25/3/2013

1.Fake notes on the rise:-RBI
2.IMF does a M M Singh in Cyprus.
     IMF and the World Bank destroy nations with their,"REFORMS" or anti-National policies,,which Stiglitz calls "IMF Riots". WTO is also involved,in this mischief with TRIPS.
3.Cyprus 'drama' ends with IMF doing a M M Singh.
Excerpt from the link in item 3:-
'The revised accord spares bank accounts below the insured limit of 100,000 euros. It imposes losses that two EU officials said would be no more than 40 percent on uninsured depositors at Bank of Cyprus Plc, the largest bank, which will take over the viable assets of Cyprus Popular Bank Pcl (CPB), the second biggest.

Cyprus Popular Bank, 84 percent owned by the government, will be wound down. Those who will be largely wiped out include uninsured depositors and bondholders, including senior creditors. Senior bondholders will also contribute to the recapitalization of Bank of Cyprus.'

     Upto 40% THEFT from Bank Accounts.

Sensex  -54 ; 18681
Nifty Futures [Monthly]   about 48.80 points  Premium,25/3/2013
P/C  0.73
vix[fear index]:-
India                                                  16.36;+ 0.82;+ 5.28 %
Foreign    D/M/Y :-    Rs Crores -     -717
Indian        Rs Crores :-                        -423
BDI   $           933;  +3;  +0.32%;ABOVE 200 DMA of 866,but LOW.Shipping,GLOBAL ECONOMY  in trouble.
Gold       1604 $/US Oz   Rs 29571 / 10 grams [ Manipulation as Crude price ONLY is going up on a weak Dollar but others fall,especially Gold and Silver to some extent.Big Oil and "THE" Bankers?]
 [CME has reduced Margins for Gold,SIlver and Copper contracts on 15/11/2012]
Silver     928  $/kg      Rs 54201 / Kg
Copper   3.4426 $/lb  
Reuters CRB Index US $  294.70
Brent Crude    108.14  $/bbl      [43% Indi Crude basket]
Oman Dubai Crude  $105.07/bl [57%R Indian Crude basket] 25/3/2013
Indian Crude Basket [aprox due to date variation] 106.39/bbl
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Crude Oil (Indian Basket) 22/3/2013
-     In US Dollar ($/bbl) 104.78
-     In Indian Rupees (`/bbl)   5693.75
-     last fortnight      "   "          5822.80  [March    1st to 15 th, ,2013]
Exchange Rate  (`/$) 54.34
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US Dollar Index  82.82
Re V Dollar          54.28
The HSBC manufacturing Purchasing Managers' Index (PMI) , compiled by Markit, 54.2 in February,2013,against 53.2 in January, 2012.In January, the PMI reading was 57.5.
The HSBC services Purchasing Managers' Index (PMI), based on a survey of around 400 companies, fell to 54.2 in February from January,2013, 57.5.
Above 50 indicates growth.

Will be updated....