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Thelegend
Moderator Username: Thelegend
Post Number: 15403 Registered: 04-2008
Rating: N/A Votes: 0 (Vote!) | | Posted on Tuesday, May 22, 2012 - 10:28 am: |
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Rupee hits a new low of 55.47 against dollar |
   
Tilak
Side Hero Username: Tilak
Post Number: 3263 Registered: 02-2012 Posted From: 125.22.249.81
Rating: N/A Votes: 0 (Vote!) | | Posted on Tuesday, May 22, 2012 - 01:43 am: |
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Filmbuff:People do realise that the economy is stuck in a rut, there is a steep governance deficit and we seem to be facing a generational decline here.
The moment the govt zeros its spending on non sense like 2 page ads on Rajiv Gandhi in every news paper and 1 hour program on TV, like yesterday, and non productive schemes like MNREGA, this fiscal deficit story ends .. |
   
Mahesh_fan
Side Hero Username: Mahesh_fan
Post Number: 6335 Registered: 09-2010 Posted From: 207.255.30.26
Rating: N/A Votes: 0 (Vote!) | | Posted on Tuesday, May 22, 2012 - 12:49 am: |
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Gandhiguevara:ayyindi guruji...expectaion maximization models use chesi Facebook ki Maximum likelihood estimation vesaanu...exact gaa match ayyindhi...inka koncham tune chesi 2013 end ki market loki 'Bujji 1.0' release chedhaam anukuntunnaa...Robo Chitti type
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Gandhiguevara
Legend Username: Gandhiguevara
Post Number: 30304 Registered: 10-2009 Posted From: 98.198.62.112
Rating: N/A Votes: 0 (Vote!) | | Posted on Tuesday, May 22, 2012 - 12:00 am: |
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Entikaburlu::-) bhojanam ayinda? for taking a name like that, you are living up to that !! howz the job?
ayyindi guruji...expectaion maximization models use chesi Facebook ki Maximum likelihood estimation vesaanu...exact gaa match ayyindhi...inka koncham tune chesi 2013 end ki market loki 'Bujji 1.0' release chedhaam anukuntunnaa...Robo Chitti type |
   
Entikaburlu
Side Hero Username: Entikaburlu
Post Number: 9327 Registered: 07-2011 Posted From: 67.247.83.224
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, May 21, 2012 - 11:54 pm: |
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Gandhiguevara:Sure andi...adhi naa badyatha kudaa...cannot change anything...powers levu but can warn you guys
:-) bhojanam ayinda? for taking a name like that, you are living up to that !! howz the job? All Class Notes -> https://twitter.com/#!/EKSWAcademy all opinions expressed are mine and only mine. not to be attributed to the other IP address sharers, my employer, or any other human, animal, robot or alien. |
   
Gandhiguevara
Legend Username: Gandhiguevara
Post Number: 30303 Registered: 10-2009 Posted From: 98.198.62.112
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, May 21, 2012 - 11:51 pm: |
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Entikaburlu:all clearaa, Gandhi? thanks for keeping an eye out for us. :-)
Sure andi...adhi naa badyatha kudaa...cannot change anything...powers levu but can warn you guys |
   
Entikaburlu
Side Hero Username: Entikaburlu
Post Number: 9326 Registered: 07-2011 Posted From: 67.247.83.224
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, May 21, 2012 - 11:49 pm: |
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Gandhiguevara:2014 varaku emi problem ledhu...every thing is fine
all clearaa, Gandhi? thanks for keeping an eye out for us. :-) All Class Notes -> https://twitter.com/#!/EKSWAcademy all opinions expressed are mine and only mine. not to be attributed to the other IP address sharers, my employer, or any other human, animal, robot or alien. |
   
Entikaburlu
Side Hero Username: Entikaburlu
Post Number: 9325 Registered: 07-2011 Posted From: 67.247.83.224
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, May 21, 2012 - 11:48 pm: |
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Filmbuff:Saying that the gold buying is leading to current account deficits is bullshit. People do realise that the economy is stuck in a rut, there is a steep governance deficit and we seem to be facing a generational decline here. To face up to these circumstances, people are buying gold. Gold is not causing the CAD, it is other way around probably and it only reflects a larger malaise and the economic gloom that we are facing.
well said. ppl get it backwards sometimes. americans buy cars and stocks. indians buy gold. because, they cannot buy stocks or cars. All Class Notes -> https://twitter.com/#!/EKSWAcademy all opinions expressed are mine and only mine. not to be attributed to the other IP address sharers, my employer, or any other human, animal, robot or alien. |
   
