Indian Rupee hits historic low: Now Rs 67.23 = 1 Dollar

[Star Wars]

Once this parliamentary session ends on 31'st August, there is no chance of Early election as government would be safe from a no-confidence motion.

I know , i just hope otherwise

 

[Enemy]

Foreign investors have already started fleeing.

Indian rupee hurtles lower as foreign investors flee

 

[Desi Guy]

My 6 months fee's for Higher Studies in Australia increased from 7.5 Lakh INR to 8.75 Lakh in 4 weeks. Stupid GOI, now middle class will not be able to afford to study abroad.

Me too brah in the same boat for my residency application .I need around 21000 UsD in the coming Quarter.I bought USD at 55 two months ago .Now it is booming to 69 Bleh ....

 

[eastwatch]

Some are predicting 100.

Some are even suggesting 200.

Madness，Total madness！

At 200 per dollar Indian paper notes will become cheaper than toilet paper. I do not think it will ever happen. Even 100 is too low.

 

[Enemy]

Making matters worse... as election nears

http://www.defence.pk/forums/centra...ws-arrested-people-fight-elections-india.html

 

[Star Wars]

I don't buy that.

I have read analyses which suggest that Modi is over-hyped because his authoritarian, take-no-prisoners style of management won't work at the national level. In Gujarat, he is surrounded by a bunch of yes-men and he doesn't know the art of compromise.

Anyway, chances of him running the show with an absolute majority are nil, so the exact make-up of the next government will be watched very closely.

Most of the analysis is made by the people who don't like Modi , AN Authoritarian is exactly what we need ..
Not really in Gujarat he is surrounded by competent men , his advisors are known to be those who have ranked IIM ..
He will get the Majority , he has a very high support base in Urban area's , even in the previous election Congress got majority of its vote from Urban area's ...

 

[Enemy]

I don't buy that.

I have read analyses which suggest that Modi is over-hyped because his authoritarian, take-no-prisoners style of management won't work at the national level. In Gujarat, he is surrounded by a bunch of yes-men and he doesn't know the art of compromise.

Anyway, chances of him running the show with an absolute majority are nil, so the exact make-up of the next government will be watched very closely.

BJP coming and Modi PM may remain a wet dream of some naive people.

 

[Star Wars]

BJP coming and Modi PM may remain a wet dream of some naive people.

Modi becoming PM is a nightmare for some people , its becoming more and more evident ...

 

[Developereo]

AN Authoritarian is exactly what we need ..

We're talking about a democratic government, not a military platoon.
The most important skill is the art of persuasion and compromise, not authoritarianism.

BJP coming and Modi PM may remain a wet dream of some naive people.

If internet Indians are representative, BJP may well win a coalition majority, but Modi being PM seems unlikely.

Anyway, I don't know much about Indian politics so, like everyone else, I will wait and see...

 

[Iggy]

BJP coming and Modi PM may remain a wet dream of some naive people.

I am not a fan of Modi, but the way congress are ruling, either we are going to get a hung parliament or BJP in power..

 

[TopCat]

Congress win would completely ruin economy.

They had maximum number of seats in this lok sabha that any party has got in past 22 years yet they ran the most ruinous regime of past 22 years.

You cannot cure disease of communism that is part of DNA of congress

Wrong economic policy of both BJP and Congress brought India to this. You want BJP to come to power only to accelerate the wrongdoing of last 2 decades. Congress trying to mitigate some of the damage through investigating the so called Ponzi Scheme foreign investment.
BJP will be the last nail on the coffin.

 

[Iggy]

If internet Indians are representative, BJP may well win a coalition majority, but Modi being PM seems unlikely.

Just curious, what made you think like that? Not for an argument, just want to know the view point..

 

[Star Wars]

We're talking about a democratic government, not a military platoon.
The most important skill is the art of persuasion and compromise, not authoritarianism.

These politicians will compromise even their own mothers and wives ....we need someone like him. Modi has a good track record , i believe he can set things right with the economy .....

 

[anonymus]

Wrong economic policy of both BJP and Congress brought India to this. You want BJP to come to power only to accelerate the wrongdoing of last 2 decades. Congress trying to mitigate some of the damage through investigating the so called Ponzi Scheme foreign investment.
BJP will be the last nail on the coffin.

Do you even have an idea of stupidity of your blabbering? What Ponzi scheme? Does an Steel plant set up by korean money not provide employment to locals or add to GDP?


Could you name single investigation taken up by Congress?


On other hand gifts of congress in past 5 years have been

1. Complete shutdown of mining sector.

2. Retroactive taxation laws to chase off investors.

3. Food security bill.

4. running a deficit of 4%+ consistently.

5. High taxation burden.

6. Chasing out multinationals like POSCO and Vedanta for sake of socialist kool-aid.

 

[Star Wars]

Wrong economic policy of both BJP and Congress brought India to this. You want BJP to come to power only to accelerate the wrongdoing of last 2 decades. Congress trying to mitigate some of the damage through investigating the so called Ponzi Scheme foreign investment.
BJP will be the last nail on the coffin.

it was BJP's Vajpayee govt. which brought massive investment and growth into India through reforms and infrastructure projects ... Then Congress came into power and gave everything thing away for free ....they practically destroyed the country ..