Monday, February 28, 2011


.For 28/2/2011 at 0330 hrs IST on 1/3/2011
[From Indian Express dated 28/2/2011]

Tax exemption limit raised to Rs 1.8 lakhs from  1.60 lakhs.
Huge allocation for Infra with the possibility of HUGE scam too in this area,as it is under Con Artist MM Singh.

2 G Spectrum scam widens to BSNL's WiMax.
USA may not provide dual use of tech [to India], after all.
International Bankers create the "boom-bust" cycle.
Govts steal THE WEALTH,of the Citizens.Keeping Inflation high.There seems to be OPEN cheating misusing the POWER vested in the same.
55% PDS food misused,about 12000 MT rot.
PAC finds irregularities in AIBP,Accelerated Irrigation Benefit Programme ,in the way in which investments have been approved.
Russia launches Glonass satellite.India may benefit.
Russia to build Bangla Desh's first Nuclear Plant.
sensex   +122;17822. FIIs can invest directly in MFs .
volume     bse   -     288313500
                     nse   -     846812910
                    Total -     1135126410            
Volumes OK.FIIs selling.
vix[fear index]:-
India  24.40;-2.87;-10.52%[corrected]
USA   18.35;-0.87;-4.53%;200 DMA 22.56
Institutional Purchases:-
Foreign    D/M/Y :-    Rs Crores -40/-7422/-16326
Indian        Rs Crores :+317;+5780;+11018
BDI              1251;+6;+0.48%;Below 200 DMA of 2351;Shipping and Markets in trouble.
Gold     1411 $/US Oz
Silver     1090 $/kg
Copper   4.4764 $/lb  
Reuters CRB Index US $  352.58;0330       Hrs IST.
Crude     96.90 $/bbl;Libya
US Dollar Index  76.89[has fallen below 77 after a long time]
Re V Dollar          45.26
PMI   The HSBC Markit Purchasing Managers' Index, based on a survey of 500 companies, rose to 58.4 from 57.2 in October. It was the strongest level since May, when it was 59.
Above 50 indicates growth.
Nifty Futures  9.80 points Premium,28/02/2011
P/C   0.65,25/02/2011`



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