Gandhiguevara
Legend Username: Gandhiguevara
Post Number: 30299 Registered: 10-2009 Posted From: 98.198.62.112
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, May 21, 2012 - 11:40 pm: |
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2014 varaku emi problem ledhu...every thing is fine |
   
Filmbuff
Junior Artist Username: Filmbuff
Post Number: 57 Registered: 11-2011 Posted From: 203.83.248.37
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, May 21, 2012 - 11:36 pm: |
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Saying that the gold buying is leading to current account deficits is bullshit. People do realise that the economy is stuck in a rut, there is a steep governance deficit and we seem to be facing a generational decline here. To face up to these circumstances, people are buying gold. Gold is not causing the CAD, it is other way around probably and it only reflects a larger malaise and the economic gloom that we are facing. I had said this in one of my stock market posts a few months back too, that you should not think of entering the Indian markets for some time and this is just coming true. |
   
Entikaburlu
Side Hero Username: Entikaburlu
Post Number: 9323 Registered: 07-2011 Posted From: 67.247.83.224
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, May 21, 2012 - 11:25 pm: |
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Urumi:Elevator going down aithe problem enti ? Appudu anni taggipote anni konukovachuga ?
konukkunte upayogam emiti, avi ika pergaka pothe? when the asset deflation happens, the peoples purchasing power erodes significantly, hence suppresses the demand, exceeds the supply, and the cycle may not start ever again. eg. Japan. keep in mind humans live only a limited life span. if the gld prices go up in 2080, it is no good for most of us. All Class Notes -> https://twitter.com/#!/EKSWAcademy all opinions expressed are mine and only mine. not to be attributed to the other IP address sharers, my employer, or any other human, animal, robot or alien. |
   
Entikaburlu
Side Hero Username: Entikaburlu
Post Number: 9322 Registered: 07-2011 Posted From: 67.247.83.224
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, May 21, 2012 - 11:22 pm: |
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Dreamcatcher:Indians gold buying Etta desaanni sanka nakinchestondo choodandi
dont fall for the arguments of the western economists. they never lived in a country not their own. they never lived as an immigrant, or as a minority religious person, or a country with no stock market or a country with 30% inflation or where there are no banks. what works for america does not work for all other countries. gold is the unofficial central bank in many countries. All Class Notes -> https://twitter.com/#!/EKSWAcademy all opinions expressed are mine and only mine. not to be attributed to the other IP address sharers, my employer, or any other human, animal, robot or alien. |
   
Urumi
Side Hero Username: Urumi
Post Number: 2123 Registered: 12-2011 Posted From: 173.48.193.193
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, May 21, 2012 - 11:20 pm: |
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Entikaburlu:
Elevator going down aithe problem enti ? Appudu anni taggipote anni konukovachuga ? |
   
Entikaburlu
Side Hero Username: Entikaburlu
Post Number: 9321 Registered: 07-2011 Posted From: 67.247.83.224
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, May 21, 2012 - 11:18 pm: |
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Urumi:Dollar konni days perigina parledu kaani, gold maatram padipovaali ani naa korika
edi padali ani koru kokudadu. it is always better to take the elevator going up. if you take the one going down, it may not start up at all. dhakka mukki lesson#1. eg Hyd Real Estate. andaru padaali ani korukunnaru. emi upayogam padina, ika pergakapothe.. All Class Notes -> https://twitter.com/#!/EKSWAcademy all opinions expressed are mine and only mine. not to be attributed to the other IP address sharers, my employer, or any other human, animal, robot or alien. |
   
Urumi
Side Hero Username: Urumi
Post Number: 2121 Registered: 12-2011 Posted From: 173.48.193.193
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, May 21, 2012 - 11:15 pm: |
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Entikaburlu:
Dollar konni days perigina parledu kaani, gold maatram padipovaali ani naa korika  |
   
