PV Narasimha Rao, the late Prime Minister, was a very shrewd person. He appointed Manmohan Singh, then the RBI Governor, as the Finance Minister. Together, the duo reversed the socialist policies of Indira and Rajiv Gandhi and unleashed the biggest reforms that the Country has seen. The globalization of India, that is the buzzword today, and the trillions of dollars that flowed in from foreign countries, was because of the dynamism of PV and MMS.
One of the criticisms levelled against Narasimha Rao was that he was “not decisive” and was content to let things be. After his retirement, Narasimha Rao explained that the so-called “indecisiveness” was a deliberate strategy. “Not taking a decision is also a decision” he famously quipped.
The important strategy lesson that one can learn from Narasimha Rao is that not everything requires a reaction. Sometimes, it is best to ignore. By being proactive and reacting to every random thing that happens in the Country, there is a risk of adding fuel to fire and worsening the situation.
The JNU crisis is a textbook example of this. What was only a motley group of over-age students shouting slogans about some obscure issue has snowballed into a major nation-wide controversy, giving all opposition parties prime time on TV to blast NAMO and his policies.
Smriti Irani, the HRD Minister, is responsible for this sorry state of affairs. She went hysterical and ballistic about how “Nation won’t tolerate insults to Mother India” and ordered the police to charge the student protesters with the charge of “sedition”, the gravest possible charge under section 124A of the IPC.
This was like manna from heaven for journalists like Rajdeep Sardesai and Barkha Dutt who thrive on Anti-NAMO rhetoric. Everyone from Rahul Gandhi to Arvind Kejriwal to the Left parties has ganged up to attack NAMO.
This is a tragedy because NAMO’s achievements under the “Make for India” scheme, and the positivity that he sought to unleash in the Country, have been completely overshadowed.
Worse, the Government does not appear to be on a strong legal footing if you go by the opinion of Fali S. Nariman, one of the foremost constitutional law experts in the Country. In an article in the Indian Express, Fali Nariman explained that “to be “anti-Indian” is not a criminal offence, and it is definitely not “sedition”. Nariman also grimly stated that “we cannot possibly countenance – we simply cannot live under – a regime that expresses like sentiments”, a clear vote of no-confidence against NAMO.
Even the foreign press is regarding the JNU controversy as a “debate against free speech”, implying that NAMO is seeking to throttle the citizens’ constitutional right to free speech.
Now, if only Smriti Irani had taken a cue from Narasimha Rao and not reacted in the manner in which she did. Today, nobody would have remembered JNU or what the sloganeering by the students was all about.
The Vodafone tax controversy is also a textbook example of bungling. NAMO came into power by cleverly promising that he would end the “tax terrorism” propagated by Chidu and Pranabda in the form of a retrospective amendment to recover Rs. 14,500 crore from Vodafone and several other foreign investors. However, thereafter, when he was expected to repeal the retrospective amendment, Arun Jaitley turned saintly and said that the matter would have to run its course in the Courts.
Worse, now Arun Jaitley has done a complete somersault and sent Vodafone a notice demanding that the sum of Rs. 14,500 crore be paid “within a week” and threatening that Vodafone’s “assets would be attached” to recover the dues.
Vodafone reacted in a belligerent fashion and attacked NAMO by stating “In a week when PM Modi is promoting a tax-friendly environment for foreign investors, this seems a complete disconnect between government and tax department”.
After the stuff hit the fan and the move was severely condemned by foreign investors, Hasmukh Adhia, the Revenue Secretary, surfaced on twitter to state that the notice to Vodafone was a “routine exercise of sending collection notice to all those whose dues are not stayed by any court”.
Needless to say, this clumsy manner of dealing with a sensitive issue has also been slammed by experts. (See No Sir, Vodafone tax notice is not a ‘routine exercise’)
Several other big-ticket tax controversies including the Rs. 10,247 crore assessment of Cairn India (which is also a legacy of the previous government) are still hanging fire. This is prompting experts to ask whether there is any difference at all between the old regime and the new regime.
