Tag: Recession

  • India in Recession: An short note to be noted!

    India in Recession: An short note to be noted!

    I read an interesting news on DNA Mumbai edition.

    Are you worried about Job losses and Job security? Then you have a robot for a company now! Japanese companies are axing hired Robots in the wake of recent plummeted demand in Industrial production. According to what the newspaper published, in 2005, more than 370,000 robots worked in factories across Japan, about 40% of the Global total.

    There are still people who think Recession prevails in India, but its not. In fact, it never was. It’s only the Recessionary Mood that is prevailing. I saw people who were searching Google when “India recovering from Recession” and “how IT can recover from recession in india”

    I can understand their curiosity. I get a hit on my Blog for at least once in a day for Recession. The geography is not limited to India, even outside India. Recession might effect the IT Industry if things still go bad in other countries. So will be all Export oriented units.

    Whatever the mindset says, India is clearly out of Recession. As of now and largely enough, the wave has gone by and things look again, back to square one.

  • The Markets will remain positive for June 2009: A little worry though

    The Markets will remain positive for June 2009: A little worry though

    It was two horrific news with a good one. What a combination you may ask?

    The first and obvious story that captured the headlines were the racism attacks on Indians in Australia. That followed with the news that Oil prices will be de-regulated which means that things could go costlier in future.

    However, it may just be good that it will happen. The reforms was what was expected of Congress and they are bang on it! It also may turn out to be good for the economy overall. Because that inflation can grow up from here and this will help the country to be back on the fast track out of recession in general.

    The Good news from a cell phone user point of view was that Minister A. Raja said that he wished the Telephonic rates to come down to 10 paise for local calls and 25 paise for STD calls. What the government has dones is done a small harm with even smaller good.

    This can spell doom for mobile telephonic companies profit margins, but then they will have to resort to VAS for earnings. This is a bit tricky one which may not necessarily boost healthy competition. Instead, I forsee mobile companies getting too agressive with VAS and customer will be bombared with calls and SMSes ignoring privacy and Do Not Disturb facility.

    These news’ will have its effect on the Sensex and how! I stand by my prediction on Sensex crossing 16K by June end which I had posted earlier on my Blog. Trade safe, dont be aggressive in your investment decisions.

  • Now the Bulls will roar – Sensex Outlook after elections

    Now the Bulls will roar – Sensex Outlook after elections

    Now that every one knows what happened yesterday all of you people will be guessing what will happen to Sensex, the benchmark index. If you do not know; the Great Indian Elections that were held in four phases last month where the United Progressive Alliance, led by Congress won with majority defeating BJP and others who posed a threat on them.

    Given that Dalal street has a soft corner for Congress and vice – versa, the Sensex will gain more. From my earlier prediction, I said that Sensex will gain up to 15,000 levels by the end of the June. However looking at the volatility in the market, I will revise it to a more modest 13,800 levels. But I would also like to maintain that Sensex may cross the 14,200 mark and may even go up to 15,000 levels.

  • India will recover first: Recession may not last long

    India will recover first: Recession may not last long

    The Recession which has crippled the whole world will see its effect coming down by the end of June,09 claims a report by Nourma.

    I had earlier predicted that the Sensex, if it manages to go past the 11k mark India will be the First country in the world to have come out of this recession thing.

    In India, the word is taken for granted and only the very big companies apart from share broker and equity share holders were actually struck by Recession. Other industries were mere the cats that were being asked to meaow. There are lot of companies which are downsizing their staff levels in the name of recession, which is just a reason.

    The cost cutting initiatives from companies overseas may have effect on the Indian Economy, but since the domestic market is so strong that the whole economy can withstand it.

  • Its all about US and Slumdog

    I am sure you are reading this first and exclusively on Hemal Shah’s Indianomics Blog.

    The News Channels were happy to report that people who are affected by the Recession, who lost jobs were forced to stay in open areas around California, the US.

    It seems the west is learning a few chapters from the east. While it is not yet the Slum situation there, but it looks like one. These people started living in tents setup in open areas.

    Now it is not surprising why Slumdog Millionaire is so very hit in United States…

    PS: I am not trying to make a muck about it and its not a joke in a bad taste, please take it lightly. My hearts are with those people…

  • The Recession Poem: Life is always a pendulum swing!

    The Recession Poem: Life is always a pendulum swing!

    I was just traveling in a train when this came up in my mind. So here is a Recession poem for you people.

    It stuck its seal with the Lehman Brothers,
    Another deal in a week for others.

    Money came hard for people who need it,
    Who had it found it hard to keep it.

    The Spending Mood changed its season,
    For layoffs, companies needed a reason.

    Then you start to feel the thing,
    Life is always a pendulum swing!
    This is the recession thing!

    Obamania struck just nick in time,
    A hope for change was just thought in my mind.

    It was business as usual for people in the frame,
    The Executives do not feel the shame.

    The markets make many poorer by the day,
    Its the same the very next day.

    Many wish to take the paycut,
    The bosses were waiting to cut their pay.

    You see, its all muck and greed,
    I don’t know when we all be freed?

    It is growing so fast and fat,
    You would not realize when it gives you a pat.

    Life is always a pendulum swing!
    This is the recession thing!

    —————————————————————–

    I have put this poem up here at Poem Hunter

  • The Interim Budget: Why it was a Vote Budget?

    The Interim Budget: Why it was a Vote Budget?

    The out-going Government at New Delhi presented a voter friendly interim budget last week. Why are our governments always believe in bleeding the economy more to retain their government. It all ends up to one thing. Win the general elections, regain voter confidence so that they can ignore the voters till the end of next five years!

    That is why, instead of an economy friendly budget a voter budget was presented. It now time that the government stoped protecting the people who have money, and then started to have a broad view of India, the real India.

    What Obama doing in US is to raise taxes for the wealthy, and offer packages to those who really need it. The Trillion Dollar Economic stimuls package hopefully will be able to reduce the economical drag. Why can’t India offer such a stimuls plan which should match in features, amounting to what it requires.

    As Sirish puts in Overdrive, we all now are afraid or irritated to hear the “R” word more than the “F” word. But you would still use it in day to day basis. Whether you face it or not, the term Recession is being used to undue advantage by some. Delibrately putting the people at risk.

    Why should a innocent, common man suffer? Why should he not be insulated from the greed from other people. Why not punish the people behind the scenes, who are responsible for this whole recessionary environment.