@vinodsrinivasan Hedging cost is typically based on interest rate differential in borrowing in USD and INR.
So wouldn’t the cost which RBI has to bear this time would be lot lower?
@harsha21195@BMTheEquityDesk Political discussions are a waste of time, people are anchored to their views + I am not an expert. So stopping it..
Was saying purely from an economic point of view.
A popular RW PM can take more difficult steps, anywhere in the world, LW PM have to be populist.
@harsha21195@BMTheEquityDesk Petrol pricing during UPA was too less and non-sustainable for our budget, which even MMS realised it.
A right wing popular Govt was needed to increase it, no matter how bad it is for the masses.
Any country ideally needs a regular swap between right to left and vice versa.
@Faiyaz__lala@iamswapnilvats Would still blame the auction guy Venky M & team..
It’s a very average team bench strength.. The Indian squad except Rinku and Varun C, others are not even on India’s C squad.
KKR has been extremely lucky with catch drops against them in the 2nd half of the season..
@Faiyaz__lala@iamswapnilvats 24 runs in 17 balls on his first game at the top.. Can’t be called as a huge failure, with only Ramandeep scoring faster than him in that game for KKR .
@KKRiders Last 5 innings of captain Rahane.
43(33) - 130
13(11) - 118
19(13). - 146
14(14). - 100
21(17). - 123
Maybe they should let Narine open, but then ego would come in..
@Rezang_La When oil prices shot up- any Govt has just two options.
1. Increase oil prices domestically and give inflation
2. Not increase prices, miss your budget targets, raise deficit leading to weaker currency.
India is currently following option 2. Hope it clarifies
@rckp02@sardesairajdeep True.
Say a political party ‘A’ does everything honestly and another one ‘B’ in the next election gives beer & biryanis or freebies, funded by over-billing.
We all know who will win the next election.
Politicians are a reflection of the society..Unfortunately
@adityaraj32183@sardesairajdeep True but easier said than done..😀
See it this way:
You tell your friend that inflation has shot up, and he advises back why don’t you cut most of your spending including say Netflix/lower data plan and increase your savings.
Would we do that or blame the system 😀😀
@rckp02@sardesairajdeep Well infrastructure spending is good to be honest.
Statues are a waste, although some economists would say it still moving the money in the local economy, generates some tourism, gives employment, as long as you are not importing..
@ManishPandey37 Eoin Morgan: in fact there was a realistic chance of him being dropped in the finals.
In Gauti’s era Eden Gardens was a bowlers ground with avg score of 160 ie 133 SR.
Rahane should move to 1 dn and get Narine bat at the top, he doesn’t waste balls even if he scores less
@keshavbedi@masijeevi Both for currency and inflation- mild weakness each year is the best situation for any economy.
Too much weakness or strengthening of currency or very high or negative inflation are both very bad.