Now, in the wake of such buffoonery by the Government, investors are plagued with fear as to what fate holds for them in the Budget. Arun Jaitley has already dropped hints that he is actively considering abolishing the exemption from tax on long-term capital gains even though the revenue collection on that score will be petty. If that happens, investors’ sentiments, which is already fragile, will be shattered!
Fed up with these misusing nonsense political posts….leaving this forum
Me too
Fed up with these misusing nonsense political posts….leaving this forum if this post is not withdrawn within 7 days “NAMO’s Mishandling Of JNU & Vodafone Crises Irks Investors. Don’t Goof Up On Budget, They Plead”
agree
Dear Pravin- This form is for Equity investers, so criticism of Govt if it is acting against Intrest of equity investers is justfied.You need to understand this .There is no criticism due to poiltical alignment.In democracy every section including small investers has right to fight for their rights.If you don’t feel like Equity investers and has more political bonding than it is your choice,otherwise you have to feel like many other investers who had lost their last penny due to non performance. Every one need to see the criticism from investers point of view and Govt should feel unity and plight of investers.
You will not be missed
True. I am also leaving this forum once and for all. It is absolutely ridiculous. I cant believe. This forum was supposed to discuss matters pertaining to finance and investment. And suddenly, the promoters of this forum had shown their true colours. They cant hide their political agenda. They are out in the open. They should have used some other political forum to air their POLITICAL VENDETTA and grievances.
Those who want to leave do it early
The best thing is that this government provides fodder to opposition just before the start of parliamentary sessions. God knows if there will be any progress in the budget session. Certainly ‘Achhe Din` not in sight for investors.
Of the comments, this one hits the nail on the head. Just before parliament session govt. gives easy fodder to opposition. Now we know the fate of the budget session. However I do not agree that “acche din” is not in sight for investors. The market crash has made several stocks fall to attractive levels. Investors should use the opportunity to buy these. I personally have started a thread for value stocks for benefit of retail investors. I think the govt. has not acted enough on the JNU controversy. Chandan Mitra, BJP spokesperson made the most insightful comment. Govt. should shut down JNU until the university gets its act together, i.e, focuses on education, and character development, not on politics.
I say what I said earlier. This country runs on God’s grace. Please have no hopes on any govt, UPA/NDA/Third Front
Exactly!!
Exactly. Old Wine in new bottle.
I am afraid Modi and his gang ,who never failed about talking Congress Mukt Bharat may end up doing exactly opposite,BJP Mukt Bharat.Not only they are doing every thing exactly opposite to common sense but has stopped learning from set backs.Now question is not that Modi govt has failed,but a wider question,How Indian public misjudged incompetence of Modi completely in last loksabha elections.By not passing on crude benfit to Indian public Modi govt has already misfired Indian Economy but with Just thinking of introducing Long term capital gain tax is the End Game for Equity Cult in India along with Dead End for Modi and BJP.I am thinking to stop investing in equities completely with introduction of Long term capital gain in next budget ,never to look Back to equities till there is Modi Mukt Bharat.
Disclaimer- I not only drumed support for Modi but also lined up for voting for him with rest of Indian public in last election .
Sir wisdom simplified
High time modi has to clean his cabinet. Don’t see anyone capable apart from modi himself and parikhar. Lot of difficulties ahead for this government, they would be praying to somehow complete 5 year tenure leave aside any development. They campaigned with only modi as the face and that’s the truth as well. Jokers gang he has got in smriti and jaitley.
Right. Modi government should give Ashok chakra to people who shouted “Bharat ki barbadi tak Jung karege” “har ghar we afzal nikalege”
Market is bleeding . Investers has lost their last penny by betting on Modi .World over govts of those nations working around the clock to fix their economy .But in India ,complete silence from Modi govt. Compltetely Insensitive to investers ,who has lost .Forget about acting for correction,even no positive statement to calm down the carnage Atleast Chidambramb reacted, made right noises when required in such situations.Forget about new tax incentives for investing in equity market,this govt is thinking of introducing Long term capital gain.We are just searching ,where is our Capital,is it still left, for which Jaitely is dreaming to tax .What a joke by these Jokers.
I am am/was an ardent supporter of Mr Modi. Unfortunately everything you have said is 100% correct. If two supporters feel this way……
Dear sir
Did the PM ask you to invite in the stocks?
Or will you give your profits to PM?
Think twice.
Excuse me, but we’re you trying to make a point? If I can deduce, it seems as though you are propagating that the investment was solely of my own choosing. If this is the case, then who are you to explain to me what my criteria for investment should be. If I factored a lion of a PM, with clear cut goals and a mandate to achieve solutions as a factor that would lead to economic management, risk aversion, and foreign investment back channels then I have every right to air my dissapoihtment. Unlike you I voted for Modi to bring an enhancement of India. If I am being told now that we should expect a performance on par with Manmohan Singh, then so be it. Modi should have just told us so.
Is it a joke .Tell you Pm why he is travelling whole word asking every small country to come and invest . What is this. Make in India for . Our country is like this because masses think like. You
You would appreciate that it is not Government’s job to keep stock market sentiment high, especially those of FII. Current downtrend in Nifty is caused by FII selling due to global issues. Government is trying to clean-up. They have sorted out Telecom and coal scam in most transparent manner without any loss to country. Now, RBI is trying to sort out mess in PSU banking sector. It takes time. Please think. Also, all those talks about capital gain tax are rumors floated by vested interest groups. Government has never said about it and it is not Government’s job to keep you calm every day with regard to your stock portfolio. This is stock market, man. If you can not take volatility, keep out of it.
I think most of the board is not realising – that the Indian economy is better than most in all parameters over competing governments. There is no mess greater than the world here – CDO liability in foreign banks is so large that they are in worse state than their counterparts in India. The NPA are a legacy a deliberate time bomb left by UPA – learn to be smart – JNU is crap fuelled by opposition liek cow issue etc to dull make in India and budget – dont worry about India. Have faith and invest – India may not appear rosy but is in better shape than the rest of the world and yes as long a we live people exist – economy will run. The so called MMS liberisation was a bag of crap – UK today is in worse position now than we were in 91 –do you hear their press or opp crying over economy and scaring the world – they can import less than a month on their reserves. As an investor chill and aim well.
if one is real investor, he knows such ups and down are not on PM . You forget last down fall in Stock market when this PM was not there. so pl stop blaming PM for each and every thing. If you do not want to vote him –its your choice-ULTIMATELY it is free india. Vande Mataram
Day by day it is looking more and more as though this government will be remembered as India’s biggest dissapointment. It really is disheartening as an Indian. It is one thing to be ineffective and utterly abysmal for the country as Congress is always expected of, but to stoke hope, and point out the problems, yet still be unable to force any change can only mean that you are incapable. This my friends is worse. For all Mr Modi is preaching, as with other PMs that have come and gone, he will only be remembered and measured by the steps he took, and change he brought about for each and every Indian. He will not be remembered by the dreams he had for this country. Wanting to do good and wanting to bring prosperity, is a far cry from actually doing so. I fear that this BJP government has fallen into a dark trap where they feel that mentioning the problems and revealing solutions are more than enough. It is only when they realize and look back through history that the truth will be a lot different. And a lot sadder. Mr Modi we ask once more that as the ultimate power of India and all things Indian, as legally bestowed upon you, will you please embrace the totality of this power and DO as you SAY. The budget session will tell us everything.
From the sentiments in the market investors i think even 22000 is not the bottom we will most probably see 20000 also. All of a sudden the sentiments are too negative that its tough to turn the tide.
It seems only few people in the cabinet are actually capable of something others are just immature and incapable for their positions.