Entikaburlu
Side Hero Username: Entikaburlu
Post Number: 9318 Registered: 07-2011 Posted From: 67.247.83.224
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, May 21, 2012 - 11:08 pm: |
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Pavala:bolls to entikab and conquas
nenu eppudo cheppanu kadaa.. Andaru Gold padaali ani korukuntuntaru. idee nirvakam. Gold pergite kani USD weak kadu, Rupee pergadu. ayina bayata unnamu manaki enduki badha? Desam lo unnallu petrol rates ki ibbandi padatharu. if you have NRO acct you will feel the pinch. USD strength is unprecedented, It will reverse when it starts hurting the us exports. So much for S&P downgrade. India's fundamentals have weakened quite a bit, Problem is political inaction and opacity. Unless they fix it, rupee will slide further. India is bumbling through scam after scam. not doing much for the business confidence. All Class Notes -> https://twitter.com/#!/EKSWAcademy all opinions expressed are mine and only mine. not to be attributed to the other IP address sharers, my employer, or any other human, animal, robot or alien. |
   
Vjawarrior
Side Hero Username: Vjawarrior
Post Number: 3921 Registered: 02-2011 Posted From: 74.165.44.10
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, May 21, 2012 - 10:57 pm: |
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Dreamcatcher:Indians gold buying Etta desaanni sanka nakinchestondo choodandi
wrong...Gold is the only thts gonna save our country........ "The country’s current account, the difference between the value of its imports and exports of goods, services and financial-transfer payments, is running at a deficit of about 4 percent, largely because of high import bills for oil and gold — India bought 969 metric tons of bullion last year at an overall cost of $48 billion." No not really. When they're running a deficit b/c of gold imports that is a good thing for India. Their paper currency the Rupee, can't possibly compete w/ the value of gold especially in the last ten years when gold went from $250 to over $1500 an ounce. If they based their currency off their current gold stocks the value of that currency would go through the roof. Naakonchem tikkundi...kaani daanikoka lekkundi... |
   
Dreamcatcher
Side Hero Username: Dreamcatcher
Post Number: 2951 Registered: 11-2009 Posted From: 173.66.20.152
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, May 21, 2012 - 10:29 pm: |
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Indians gold buying Etta desaanni sanka nakinchestondo choodandi http://www.washingtonpost.com/world/asia_pacific/indians-aff inity-for-gold-pushing-country-into-debt/2012/05/17/gIQAxsjZ VU_story.html |
   
Filmbuff
Junior Artist Username: Filmbuff
Post Number: 56 Registered: 11-2011 Posted From: 59.92.130.157
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, May 21, 2012 - 10:14 pm: |
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My two bit from my economics knowledge and ground reading - basically our current deficit is at obscene levels right now. Our current deficit has always been bad, but this time it is even more so. Current account deficits need to be balanced by capital account surpluses like FDI, CCDB lo members remittances, FII investments etc. But because of our sanka nakipoyina governance over the past 2-3 years, there is little coming in by way of capital account. So the balance has still to be achieved. And how is that balance achieved is that the rupee depreciates to such a level that the imports are costlier and exports cheaper so that current account deficit reduces. However, unfortunately, just because imports are costlier does not make them optional for IN as most of our imports are on account of oil. So rupee depreciation instead of reducing deficit actually increases deficits. Regarding where can it stop, nobody is sure. Let us be clear, RBI does not have a ton of dollars to prevent the depreciation. It is just throwing good money after bad. Forex reserves thaggi povatam kante vorigedhi emi ledu. Inka enti ante, you really can't pump in dollars (and suck out rupees) without increasing inflation. At the levels of inflation that we are in, we can't afford to increase inflation rates further. Another way to increase forex flows is to increase interest rates so that international funds can come in to take advantage of higher rates. But our interest rates are already high and only recently the RBI has cut them a bit. So malli RBI rates increase chese scope thakkuva. Fundamentally we have been caught in the classic economists' trilemma - in an open economy (which we relatively are) you can't control exchange rate and interest rates at the same time. Something has to give, now it is exchange rate. If we try to control exchange rates, then interest rates might become crazily high. |
   
