Posts

Showing posts from February, 2018

is something fishy happening in India right now?

Image
I have got a WhatsApp message about the Nirav Modi's 11,400 Cr scam, read it here . While reading it, i have got a serendipitous thought which absolutely has no proof. Here it is: Nirav Modi Jewellery: The total value of Nirav Modi's scam is 11,400 Cr INR . The bank involved in the scam is PNB ~ Punjab National Bank. As i have recently started equity trading, so i have idea on the indexes and share price of popular at least. Share price of PNB has increased drastically in last quarter. Here is the share price graph of PNB in last 1 year: The mean reason for price hike being government 2.11 Cr allocation to strengthen banks which are affected by NPA's. Not just PNB all public sector banks share prices have gone higher. check here . PNB has rallied better than any other public sector bank. Like any other layman, i was also thinking good and great about PNB's rally until i read about the NM's scam. So, the share price dropped to the current 126.1 which...

Positive Media

Image
Media is   the Means of Mass communication. Media is not just news channels. so, what all comes under media: Television Channels News Papers  Magazines Movies Radio News Apps News Web sites The media is corrupted, no..no... i would say lot effected by the financial zeal of people.  " greed for money is the root of all evil ". 90% of above media is running behind money. In addition to this, India's largest employer i.e. our great political eco system made it much more worse. If money is the Root cause, politics are in all branches of it - what, why, which, when, whom and how. This opinion on media was there from long back but this quora answer catalysed me in writing this.  Not just this. plenty..plenty..we will be coming across which our media never focuses on. Focus is very far, not even show in a scrolling or in corner of a least visited page.  As said in that answer, All this media working hard in creating negative en...