Arjun, Enough of this nonsense. Is this a forum for political posts. Are you qualified to talk about politics. Don’t bring your personal bias here. Also get your facts right.
This government has stated from the beginning there will no retrospective tax from now onwards but the past cases which are in court will not be withdrawn.
It seems like you have lost money in this recent market crash and are now venting out your frustration on the government.
Hope you will reason and stop these political posts in this forum, other wise I am sure that you will have reduced traffic on this website.
Oh excuse us. You are not the only one who supported Modi ok. I was a major proponent for him with all my co workers and fought to have people disagree with me see the light. That doesn’t give you the right to hide the pathetic incompetence in the gov. Where are the fundamentals to prop the economy and reassure investors? We did not vote for a mouse or Jaitley to decide our future.
Without investors India will be a poor slave country again ok. And we will not stop to demand performance until he delivers. If you don’t like it, then suck it. What the heck are you doing on a investing forum anyway. When India is supposed to be benefitting from all world changes we are doing worse. Unacceptable.
Wah Wah!! You will not stop demanding performance from Modi. Why not do the same with Lalu & Mulayam? Or may be, you will now vote for Lalu & Mulayam and get performance? And blaming Modi for your losses in stock market? Suck it up, man. This is bear market, happening duw to heavy FII selling. Bull will follow in due course. It has nothing to do with Modi. He is trying to do whatever he can for you idiots. Now, if you deserve Lalu & Mulayam, you will get them. You will have bigger losses with Lalu & Mulayam. So, be prepared.
I fully agree with Ankur & DG,these idiots cant see beyond their personal losses in market.Country/self pride means nothing to them.They can bear rots for 60 year & want others to clean it for them urgently & they will be busy in bashing govt.The so called students deserve the treatment they got.The JNY Uni is thriving on subsidy & if they behave that way ,stern action needed.
I am more worried that now Modi is left with only such supporters in whose dictionary there are only words like stupids or Ideats for those who are demanding performance. But still,I would like to remind them if they are invester(although from their language they don’t seems) that stock market don’t look back,but only see the future,which market dont see rosy at all, inspite o hearing Man ki Bakwas many times.This is form for investers and they have every right to raise their voice and crticise govt for non performance. Some body keep in saying problem of last 60 years,without knowing we had janta govt in which BJP (BJS) was member,BJP supported VP Singh,Vajpayee was PM thrice ,we had PV Narsinhma Rao govt indirectly supported by BJP as it never put it to non confidence . More over. Quality of ministers like 12 th passs Smriti Irani is no better than sons of Lalu. Many Sadhus ( although they are just Sawadus) and like of many don’t differenitiate with any of othe Jokkers of Oppostion parties.Don’t preach buying QUALITY, I always buy only Quality but nothing has been spared.What govt has done to stop carnage,it could not make Even any positive statement.Just to put salt. to wounds ,it is also toying with idea of fresh taxes in name of long term capital gain tax on investers to add to its wastages.
Fools like you are what makes Indians a joke everywhere. Did anybody mention Rahul pappu or lalu? They are utter jokers and only a fool would argue that. So according to you a bear market is not because of Modi. It’s not his fault. Therefor logic says a bull market is not becuase of Modi as well. So according to your foolish logic. favorable economic management which drives investors into India is not becuase of Modi. Therefore our PM according to you makes no difference whoever it is. And then you say we deserve lalu or mulayam. Oh brother, with an imbecile. An oxymoron if I have ever seen it.
My friend!! Governance matters but that reflects i long run not in overnight Nifty prices!! Please try to differentiate between economy and stock prices, first. A good government can improve economy and that will support stock prices, eventually. Operating word is eventually. If you get government headed by Lallu, Pappu etc then that eventual day will never come. We have history from independence to prove that. Now we have a government who have solved issues related to telecom scam and coal scam without any loss to country in most transparent manner. No, RBI is trying to clean up mess in PSU banks created by previous government. You would agree that such clean-up is required and results will show up at some point in future. Now, in between, there is global sell-off, how come Modi is responsible? Think, my friend, think. You can make things dirty in no time but clean-up is slow process.
