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pretty impressive how mtc is turning around in the last couple of years.MTC set to have a golden face - A new fleet of 75 buses to be commissioned on March 31
http://www.hindu.com/2008/03/28/stories/2008032859330400.htm
If then, Are We (TN) lagging back so much with MH.? Why TN unable to get such huge investments thenmoney into stocks is not considered fdi.
these fdi figures track all proposed investments and projects currently under implementation. so, if a project was proposed say 10 years ago and still not started or under construction, that would still be a part of this figure. typically along with this figure they also publish project implementation rate and it did mention that mh was lagging on this. enron project (now dabhol) is still not complete even after decades - i don't know if it is anymore fdi though. so basically it is not a great stat. tracking just gdp growth rates along with per capita income provide better info.If then, Are We (TN) lagging back so much with MH.? Why TN unable to get such huge investments then
http://dipp.nic.in/fdi_statistics/india_fdi_index.htm
Kannan,I think that you have got him wrong here.
What he has said is that the on line rading of commodtities should be banned. He has a valid point here. People sitting somewhere in the world blocks (on line) big volume of essential commodities and the poor farmers and the local traders do not have a clue nor control. Lots of disputes have already arisen since the farmers are not able to stick to the old commitments.
There was a situation when the availability of a pulse (daal) was almost nil in the market (though it was available in abundance physically in Tamil Nadu). The price shot up by 20% because of that and then the stocks were released. This is just manipulation and hoarding.
Though it may look similar to share market,but there is a basic difference. In essential commodities, the major consumer is common man and he is gullible and does not have a say in fixing the price. This is against the very basics of market economy. (where the supplier and the consumer will act as per the market forces - demand & supply).
Similar game is played by OPEC wrt crude oil.
Futures is not demand and supply, but speculation by investors. Read what Warren Buffet says about derivatives, even he came out against it recently.Kannan,
You are right upto some extent. It is avery big topic but I wantto point out few things.
1) Keep in mind Futures trading takes place every where in world and we do not see spot prices pf commodities getting influence because of that.
2) Online trading is used for various financial products and derivatives and its is very efficient compare dto pit ..so banning it will be futile.
3)
Futures prices are generally referred as predictors of future spot
prices and tend to provide direction to spot prices thereby helping in
price discovery as well as minimization of price fluctuations.
As you pointed out, Futures trading (both Online and pit trading) does affect common man, if the market is not efficent. In short run, it will appear thet some people may try to corner market but it is difficult to do over the course of time.
4) The party attempting to corner a market can become very vulnerable, due to the size of their position, especially if this becomes widely known. If the rest of the market senses weakness, they will resist any attempt to artificially drive the market any further than some point, by actively taking opposing positions.
5) Finally it all comes back to the basics - demand & supply
:cheers:CM to open Kodambakkam flyover
Chennai, March 29: The first bridge constructed by the present DMK regime to ease traffic in the city would be inaugurated by chief minister M. Karunanidhi on Sunday. The North Usman Road flyover, built on the intersection of Kodambakkam High Road and Mahalingapuram Road, at a cost of Rs 9.72 crore will reduce traffic bottlenecks in the Kodambakkam, Mahalingapuram and T. Nagar areas. On Saturday, state local administration minister M K Stalin inspected the flyover and reviewed the finishing touches on the spot. It is a two-way flyover running through a length of 472 mts with a width of 8 mts constructed in six months...
http://www.deccan.com/chennaichronicle/City/CityNews.asp#CM to open Kodambakkam flyover
CM to open Kodambakkam flyover
Chennai, March 29: The first bridge constructed by the present DMK regime to ease traffic in the city would be inaugurated by chief minister M. Karunanidhi on Sunday. The North Usman Road flyover, built on the intersection of Kodambakkam High Road and Mahalingapuram Road, at a cost of Rs 9.72 crore will reduce traffic bottlenecks in the Kodambakkam, Mahalingapuram and T. Nagar areas. On Saturday, state local administration minister M K Stalin inspected the flyover and reviewed the finishing touches on the spot. It is a two-way flyover running through a length of 472 mts with a width of 8 mts constructed in six months. Chennai mayor M Subramanian, corporation commissioner Rajesh Lakhoni and top civic officials were present with Mr Stalin during the inspection.
According to corporation sources, at least a dozen bridges would be completed in Chennai in the next two years. Traffic congestion in Kodambakkam and T. Nagar would ease by this October as constructions of four bridges are nearing completion. Designs are also ready for four new bridges at Madhya Kailash, Thiruvanmiyur, Mint junction and Basin Bridge, the sources said. The bridge in T. Nagar near Pothys junction would be ready by July. Piling works are underway at G N Chetty Road and this bridge would be inaugurated by October.CM to open Kodambakkam flyover
http://www.deccan.com/chennaichronicle/City/CityNews.asp#CM to open Kodambakkam flyover
I am surprised, if one can build a bridge in just 10 lakh rupees? :nuts:
wow! so cheap!! :lol: I can sponsor to build a bridge if they agree to keep my name for it. :cheers:I am surprised, if one can build a bridge in just 10 lakh rupees? :nuts:
he he. Me too wanted in my name. This is dinamalar typo error as usual, as you aware guys!:lol::lol:I am surprised, if one can build a bridge in just 10 lakh rupees? :nuts: