Thursday, September 09, 2010
FII Investment and Two figures.
Check two news report in two different print media. The report is about the weekly review of the stock exchange.
The India Infoline at http://www.indiainfoline.com/Markets/News/Sensex-vaults-4.6-percent-in-seven-trading-sessions/3288527781 gives the fii investement in India for 2010 as Rs 21427.85.
To quote the paragraph: "Foreign funds have bought shares worth a net Rs 1932.75 crore in the first few days this month, as per data from the stock exchanges. The inflow has reached Rs 21427.85 crore in calendar 2010."
The Hindustant Times at http://www.hindustantimes.com/Rising-Sensex-raises-worries/Article1-598217.aspx , gives the figure for calender year 2010 as R62,784 crore.
To quote the relevant paragraph:
"Foreign Institutional Investors have already invested R3,402 crore in 7 trading days of September and a total of R62,784 crore in the calendar 2010 till date, showing their faith in the fundamentals of the country's economy."
It is 21427.85 versus 62,784. Both the figures are for the financial year. What is to be believed from them?
Sunday, May 30, 2010
Somalia Piracy
The Indian ships and its crew had suffered due to the Somalia Piracy.
However, Why is it there at all?
The Media reporting is such that it presents as if something totally evil is there only because of Somalia and Mogadishu.
The truths seems to be far away from what it is being shown.
Internet as a medium of communication is definitely a boon. However, it is very difficult to squeeze out of internet. You may keep on browsing but end up collecting nothing. In the above lines, I am recollecting what I have been able to learn after five hours of browsing even when Somalia Piracy was not my aim of search.
Where are my books? They are the real blessings.
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