Dear Kharbji,
if you are talking about 12th pass Smriti Irani, then you have not seen the intellectual debates from her .
Please do one favor to yourself, looks at intense and thoughtful speeches and by her where she made interviewers speechless .
On one hand you endosre a 50 years mentally retarted man who can not even remember what to write as commnt and looks for smart phone to copy .
On the other hand you have self made 12th pass lady who can recall each and every details of his department .
Your choice shows clearly whom you prefer, self made, 12 pass intellectual or a mentally retarded yuvarj .
Thanks
Please look
Arjun, dont get into politics What were u doing when Sensex hit 30000. Then u didnt chant Modi. Pls give him time. Ok. It is sickening to see political articles, that too crap, her. Pls stop this nonsense. I have been reading ur articles which are informative and educative.
Do not invest in equity on euphoria and modimanic!!! Modimanic is over and his gimmicks won’t work anymore!!! the time has come to invest in quality companies. Many newgen gutter stock pickers are suffering now. It is seen that they are blaming congis for non performance of modi govt. it is not congi’s only responsibility to run smooth parliament and pass out GST.
Do not trust the so called stock pickers and analysts who uses media to propagate their ideas free of cost. Thired quality stocks are a fancy now due to some new gen stock pickers and those who followed them are suffering badly now. visibly we will not “pay” but we will pay for their mischiefs if follow such ideas. I am not naming those mischief stock pickers who manipulate their ideas through social media and even in open forums.
Did modi asked investors to invest in junk stocks ?
How come you suddenly realised that we need to invest in quality stocks ?
Junk stocks will be always punished in every bull run , only good thing is we have Modi to blame now .
Thanks
Dear investor
Nation First.
Money Next.
Please think twice before attempting any comments.
Thanks
Yoga
Problem is
1. Anti-bharat messages were called out and Hindus are not united. See what is happening in media.
2. Action was to be taken and media has made BJP as villian and traitors as victim.
And here you are cribbing about Modi.
Stop subscribing to media. Stop your money from reaching them.
Nobody doubts this. Anybody who doesn’t have the decency to respect India is not welcomed. The argument is the inaptness of the Modi regime. A gov given such power to erode market sentiment is almost diabolical.
You would appreciate that it is not Government’s job to keep stock market sentiment high, especially those of FII. Current downtrend in Nifty is caused by FII selling due to global issues. Government is trying to clean-up. They have sorted out Telecom and coal scam in most transparent manner without any loss to country. Now, RBI is trying to sort out mess in PSU banking sector. It takes time. Please think. Also, all those talks about capital gain tax are rumors floated by vested interest groups. Government has never said about it and it is not Government’s job to keep you calm every day with regard to your stock portfolio. This is stock market, man. If you can not take volatility, keep out of it.
Good to see those unconcerned with the economy and those who put a political party before the nation, leave this forum.
This post reminds me of people traveling in local train talking about how tendulkar should bat.
Very disappointing.
Arjun,
unfortunately you are totally wrong towards JNU issue .
Now a days its been a fashion to hate India and it was glorified till now as “Freedom of speech” .
Please watch what majority of JNU students feel about this issue. It is good goveremnt sent a strong message to the peopels who think they can have subsidized education and talk about distroying India, they will not be spared .
I know why sickular media is crying but this was same media crying for Isharat jahan, batala house encounter and so many. What government did was spontaneous reaction of peopels . Every proud India will be happy to see the action against these traitors .
Regarding opposition , do not worry, they all have to clear the stand that they do not support anti India activities due to public pressure .
Thanks,
shame on the forum for raising politics.. not far ago when in 2012-2013 market was its nadir, no body uttered politics for the poor performance of the equities.. now they are front loading their personal objective by criticizing govt, now canworms getting exposed in the current regime.
