Draghi manipulated the Euro so that he would not face Inflation.And this may dampen 'recovery"!!!Now there are a whole lot of manipulations going on.Japan is going ahead with QE.
US Dollar has strengthened and Gold,Silver etc have come down but Crude price is RISING!!!
1.India's Rupee is also kept weak,as CAD is HIGH.But the payment for India's Crude is in US Dollars.How foolish!
2.FIIs control India's Rupee instead of the RBI!
3.Gold import is being curbed.This may strengthen the US Dollar and again the payment for the Crude,the IMPORT of,which is never reduced or sopped,based on the break-even price for refining.
4.India's Fiscal Deficit is being kept DELIBERATELY HIGH to cite the same,as an excuse for ushering anti-India and pro-MNC policies.
5.The so-called,UNDER-RECOVERIES claimed by the OMCs are IMAGINARY but they are being misused for raising the prices of petroleum fuels for the following:-
i)To benefit the Private players Indian and Foreign[Shell India,Mittal,RIL,Essar etc]
ii)To benefit the MNCs who are going to enter Retail marketing of petroleum Fuels in India,after the hikes are handsome enough.That's why Diesel is ,proposed, to be increased by 40 to 50 paise every month.
To be continued.......
US Dollar has strengthened and Gold,Silver etc have come down but Crude price is RISING!!!
1.India's Rupee is also kept weak,as CAD is HIGH.But the payment for India's Crude is in US Dollars.How foolish!
2.FIIs control India's Rupee instead of the RBI!
3.Gold import is being curbed.This may strengthen the US Dollar and again the payment for the Crude,the IMPORT of,which is never reduced or sopped,based on the break-even price for refining.
4.India's Fiscal Deficit is being kept DELIBERATELY HIGH to cite the same,as an excuse for ushering anti-India and pro-MNC policies.
5.The so-called,UNDER-RECOVERIES claimed by the OMCs are IMAGINARY but they are being misused for raising the prices of petroleum fuels for the following:-
i)To benefit the Private players Indian and Foreign[Shell India,Mittal,RIL,Essar etc]
ii)To benefit the MNCs who are going to enter Retail marketing of petroleum Fuels in India,after the hikes are handsome enough.That's why Diesel is ,proposed, to be increased by 40 to 50 paise every month.
To be continued.......
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