Assam Burns


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web2000   
Member since: May 06
Posts: 849
Location:

Post ID: #PID Posted on: 15-08-12 13:47:30

Quote:
Originally posted by ramar2005

On the final day of Baba Ramdev protest , we had BJP and other regional parties like JDU, SP, BSP and TDP showing solidarity to his cause and pledging support against black money. But strangely, Sonia Gandhi rushed towards Assam to tour the affected areas. May be she was promising voter id cards and ration cards to whomever who did not have them and forming her own alliance.



If Baba Ramdev/ Anna party wins and they bring back black money then our Canadian dollar will justify the following equation

1 CAD dollar = 1 Indian paisa

Looks like time to take some risk by investing in Indian rupees.



febpreet   
Member since: Jan 07
Posts: 3252
Location:

Post ID: #PID Posted on: 15-08-12 14:03:26

Keep dreaming web2000. There are too many 'ifs' here.



looklook   
Member since: Jan 10
Posts: 82
Location:

Post ID: #PID Posted on: 15-08-12 17:21:13

Black money Issue is ongoing from years now and in process black may have turned white by now !!!



ashedfc   
Member since: Jun 10
Posts: 2153
Location: GTA

Post ID: #PID Posted on: 15-08-12 17:32:22

Quote:
Originally posted by web2000
1 CAD dollar = 1 Indian paisa

Looks like time to take some risk by investing in Indian rupees.


That might be a bit of overstatement, but Yes, now the pendulum is gradually getting ready to swing in Indian Rupees favor..
Every one has written off India's growth story because India refused to allow FDI in retail, & the GAAR tax proposal, hence FDI hot money flew off bringing a sudden fall in Rupees.
Now that US fiscal cliff is more visible, & institutional investors/pension funds are realizing that the so called safe heaven (US treasuries) is in fact not so safe anymore. The capital which flew off India will come back driving Rupees stronger.. & at the same time India's domestic driven economy has enough resilience to surprise on the positive GDP growth..

Time to load up on Rupees in this opportunity... (but with caution, http://profit.ndtv.com/News/Article/five-reasons-why-indian-rupee-would-continue-to-fall-309318 )



Delhite   
Member since: Nov 04
Posts: 938
Location: Brampton

Post ID: #PID Posted on: 27-05-15 10:34:37

Quote:
Originally posted by ashedfc

Quote:
Originally posted by web2000
1 CAD dollar = 1 Indian paisa

Looks like time to take some risk by investing in Indian rupees.


That might be a bit of overstatement, but Yes, now the pendulum is gradually getting ready to swing in Indian Rupees favor..
Every one has written off India's growth story because India refused to allow FDI in retail, & the GAAR tax proposal, hence FDI hot money flew off bringing a sudden fall in Rupees.
Now that US fiscal cliff is more visible, & institutional investors/pension funds are realizing that the so called safe heaven (US treasuries) is in fact not so safe anymore. The capital which flew off India will come back driving Rupees stronger.. & at the same time India's domestic driven economy has enough resilience to surprise on the positive GDP growth..

Time to load up on Rupees in this opportunity... (but with caution, http://profit.ndtv.com/News/Article/five-reasons-why-indian-rupee-would-continue-to-fall-309318 )



First this guy recommended investing in gold and later gold tumbled down. Later, he recommended loading on Indian Rupees and now Indian Rupees are touching its all-time lows despite ‘Achhe Din’.

There is something wrong.

http://timesofindia.indiatimes.com/business/india-business/Rupee-plunges-to-64-level-against-dollar/articleshow/47444559.cms


-----------------------------------------------------------------
A Delhite in Toronto


Contributors: ramar2005(4) ashedfc(1) meghal(1) Delhite(1) Rajagopal(1) san-hugo(1) web2000(1) febpreet(1) looklook(1)



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