Its really disappointing dear. As Smriti Irani should take some actions as it was anti national and she did it it was not negative as any other nation has done the same thing. Do anyone dare same kind of slogans in any other country? i think no one can dare it. here in India, so called activist are making things really bad and when govt act on it all media and other parties are attacking like anything. In the same week positive things were happening in India i.e” Make In India”, then why media has not even placed a single camera on it and put all camera on saving these anti nationalist. Even media could have changed it to positive as “we can not tolerate anything against India kind of campaign” with the actions taken by govt. but they pictured it completely negative. shame on all media and so called activist. This guys will even sell their mothers if they see their profit in it. Shame……
Very apt article. JNU handling showed complete lack of maturity.Unfortunately some fans of Modi have given him God like status refusing to see the clay feet. Criticizing Modi does not mean we support Cong,Left,Laloo,SP or whatever. Many of us had high hopes from this govt and last week they have proved to be a major embarassment. Students tend to be radical and many calm down once they are out of institutions.Making Anti-India speeches does not warrant sedition. Govt cannot act as a proxy for ABVP and interfere in University politics.
If there was concrete evidence of anti-national activity an investigation should have been carried out and action taken.
An entire state Kashmir is anti India, can you arrest all under sedition?
And all those who claim on how BJP is patriotic etc, they have no qualms in forming alliances with parties like MDMK who openly support LTTE and Prabhakaran.Isn’t supporting,praising and conducting agitations for a terrorist organization which was responsible for the assassination of a former PM sedition by same logic? No we don’t care then because political alliances are for convenience. PDP leader has been known to make AntIiNDIA statements in Pakistan and so have some Congress leaders. Every tax season I am sure lot of you curse the country does that make you antinational?
PM Modi needs to speak up, you cannot take ABVP,RSS and other affiliates help you win elections then pretend you have no accountability to their actions.
I do not understand why everyone is crying so much for students shouting anti India slogans ?
Do you really support such actions ? What smriti Irani supposed to do ? Igonre it ?
Why so many peoples are supporting these anti India actions ?
If we want to criticize modi, lets do it , but atleast do not praise those traitors .
Any Indian will not support such stand but then why so many saying those students should not have been arrested ?
Thanks,
And why dont u guys use some objectivity? I was a big fan of Smriti Irani a week back but I will not be blind to the fact this was a blunder.
To the question on ignoring students, yes you ignore it.If you have concrete proof of terrorist or antinational activity you take action.Democracy allows you to complain and if you are going arrest everybody who speaks against the country lets start with BJP’s allies like PDP or former ally MDMK.Students tend to get emotional over issues, also a bit of mob mentality, you have to allow that.We dont live in a police state.We have politicians who have actually done acts of treason but our govts look other side for political compulsions.
And honestly patriotism or nationalism is not BJP’s jagir.
The smartest thing to do would have been to talk to these students advise them on their actions. Now you have potentially created some terrorists by the police action.Running a democracy is a statecraft which requires diplomacy at all levels.As an Indian it is my heartfelt wish that PM Modi makes no mistakes after this and does the right thing. I have never doubted his integrity but the methods now are certainly wrong.
One of the saner comments in this post…
Arjun,
This blog was supposed to be inspired by RJ. I don’t see how your recent articles related to politics fit in this. Please get your focus back. If your intention is to get more trafic to your blog by writing on politics, you are making mistake. After few articles like this, many will stop visiting your blog after sometime, because people come to your blog to read investment related articles and not for politics.
For all reasons other than the stockmarkets, NaMo will return to the pavilion in 2019. He has antagonised almost all people and parties in the country. No matter on how much you speak what he has done or what is is “vision”, he will return back to Gujarat and will not even fit there. He will be pushed out of Delhi also because he does not fit in Delhi. Just wait for the results of the ensuing 6 state elections.
Dear Venky,
for lot many reasons other than stock market he will be back to power .
Can you please prove, how he does not fit in Delhi ?
Or because you just do not like him , he does not fit there ?