Conquas
Side Hero Username: Conquas
Post Number: 3269 Registered: 11-2011 Posted From: 99.82.251.78
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, May 21, 2012 - 09:41 pm: |
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Whyme:
duvvuri subbarao gaaru wait chesthu vuntaru.... i think he is still our rbi governor..... if i am not wrong..... hats off to him..... so far... aayane leka pothe.... inka bad postion lo vundedhi country position ani na pragada nammakam....  all opinions expressed here are mine.. |
   
Whyme
Junior Artist Username: Whyme
Post Number: 876 Registered: 09-2009 Posted From: 66.20.189.207
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, May 21, 2012 - 09:35 pm: |
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Conquas:ut.... one thing is sure.... mark my words :-)..... RBI is going to intervene if rupee goes down like this further....
RBI will do that.. indian economy chala sarlu total ga sanka naki pokunda vundataniki timely rbi interventions happened.. anduke aa forex rules antha strict ga pettevoru okappudu |
   
Conquas
Side Hero Username: Conquas
Post Number: 3268 Registered: 11-2011 Posted From: 99.82.251.78
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, May 21, 2012 - 09:27 pm: |
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Pavala:what are the conseq in desham...mee expert opinion ettandehe
na comments ee links lo pettanu.... http://www.chalanachithram.com/cgi-bin/discus/show.cgi?tpc=1 25&post=2829784#POST2829784 konni articles lo chadivaanu.... RBI intevene avuthundhi ani.... ee levels lo vunnappudu..... manam advantage teesukovatam better.... see the chart in the above link.... dollar previous high resistance ni break cheyyataniki chala kasta paduthundhi..... charts and technical analysis ni nammalani ledhu.... but.... there is a chance... dollar will go down soon.... dheenivalla rupee strong avuthundhi ani cheppalemu..... but.... one thing is sure.... mark my words ..... RBI is going to intervene if rupee goes down like this further.... all opinions expressed here are mine.. |
   
Pavala
Hero Username: Pavala
Post Number: 15357 Registered: 02-2008 Posted From: 193.47.71.253
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, May 21, 2012 - 11:02 am: |
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Jackjill:
nee thodu donga inko kurrod true_ind edi? antha kalasi arm pit lickincheyyandi RT,RAM and Pawan andaroo first innings Amitabh ni imitate chesevalle - Gandhiguevera |
   
Jackjill
Side Hero Username: Jackjill
Post Number: 8094 Registered: 03-2008 Posted From: 8.20.184.6
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, May 21, 2012 - 10:39 am: |
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Pavala:nuvvu, mee medhavul entikab, conqu, jack antha kalasi mana economy ni sanka naakinchio kadhaa...chass
shut up uzless, vizag lo nee plots/flats price double ainappudu sankalu guddukunnav?? ee roju maatram complaint chestunnav  |
   
Bunty717
Moderator Username: Bunty717
Post Number: 26605 Registered: 02-2008
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, May 21, 2012 - 10:26 am: |
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Khandada:37 kee ampi oka bulli plot konnan dollar to rupeee periginattu aa plot kooda peraga ledh...sess
anduke nen 70 avute .. malli ampi breakeven chedaam ani planning of US FB lo janalakunde desa bhakti border lo unde jawanlaku kuda undadu ':-D' --SnkrdadaMS
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Bunty717
Moderator Username: Bunty717
Post Number: 26604 Registered: 02-2008
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, May 21, 2012 - 10:25 am: |
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Redbull:2020 lo water bottle 100 rs pettali anta india lo :-)
adi drinking ki.. mari taanam aadali ante eti cheyaali.. FB lo janalakunde desa bhakti border lo unde jawanlaku kuda undadu ':-D' --SnkrdadaMS
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Khandada
Side Hero Username: Khandada
Post Number: 2361 Registered: 10-2008 Posted From: 64.79.135.151
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, May 21, 2012 - 10:25 am: |
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37 kee ampi oka bulli plot konnan dollar to rupeee periginattu aa plot kooda peraga ledh...sess Humpty Dumpty sat on a wall,Humpty Dumpty had a great fall |
   
