We are what we are !!

 It looks like Corporate War fought through Proxies- what is visible is Supreme Court being egged on by Advocates and Lawyers like Prashant Bushan to go against SEBI(a Government arm).but men behind it are with deep pockets of short selling and international funding, who wanted to sabotage the dreams of retail investors and small investors of LIC& PSU banks etc. by hurting the business group of Adani. Ingenious game of Cloaks & Daggers- all in the name of election funding of Modi &BJP through the so-called "tainted money" by Adani. Smoke screen tactics and optics to divert the issue as an international fraud and financial malfeasance by planting motivated reports in foreign press and newspapers through NGOs OCCRP and the hit and run job of Hindenburg for the benefit of a Short-selling syndicate remote controlled by big foreign political & financial manipulators! Finally Supreme Court had to appoint a Committee of eminent professionals and jurists who in their ...

 IMHO, Supreme Court is Supreme and no Court can deny this- let alone a humble citizen like me! But without contempt and malice for the Supreme Court, I want to submit few points of view on the latest judgment of Supreme Court on the role of Governors. 1) SC has stated the obvious- Governors are not elected but titular heads of States. 2)They cannot sit tight on the legislation passed by Legislature indefinitely. 3)They will have to function in harmony with the State CM and his Cabinet. 4)they will have to abide by Article 200 of the Constitution of India. Nothing stated above are any new findings but simple platitudes repeatedly told to Governors. However the larger question of how can a State Legislature pass a bill which calls for replacing Governor by State CM for appointing Vice-Chancellers of Universities and expect Governor to give his assent to such a bill- the simple question as to how a Governor or for that matter, a CM be a judge in his own cause. Is there not a inbuilt ...

  India's trade deficit widened to a record high of $31.46 billion in October 2023, according to data released by the Ministry of Commerce and Industry. This was significantly higher than the $19.37 billion deficit in September 2023 and the $20.50 billion that economists had forecast. (all the above figs in US $ Billions) The widening trade deficit was mainly due to a sharp increase in imports, which grew by 26.2% year-on-year to $54.54 billion. This was driven by higher imports of crude oil, gold, and electronic goods. Exports, on the other hand, grew by a more modest 5.4% to $23.08 billion. (Imports Figs above are in US $ Billions) (the above Exports Figs in US $ Billions) The widening trade deficit is a concern for the Indian economy as it puts pressure on the rupee and could lead to higher inflation. The government has announced a number of measures to boost exports, but in view of dampening Global Trade volumes which are exacerbated by wars in Europe and Middle East theaters ,...

 O ne of the thoughts that crossed my mind on our Dvaita, advaita and visishtadvaita ,I wanted to share- all based on veda vakyas as pramanam- all true depending on our mental perceptions/conditions of mind- it is Visishtadvait in Jagrat- wakefulness when u feel the reality of Universe with full knowledge that Parmatma/Bhagwan runs it; Dvaita is Svapna- dream state when u think that ur dreams r true and they are separate; sushupti / deep sleep is Advaita when u don't feel ur existence separately!!some may look at it as over simplification but the emphasis here is that all three states r true based on Veda pramanam/Sruti vakyas.-Adiyen                                                 <=><=><=><=> Some of you who are familiar with Judaism Angels will know that three Angels are Primary- Cherubim,Seraphim and Ophanim. Cherubim according to ancie...

India's Core sector growth in August 2023 is 12.1%, Composite PMI is 61 for September 2023 and GST collections for September 2023 is Rs.1.63 lakh crores. These are all excellent economic indicators for India. The core sector growth is the highest in 14 months, and the Composite PMI is above 50, indicating that the private sector economy is expanding at a robust pace. The GST collections are also at a record high, suggesting that consumption demand is strong. These data points suggest that the Indian economy is on a strong growth trajectory. The government has also taken a number of steps to boost economic growth, such as increasing infrastructure spending and reducing taxes. As a result of these factors, the Indian economy is expected to grow at a healthy pace in the coming months and years. Here is a more detailed analysis of each indicator: Core sector growth:  The core sector consists of eight industries that are crucial to the Indian economy: coal, crude oil, natural gas, refin...

 T he combination of lower PFCE(Private Final Consumption Expenditure) growth and lower household financial savings as per RBI Monthly Bulletin(Aug 23) are problems for future GDP growth of India. PFCE, or Private Final Consumption Expenditure, is the spending of households on goods and services. It is one of the most important components of GDP, and it accounts for a large share of economic activity. Household financial savings are the savings of households in financial assets such as bank deposits, stocks, and bonds. These savings are used by businesses to invest in new projects and create jobs, which ultimately determine GDP growth. Lower PFCE growth and lower household financial savings can lead to lower GDP growth in a number of ways. Lower PFCE growth means that households are spending less money on goods and services. This can lead to a decrease in demand for products and services, which can hurt businesses and lead to job losses. Lower household financial savings means that...

  India's household financial and physical assets savings as per RBI have declined in recent years. Household financial savings:  Household financial savings in India declined to 5.1% of GDP in 2022-23, the lowest since 1976-77. This was down from 7.2% in 2021-22. Household physical assets savings:  Household physical assets savings, on the other hand, have increased in recent years. They rose to 11.8% of GDP in 2021-22, up from 10.7% in 2020-21. The decline in household financial savings is attributed to a number of factors, including: Rising inflation:  Inflation has been rising in India in recent months after Covid, which has eroded the purchasing power of households. This has led to households spending more on essential items, leaving them with less money to save. This should have pushed up PFCE as a percentage of GDP but only a tad more than the long term trend Increase in debt:  Household debt has also been increasing in recent years. This has put a strain...