Are you trying to say he does not fit, because he did not allowed any 2G,3G,coalgate,common wealth and so many scams in his regime ?
He does not fit because India is the fastest growing economy in the world and growth rate will only increase going forward ?
He does not fit because he is cleaning the rotten, corrupt UPA system ?
I understand you might have been big beneficiary during UPA regime and you are feeling pinch now due to all round development of economy .
Lot of you realized that if this man is not stopped, there will lot of development in country and peoples will realise in next 2 years how governments efforts are paying off .
Lot of you realized you can not destabilize government due to huge mandate so trying to find excuse and blowing of non issues ?
I wonder why you peoples are disusing JNU in RJ forum ?
They way he is cleaning financial systems, the way he is bringing in huge money with transparent auctions in to the systems, the way he is pushing manufacturing, the way he is pushing start up culture, it shook many of you .
It shook many of you because you can foresee huge benefits this country will get with all round development and peoples will vote him again .
Stock market crashed many times during rules of previous governments, so why you are crying now ?
The fact is, he finished the careers of many corrupt contenders in last election, next election it will turn of the chamacha’s like you . Public itself will make you silent when they will see a rebooted India story .
So enjoy criticizing modi for few more quarters while he is working hard .
Note down my words, you peoples will be praising this government after 2 years for sure .
And pappus, lallus,mullus, mannus,venkyus will be busy in finding more non issues like JNU .
Thnaks,
Thanks
First of all stop copy pasting same writeup across various blogboards. Just wait for the coming six elections and see for yourself if what I have said in my earlier message comes true or not. Have I said any reason, have I said JNU? Have I punched holes in the Modi system of governance? I just said for various reasons Modi will be back to pavillion. What is your problem man? Why are you jumping?
Dear Venky,
I am not jumping . Since India got a latest fortune teller who can see the future, I just thought of asking the rationale behind your prediction .
I understand your pain, its difficult to see such clean government for peoples who are habitual of just scams during previous goverments .
Can you please prove if my messages are copy paste from some where else ?
Thanks,
I think it is time for me to stop reading this blog like I have stopped watching few news (views)channels completely
Looks like Arjun has all sorts of inside information. He should better join politics either in Govt. or Opposition. Using his talent here is not serving purpose at least in this forum.
Guys dont take it on heart.Around 20% guys voted for congress in 2014 and they are frustated now. they are not getting corruption cases like Commonwealth , 3G etc to criticize Modi so have to depends on these JNU kind of incidents which were happening for long before Modi came to power.
May be Arjun’s Grandfather, father and his all family voted for Congress all their life and they are severely hurt the the party lost so badly. I also felt bad when BJP lost in Bihar.So its a natural human reaction.
Also no need to leave the forum, I think some good articles/reports are shared as well and the larger the community the better for us to share ideas.
Its ok to let people like Arjun vent their frustration once in a while but overall it don’t seems to be a politically motivated forum.
its very pathetic to share such political issues here on this forum.we hope this forum could only use for investment ideas.but it seems from last one month (as market fall severely) instead of valuable stuff ,such meaningless posts been shared ..this is political debate and nobody will agree with each other which is obvious.linking market with PM or any party is completely unjustified. however long term trend govern by policies. sensex reach to 30000 is no credit of modi also it sink to 23000 , no blame for Modi. Same way 2008 crash should not blamed to upa .resent crash is due to global sell off which is beyond control of any government.let Modi government give some time… Ultimately market drive on optimism…
Dear Moderator,
now please post article on Moody’s upgrdation of Indian economy .
The only economy in the world which will improve its economic growth .
Please do not forget to give due credit to the government which all of are abusing .
Thanks,
What kind of nonsense is this portal posting. We come here to learn about stocks and discuss thefinanvial matters. In case the moderators are interested in political skullduggery they must open a seperate forum and post their vicious attack on government. The forum here here is purely for sharing knowledge irrespective of the political ,religious and linguistic denominations of the members. Please strive to keep it that way.