Parliament adjourned for the 20th consecutive day due to 2 G spectrum scam of the MM Singh Government.
‘Surrender’ in Cancun:Globalist,Jairam Ramesh betrays.Read here and here
2G spectrum: sold cheap.Opposition toughens stand.Banks funded dubious Telcos.Read here here and here
Hackers' revenge,for blocking donations.Hack sites.Read here.
Banking sector may be weak for a longer time.Read here
Low Govt spending and hence low Liquidity.Read here
Reasons for indices tanking.One and Two
1. Year-end selling by foreign funds in banking and realty sectors.
2.Rise in food inflation that could signal a possibility of
3. Interest rate hike by the RBI.
4.Reserve Bank of India Governor D Subbarao warned of a liquidity crunch in the system and said that government schemes that are sucking the cash from the system.
5.Margin deficit selling and recent furore by SEBI on stock price rigging.
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