Redbull
Junior Artist Username: Redbull
Post Number: 899 Registered: 03-2009 Posted From: 195.43.48.145
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, May 21, 2012 - 10:24 am: |
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Pavala:
manaku vunde problems anni inni kaavule...economists control chese range lo levu desam lo problems... ee doller rupee...problems kante..water problems ekkuva avuthaayi india lo... 2020 lo water bottle 100 rs pettali anta india lo thatha kooda eeroju vo story raasadu http://www.eenadu.net/Storiesinner.aspx?qry=htm/story1 |
   
Pavala
Hero Username: Pavala
Post Number: 15356 Registered: 02-2008 Posted From: 193.47.71.253
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, May 21, 2012 - 10:22 am: |
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bunty nuv k muy akada desam sanka lick ayithe nee 70 lolli enti RT,RAM and Pawan andaroo first innings Amitabh ni imitate chesevalle - Gandhiguevera |
   
Bunty717
Moderator Username: Bunty717
Post Number: 26603 Registered: 02-2008
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, May 21, 2012 - 10:21 am: |
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naaku oka 70 avvali or 40 ki padipovaali.. appudu keeka.. ee 50's waste FB lo janalakunde desa bhakti border lo unde jawanlaku kuda undadu ':-D' --SnkrdadaMS
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Pavala
Hero Username: Pavala
Post Number: 15355 Registered: 02-2008 Posted From: 193.47.71.253
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, May 21, 2012 - 10:20 am: |
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redbull nuvvu, mee medhavul entikab, conqu, jack antha kalasi mana economy ni sanka naakinchio kadhaa...chass RT,RAM and Pawan andaroo first innings Amitabh ni imitate chesevalle - Gandhiguevera |
   
Maverick
Legend Username: Maverick
Post Number: 37777 Registered: 01-2008 Posted From: 70.39.231.164
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, May 21, 2012 - 10:19 am: |
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$ rocks Who is this DB member? |
   
Redbull
Junior Artist Username: Redbull
Post Number: 898 Registered: 03-2009 Posted From: 195.43.48.145
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, May 21, 2012 - 10:18 am: |
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Pavala:
Inkaa nee Id pavala pettukunnavaa...quick gaa doller ano leka pound ano change cheseyyi.. Mana economy om namassivaya anukuntunnaaa |
   
Jodhaa
Megastar Username: Jodhaa
Post Number: 21795 Registered: 02-2008 Posted From: 69.174.58.132
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, May 21, 2012 - 08:36 am: |
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Pavala:
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Tilak
Side Hero Username: Tilak
Post Number: 3242 Registered: 02-2012 Posted From: 125.22.249.81
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, May 21, 2012 - 08:27 am: |
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aaal iz well - MMS |
   
Jupiter
Moderator Username: Jupiter
Post Number: 8227 Registered: 05-2011
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, May 21, 2012 - 08:22 am: |
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IT companies are happy ... dil kush ... Maa cinema collection ATHYADHIKA kotlu .. maave genuince collections |
   
Pavala
Hero Username: Pavala
Post Number: 15350 Registered: 02-2008 Posted From: 193.47.71.253
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, May 21, 2012 - 08:21 am: |
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euro ki against ga anna thaggipothundhemo anukunte sanka naakio....dabbul leni time lo ee vaipareethyam ento....bolls to entikab and conquas RT,RAM and Pawan andaroo first innings Amitabh ni imitate chesevalle - Gandhiguevera |
   
Film_fan
Megastar Username: Film_fan
Post Number: 21702 Registered: 03-2008 Posted From: 81.138.131.153
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, May 21, 2012 - 08:18 am: |
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90 vaipu doosuku pothundhi......for pound..... eto ardham kaatledhu We are what we repeatedly do. Excellence, then, is not an act, but a habit. -- Aristotle
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Pavala
Hero Username: Pavala
Post Number: 15349 Registered: 02-2008 Posted From: 193.47.71.253
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, May 21, 2012 - 08:15 am: |
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tamul rupee ni saantham naakinche dhaka nidrapovadam ledhu ga....why this kolaveri da? http://timesofindia.indiatimes.com/business/india-business/R upee-touches-all-time-low-reaches-55-versus-dollar/articlesh ow/13355693.cms what are the conseq in desham...mee expert opinion ettandehe RT,RAM and Pawan andaroo first innings Amitabh ni imitate chesevalle - Gandhiguevera |