for growth what you require is growth at the bottom because that`s your market.``

Giving farmers a more certain future as India`s economy industrializes could also speed progress. "

MY COMMENTS : Who knows!! Our non-politician PM + FM + HM may very well make it possible! They only need to find a way to make at least the congress ruled states respond to their suggestions. Our private sector is moving FAST - and may move FASTER!! And, it is quite possible - that we, the boarders here, will also be great beneficiaries, if we play our part well....

Today`s Business Line has reported that -
"Foreign institutional investors have put in more than Rs 10,000 crore in the equity markets since the Budget (on February 26).

March inflows formed the bulk of this year`s FII investments of Rs 10,959 crore or $2.41 billion. FIIs were net buyers of equities worth Rs 10,180 crore in the secondary and primary markets.

Foreign investors have welcomed the road map announced in the Budget to bring down the fiscal deficit from above 6 % to 4.8 % in FY12 and to 4.1 % by FY13.

A Citi India report received on Wednesday predicted higher growth rate on account of improving fundamentals and the Government`s policy measures. “Given receding headwinds to consumption, investments and outsourcing, coupled with Government initiatives on inclusive growth, we believe India has the potential to move back to the 8-9 per cent growth path,” said Ms Rohini Malkani, Economist, Citi India.

FIIs purchased equities worth Rs 8,488.50 crore on the stock exchanges while the remaining investments worth Rs 2,042.30 crore were in the primary market.

Primary market inflows are likely to remain robust for some time with a number of public issues in the pipeline.

The public issues that have hit the market after the Budget include DQ Entertainment and the NMDC follow-on public offer. There is dollar inflow for the NMDC follow-on public issue, a foreign exchange dealer said.

In Tuesday`s trading, net FII investment swelled to Rs 1,691.60 crore, thanks to a huge chunk of Tata Motors shares being sold on the exchanges. Citigroup Global Markets Mauritius bought Tata Motors shares worth Rs 350 crore on the BSE.

There have been some notable exits too in the last few days. Independent News Media sold Jagran Prakashan shares worth over Rs 122 crore.

FIIs have been entering the market at attractive price levels, thanks to domestic, institutional and retail investors booking profits when the Sensex and Nifty have gained more than 100 per cent from the lows touched in March 2009.

In the current month, domestic institutional investors have net sold equities worth Rs 3,576 crore as on March 10. Mutual funds alone sold shares worth Rs 1176.19 crore as on March 8, according to the SEBI data.

Retail investors too have exited the market with a large sum of money. On the BSE, clients net sold shares worth Rs 2,318.84 crore in March."

MY COMMENTS : With US economy reverting to growth path and Indian economy showing very strong signs of growth in GDP and IIP indices etc, month after month - Indian Market has become very attractive for FIIs. We will need to watch the results season in April - when, FIIs may also watch, analyze and jump in to BUY the best performing companies in several sectors. ...

A report in the BUSINESSLINE today features the implications of the MOU being signed by NSE with CME (Chicago Mercantile Exchange)as below :

"Indian investors will soon be able to take an exposure to the US equity markets on NSE via rupee-denominated futures contracts based on popular global indices – S&P 500 and Dow Jones Industrial Average (DJIA).

Similarly, US investors too will be able to take an exposure to the Indian market via dollar-denominated futures contracts based on the S&P CNX Nifty Index on the Chicago Mercantile Exchange (CME).

This will be possible as India`s largest stock exchange, NSE, and US-based Chicago Mercantile Exchange on Wednesday entered into a memorandum of understanding (MoU) for cross-listing arrangements. “Investors in India will have access to new exchange traded products that reflect some of the world`s most widely traded equity indices. This will improve portfolio choice for Indian investors by widening the array of assets that they can hold in their portfolios,” said Mr Ravi Narain, MD & CEO, NSE.

According to Mr Craig Donohue, CEO, CME group, “Our partnership with NSE will expand our customers` access to the most actively traded foreign markets, while also increasing access for global investors from within these regions to CME Group`s products and services.”

“Today`s agreement with NSE is a significant milestone in the integration of Indian capital markets with global markets. It represents the first time that Indian investors will be able to directly trade the US equity markets as defined by the S&P 500,” said Ms Roopa Kudva, Region Head, South Asia, Standard & Poor`s.

Meanwhile, NSE and Singapore Stock Exchange (SGX) have signed a MoU to co-operate in the development of a market for India-linked products. Under the MoU, both exchanges aim to explore future collaboration in the expansion, development and promotion of India-linked products and services to be listed on SGX. Subject to regulatory approval, these products may include equity products and other asset classes.

These two exchanges will also look into a bilateral securities trading link to enable investors in one country to seamlessly trade on the other country`s exchange.

Now traders fear that this move would pave way for round-the-clock trading, as CME operates from about 7 p.m. IST to 1 a.m. (It has different trading hours for different commodities, however, trading for most of them starts around 7 p.m. IST).

“The early opening already affected our routine such as walking, reading newspapers and dropping kids to school, as we have to be in the office at least from 8.30 a.m. to 4.30 p.m., to handle non-trading works,” said Mumbai-based broker, who has both BSE and NSE licence.

Meanwhile, NSE and SGX have signed a MoU to explore future collaboration in the expansion, development and promotion of India-linked products and services to be listed on SGX. “Subject to regulatory approval, these products may include equity products and other asset classes,” the NSE said in a press release. SGX said it expects to offer options on Nifty and related products in the coming year."

MY COMMENTS : This will steadily GLOBALIZE our investments and trading. The implications for personal life patterns will of course be highly DISRUPTIVE - you will have to keep awake at dead of the night for one exchange and early morning for another and daytime for our own - if you want to have a widely diversified portfolio / trading practice. Also, we need to know the whole world much better than at present. Instead of FIIs supporting NSE, we may be supporting the CME. Lots of changes are likely!...

Dear chokksin

Reservations for women can do India some good. Where men failed utterly, women may infuse some SANITY into the system.

But, this is possible - subject to some IFs and BUTs only.

(i) World over, within India and outside, many women in power were and are much more like DICTATORS and much less DEMOCRATIC compared to Males in similar Positions. The proportion of such dictator like women as compared to men is disquietingly high. Some women seem to become POWER DRUNK and highly EGOISTIC more quickly than Males. Of course, there are good, democratic individual women also. So, we need to be very careful to elect good, sombre,logical, humane women, and avoid loud shouting,hatred-spreading, dictator-like women. Humane women, with balanced views, will do our country LOTS of good.

(ii)Reservations tended to divide our country on caste lines, religious lines and so on, instead of uniting us. This one reservation could complete the process - and divide us as MALES VS FEMALES unless we develop strong value systems to keep the Society United and harmonious. All women need to see that unity is in the best interests of everybody. If they do (they may!), our other reservations on caste basis may vanish soon, infusing more unity into us.

(iii) We need very strong MORAL and ETHICAL TEACHING and COACHING (Not religious pl) from 1st standard to college, so that men and women do adhere to certain well set standards of moral and ethical discipline.

Without these requirements, any reservation will degenerate us. ...